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3min chapter
How The Mighty Fall - 5 Stages Before A Company Goes Bankrupt
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The Three Stages of Failure in Leadership
Over-innovation of going too wide ends up leading to lack of focus. The company at this phase stops paying attention to the negative data and what solutions to come in. If you as the leader are exposed, so you sit there like, oh my God, what do we do? "All you start to think about is a quick fix," he says.
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