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Respondents to survey questions involving sensitive information, such as sexual behavior, illegal drug usage, tax evasion, and income, may refuse to answer the questions or provide untruthful answers to protect their privacy. This creates a challenge in drawing valid inferences from potentially inaccurate data. Addressing this difficulty, non-randomized response approaches enable sample survey practitioners and applied statisticians to protect the privacy of respondents and properly analyze the gathered data.

Incomplete Categorical Data Design: Non-Randomized Response Techniques for Sensitive Questions in Surveys is the first book on non-randomized response designs and statistical analysis methods. The techniques covered integrate the strengths of existing approaches, including randomized response models, incomplete categorical data design, the EM algorithm, the bootstrap method, and the data augmentation algorithm.

A self-contained, systematic introduction, the book shows you how to draw valid statistical inferences from survey data with sensitive characteristics. It guides you in applying the non-randomized response approach in surveys and new non-randomized response designs. All R codes for the examples are available at www.saasweb.hku.hk/staff/gltian/.

• Sales Rank: #3994638 in eBooks
• Published on: 2016-04-19
• Released on: 2016-04-19
• Format: Kindle eBook

Review

"The strong points of this text are the timing (it is the first book on its topic) and the fact that it uses both Bayesian and frequentist procedures for solving these interesting problems. The level of mathematical detail appears appropriate for Ph.D. students in statistics or related disciplines. I believe the text will be useful for self-study by scientists and statisticians, and potentially useful in some applied courses or as a supplement to a more theoretical course …"
―Journal of the American Statistical Association, March 2015

"For all these models and generalizations thereof, a detailed discourse of hypothesis testing, estimation, large sample inference, and findings from finite sample simulation is presented. Examples accompany the discussion models and methodologies, making the book quite self-contained. The book contains, nonetheless, a comprehensive list of references in the area. … The book provides an in-depth description of all aspects surrounding inferences and analyses of the different methods to deal with sensitive survey questions. When this is added to the knowledge of conducting interviews with specific subject subgroups, one is well equipped to conduct a survey with the least possible bias."
―International Statistical Review, 82, 2014

About the Author

Guo-Liang Tian is an associate professor of statistics in the Department of Statistics and Actuarial Science at the University of Hong Kong. Dr. Tian has published more than 60 (bio)statistical and medical papers in international peer-reviewed journals on missing data analysis, constrained parameter models and variable selection, sample surveys with sensitive questions, and cancer clinical trial and design. He is also the co-author of two books. He received a PhD in statistics from the Institute of Applied Mathematics, Chinese Academy of Science.

Man-Lai Tang is an associate professor in the Department of Mathematics at Hong Kong Baptist University. Dr. Tang is an editorial board member of Advances and Applications in Statistical Sciences and the Journal of Probability and Statistics; associate editor of Communications in Statistics-Theory and Methods and Communications in Statistics-Simulation and Computation; and editorial advisory board member of the Open Medical Informatics Journal. His research interests include exact methods for discrete data, equivalence/non-inferiority trials, and biostatistics. He received a PhD in biostatistics from UCLA.

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Over the past half century, corporate social responsibility has become an important concept in management, marketing and communication literature. In the past twenty years a visible shift has been made into what was written about CSR: a move away from the financial benefits derived from such activities towards reputational impact, stakeholder relationships and communication with a wide range of audiences being noted. With social and digital media reshaping the way in which business is conducted, and with the number of companies embracing the new social medium for their marketing and communication programmers, this book re-examines CSR practices from a digital perspective. In doing so, it revisits some of the theoretical discussions about CSR while inquiring whether and how CSR can be applied online. This book examines key conceptual insights about corporate social responsibility and digital and social media, and explores best practices for online CSR. In this way, the volume explores the impact and influence of the new 'social' on responsibility and its feasibility, measurability and success in a boundary-less world.

• Sales Rank: #5163109 in Books
• Published on: 2015-04-08
• Original language: English
• Number of items: 1
• Dimensions: 9.30" h x 1.00" w x 6.20" l, 1.22 pounds
• Binding: Hardcover
• 288 pages

Review
In the context of digital communication and globalization, researchers of business, communication, ethics, and other fields explore how corporate managers communicate that a corporation is socially responsible. The topics include the rhetorical citizenship of corporations in the digital age, insights from Internet contagion and contingency theory into how activists shape corporate social responsibility, using social media for corporate social responsibility communication and engaging stakeholders, and digital reflections of pharmaceutical companies and their corporate social responsibility communication strategies. Distributed in North America by Turpin Distribution. --Annotation �2015 Ringgold Inc. Portland, OR (protoview.com)

About the Author
Ana Adi - Bournemouth University, UK
David Crowther - De Montfort University, UK
Georgiana Grigore - Bournemouth University, UK

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• Sales Rank: #1517083 in Books
• Published on: 2015
• Dimensions: 4.10 pounds
• Binding: Paperback

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Clearly written and comprehensive, the eleventh edition of Gustafson and Hughes' popular book, COLLEGE ALGEBRA, provides in-depth and precise coverage, incorporated into a framework of tested teaching strategy. The authors combine carefully selected pedagogical features and patient explanations to give readers a book that preserves the integrity of mathematics, yet does not discourage them with material that is confusing or too rigorous. Long respected for its ability to help learners quickly master difficult problems, this book also helps them develop the skills they'll need in future courses and in everyday life. Retaining the mathematical precision instructors have come to expect, the authors have focused on making this new edition more modern to better illustrate the importance of math in our world.

• Sales Rank: #10265 in Books
• Brand: Cengage Learning
• Published on: 2012-01-09
• Ingredients: Example Ingredients
• Original language: English
• Number of items: 1
• Dimensions: 1.30" h x 8.60" w x 10.90" l, 3.85 pounds
• Binding: Hardcover
• 848 pages

Features

• Used Book in Good Condition

About the Author
R. David Gustafson is Professor Emeritus of Mathematics at Rock Valley College in Illinois and has also taught extensively at Rockford College and Beloit College. He is coauthor of several best-selling mathematics textbooks, including Gustafson/Frisk/Hughes' COLLEGE ALGEBRA, Gustafson/Karr/Massey's BEGINNING ALGEBRA, INTERMEDIATE ALGEBRA, BEGINNING AND INTERMEDIATE ALGEBRA, BEGINNING AND INTERMEDIATE ALGEBRA: A COMBINED APPROACH, and the Tussy/Gustafson and Tussy/Gustafson/Koenig developmental mathematics series. His numerous professional honors include Rock Valley Teacher of the Year and Rockford's Outstanding Educator of the Year. He has been very active in AMATYC as a Midwest Vice-president and has been President of IMACC, AMATYC's Illinois affiliate. He earned a Master of Arts from Rockford College in Illinois, as well as a Master of Science from Northern Illinois University.

Jeff Hughes has taught the college algebra course continually for the past 20 years, and his firsthand experience with students lends itself to the innovative ideas he has brought to the text. He has led the way for the addition of the new features and the revised content in COLLEGE ALGEBRA, 10E. He teaches at Hinds Community College in Mississippi.

Most helpful customer reviews

4 of 4 people found the following review helpful.
Not very helpful.
By cecibowen1
The examples in the beginning of the chapter do not always help solve the problems and are sometimes very unclear.

2 of 2 people found the following review helpful.
I really don't like the way this company does their math books
By Jake
I really don't like the way this company does their math books. They will show you examples, then the homework will ask you perform problems that are very much beyond what it showed you examples of. It has caused me to do a lot of extra work, outside of the book, trying to figure out the answers to questions asked in the book.

1 of 1 people found the following review helpful.
Perfect rental book!
By clean air
When I did get the opportunity to use this book, it seemed to be very clear in its examples and provided many exercises at the end of the chapters. But, if I had to do it again, I would purchase the additional guide book along with this one since the even number answers were not provided.

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16 Start-Up Strategies for Entrepreneurs

What is a self-made man or woman? Ever thought about it? Success is not a straight-line deal. There is no A-to-Z path, and there are no magic beans that will carry you upward overnight. Have you ever wondered how to start, scale up, build teams, and flourish in an uncontested market? I can tell you. I did it.

In 1992, I landed in Estonia with $400 in my pocket. There, I discovered a truth that changed my life and the way I conducted business: You can make a lot of money as an entrepreneur by moving decisively in blue-sky markets - markets where you face very little competition and the tide can carry you to riches.

Over the next decade and a half, I built a portfolio of businesses worth $200 million. Now, I want to share the paths that led me to success, passing on my knowledge to you. In Why Sell Tacos in Africa? I explain sixteen principles that allowed me to drive such tremendous growth. May you, too, find a blue-market and watch your business soar.

You'll learn about my business ethics and my tips for successful real estate investment and real estate sales.

www.pauloberschneider.com

Business Start-Up,
Entrepreneurship,
Emerging Markets,
Business Ethics,


Real estate investments



Real estate sales



Investments



Real Estate

• Sales Rank: #57415 in eBooks
• Published on: 2016-10-05
• Released on: 2016-10-03
• Format: Kindle eBook

From the Back Cover
It's hard to find tacos in Africa. What is a self-made man or woman? Ever thought about it? Success is not a straight-line deal. There is no A-to-Z path, and there are no magic beans that will carry you upward overnight. Have you ever wondered how to start, scale up, build teams, and flourish in an uncontested market? I can tell you. I did it. In 1992, I landed in Estonia with $400 in my pocket. There, I discovered a truth that changed my life and the way I conducted business: You can make a lot of money as an entrepreneur by moving decisively in blue-sky markets - markets where you face very little competition and the tide can carry you to riches. Over the next decade and a half, I built a portfolio of businesses worth $200 million. Now, I want to share the paths that led me to success, passing on my knowledge to you. In Why Sell Tacos in Africa? I explain sixteen principles that allowed me to drive such tremendous growth. May you, too, find a blue-market and watch your business soar. pauloberschneider.com

About the Author
Paul Oberschneider is a seasoned startup entrepreneur and property financier who has personally built businesses worth over $200 million. Since 1992, he has helped start a bank credit department, founded a mortgage company, and built the largest single-branded real estate company across five countries in Central Europe. He also developed a portfolio of shopping centers and hypermarkets in Eastern Europe, constructing over two million square feet of retail space. Paul retired, aged 49, before the financial crisis of 2008. Over the last two years, he's grown a chain of nineteen fast food restaurants in London and is involved in the Oxford entrepreneur community, where he serves as a mentor for startup entrepreneurs and as a speaker. Paul’s philosophy of business is simple: to be a successful entrepreneur, touch as many lives as possible by creating companies in uncontested markets where employees, customers, and communities are all winners. Join Paul for more valuable insights, articles and video courses at www.pauloberschneider.com.

Most helpful customer reviews

1 of 1 people found the following review helpful.
I highly recommend it! I just finished this excellent read on ...
By W C.
Tacos in Africa, I highly recommend it! I just finished this excellent read on entrepreneurship in one sitting. The author is spot on with his understanding of overcrowded markets, un-served need, first movers, the value of relationships and the discipline to not fail due to business monuments to one’s own ego. This fellow has "been there...done that", and clearly has the scar tissue to prove it. He sounds like the “Wolf of Wall Street” and Trammell Crow in the same person. There is no B-School rant here, where some professor who never did anything just invents names for every aspect of human enterprise. This is great sage wisdom from a guy with real experience.

I disagree with him, however, on one thing. Pigs don’t get slaughtered. In East Texas we say, Pigs get fat...Hogs get slaughtered.

2 of 2 people found the following review helpful.
Road Map for Success
By James Wenzel
I highly recommend this book for anyone who aspires to be an entrepreneur. This book tells the story about seeing an opportunity, and pursuing it relentlessly, while building a team and friends along the way. This book could be the road map for your goal of making your mark in what ever field that you may aspire to be a success in. Nothing is guaranteed in any business journey, but if you apply the lessons taught here, you will be well on your way to a Successful Attempt at creating your business dream.

1 of 1 people found the following review helpful.
Good!!!! Glad that God gave Paul a second chance.
By Amazon Customer
Good that he finally made it! Wrote a book about what went on in these years and how it was to make a business and start sth! He is a visionary, no doubt!!! Recommending it definitely to anybody who is not knowing what to do with their life and who really wants to succeed, not only in business but in all fields of life actually, the truths and experiences can be well transferred to all situations!!! An excellent read!!! His way of speaking, his manners etc can be felt and seen from every word.

See all 36 customer reviews...

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Why Sell Tacos in Africa?: 16 life-changing business strategies you can use anywhere, from the man who turned $400 into $200 million, by P PDF

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[D383.Ebook] Ebook Free Deepwater Petroleum Exploration & Production: A Nontechnical Guide, 2nd Edition, by William L. Leffler, Richard Pattarozzi, Gordon Sterlin

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The new second edition of this authoritative book has retained all the virtues of the best-selling original, explaining the unique challenges of oil and gas exploration and production in the world's deepwater provinces. New chapters on geology and geophysics, rigs, and service vehicles are included, and the engineering and scientific schemes used in deepwater are covered in greater detail. Case studies in several chapters give practical examples, while the final chapter presents the latest technology employed in a "third wave" of industry evolution.

• Sales Rank: #872212 in Books
• Brand: Brand: PennWell Corp.
• Published on: 2011-10-02
• Original language: English
• Number of items: 1
• Dimensions: 9.00" h x 6.00" w x .75" l, 1.85 pounds
• Binding: Hardcover
• 275 pages

Features

• Used Book in Good Condition

About the Author
William L. Leffler received his BS from M.I.T. and masters and doctorate degrees in business administration from New York University. Following his career with Royal Dutch/Shell in the upstream, downstream, and petrochemicals business, he became a writer and consultant. He has authored multiple PennWell titles including the bestselling Petroleum Refining in Nontechnical Language (2000), Petrochemicals in Nontechnical Language (2001), and Deepwater Petroleum Exploration & Production: A Nontechnical Guide (2003).

Most helpful customer reviews

2 of 3 people found the following review helpful.
Deep water solutions
By Paulahg
An excellent read if you want, or need, to know more about the beginnings and development of oil exploration offshore. I have only read about 30% of the book so far but my knowledge has certainly increased and it has given me a far greater understanding of oil exploration offshore.

Congratulations to the authors for producing a book that is easy to understand even if the readers subject knowledge is limited.

1 of 1 people found the following review helpful.
Very good !!
By Eoon Thian Seng
Strongly recommended... nice book with detailed explanation which is very helpful for nontechnical person like me to understand/ visualize. CBK

0 of 1 people found the following review helpful.
Anyway well written and with nice
By Vincenzo Francesco Morello
I found it a little bite too price for the amount of information that are in it.
I was expecting a little bite more details. Sometimes arguments are not explained at all.
It s more for not professionist. for people that want to have a general overview without know too much.
Anyway well written and with nice figures

See all 8 customer reviews...

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[L295.Ebook] Ebook Download Monodispersed Particles, by Tadao Sugimoto

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This is the first comprehensive book for all aspects of monodispersed particles, consisting of four parts: Part 1 for the fundamentals of the elementary processes; Part 2 for the preparation of monodispersed particles, including the general principles, explanations of almost all known monodispersed systems on the basis of their classification, and techniques for controlling their mean size, shape, internal structure, composition, heterojunction, surface modification, etc; Part 3 for the analytical methods for the formation processes and the characterization of monodispersed products; Part 4 for applications of monodispersed particles to fundamental studies and practicle uses, such as photographic materials, ceramics, catalysts, magnetic recording materials, pigments, cosmetics, biological and medical devices, etc. This book not only covers the most of known uniform particles, including inorganic and polymer particles and their composites, from nanometers to a few hundreds of micrometers, but also compiles numerous references about 2000. While this book is organized from the fundamentals to the ultimate levels, the text is replete with new theories, developed for this book, and novel ideas of the author's own interpretation on the formation mechanisms throughout the whole volume. In this sense, this is a unique book, as entirely different from ordinary textbooks. Since the functions and dynamic behaviours of particles strongly depend on their size, well-defined monodispersed particles are ideal particulate materials for advanced devices as well as models for fundamental studies of colloid science. This may be the sheer reason for the persistent demands for the advent of a comprehensive book focussed on this subject.

• Sales Rank: #11866642 in Books
• Published on: 2011-06-29
• Released on: 2001-01-01
• Original language: English
• Dimensions: 9.57" h x 1.87" w x 6.50" l,
• Binding: Paperback
• 826 pages

About the Author
Dr. Tadao Sugimoto is Emeritus Professor at the Institute for Multidisciplinary Research and Advanced Materials Processing, Tohoku University, Sendai, Japan. His specialties include physical chemistry of colloid and interfaces, synthetic chemistry of fine particles, and materials chemistry. He has been previously employed with the University of Tokyo, Clarkson University, Fuji Photo and Fujifilm, and Manazuru Institute for Superfine Particle Science. Dr. Sugimoto has published books with Elsevier and Springer. He has 41 patents on photosensitive materials and 3131 citations.

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[E765.Ebook] PDF Ebook A History of the Book in America: Volume 4: Print in Motion: The Expansion of Publishing and Reading in the United States, 1880-1940 (Histo

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In a period characterized by expanding markets, national consolidation, and social upheaval, print culture picked up momentum as the nineteenth century turned into the twentieth. Books, magazines, and newspapers were produced more quickly and more cheaply, reaching ever-increasing numbers of readers. Volume 4 of A History of the Book in America traces the complex, even contradictory consequences of these changes in the production, circulation, and use of print.

Contributors to this volume explain that although mass production encouraged consolidation and standardization, readers increasingly adapted print to serve their own purposes, allowing for increased diversity in the midst of concentration and integration. Considering the book in larger social and cultural networks, essays address the rise of consumer culture, the extension of literacy and reading through schooling, the expansion of secondary and postsecondary education and the growth of the textbook industry, the growing influence of the professions and their dependence on print culture, and the history of relevant technology. As the essays here attest, the expansion of print culture between 1880 and 1940 enabled it to become part of Americans' everyday business, social, political, and religious lives.

Contributors:
Megan Benton, Pacific Lutheran University
Paul S. Boyer, University of Wisconsin-Madison
Una M. Cadegan, University of Dayton
Phyllis Dain, Columbia University
James P. Danky, University of Wisconsin-Madison
Ellen Gruber Garvey, New Jersey City University
Peter Jaszi, American University
Carl F. Kaestle, Brown University
Nicolas Kanellos, University of Houston
Richard L. Kaplan, ABC-Clio Publishing
Marcel Chotkowski LaFollette, Washington, D.C.
Elizabeth Long, Rice University
Elizabeth McHenry, New York University
Sally M. Miller, University of the Pacific
Richard Ohmann, Wesleyan University
Janice A. Radway, Duke University
Joan Shelley Rubin, University of Rochester
Jonathan D. Sarna, Brandeis University
Charles A. Seavey, University of Missouri, Columbia
Michael Schudson, University of California, San Diego
William Vance Trollinger Jr., University of Dayton
Richard L. Venezky (1938-2004)
James L. W. West III, Pennsylvania State University
Wayne A. Wiegand, Florida State University
Michael Winship, University of Texas at Austin
Martha Woodmansee, Case Western Reserve University

• Sales Rank: #2335518 in Books
• Brand: Brand: The University of North Carolina Press
• Published on: 2009-01-01
• Original language: English
• Number of items: 1
• Dimensions: 1.83" h x 6.40" w x 9.48" l, 2.48 pounds
• Binding: Hardcover
• 688 pages

Features

• Used Book in Good Condition

Review
This superb collection proves that the history of print culture, when smartly done, is the history of American culture.--The Journal of American History



[Kaestle and Radway's] careful editorial hand is evident in the execution as well as the planning of this volume.--The Library



Eminently measuring up to the superior standard set by the previously issued volumes, Print in Motion is noteworthy not only for the light it sheds on the history of the book, but for the skill with which its contributors set that history in the context of its times. . . . An engrossing narration that will stand for many years as the definitive history of the book in the United States. Persons interested in this subject are encouraged to acquire all five volumes.--Library & Information History



What the History of the Book series shows so clearly is that the world we know, the communities to which we already belong, are reified and reinforced by books. Such is the incredible and incredibly flexible power of this primitive technology. Behold the book: It is limited but perfect.--Humanities magazine



A model of scholarly publication and institutional cooperation. . . . A timely achievement and a great one. . . . Without university presses, we would still be waiting for HBA.--Journal of Scholarly Publishing

Review
The volume reads beautifully, with each essay filling out the framework of the whole. The editors have preserved the distinct authorial voices behind clearly written and well-constructed chapters, which cover the production, circulation, and uses of print. I congratulate the editors for the successful completion of a difficult task, for producing a useful reference book that is much more than the sum of its parts.--Ann Fabian, Rutgers University

About the Author
Carl F. Kaestle is University Professor Emeritus in the Departments of Education, History, and Public Policy at Brown University. He is author or editor of six books, including Literacy in the United States: Readers and Reading since 1880.

Janice A. Radway is professor of literature at Duke University. She is author or editor of four books, including Reading the Romance: Women, Patriarchy, and Popular Literature and A Feeling for Books: The Book-of-the-Month Club, Literary Taste, and Middle-Class Desire (both from the University of North Carolina Press).

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3 of 3 people found the following review helpful.
Leaves Many Gaps
By Thucydides Jr,
I have the first four titles in this series, and they all have weaknesses and strengths. In this case, the strength is in the social context of books, at the expense of the great technological and trade changes. There is a good deal about publishing, but less about book manufacture and printing. There was also a good deal more about journalism than I would have wished or expected in a the history of the book.

The book of 1880 is very much different than the book of 1940, and not just in the content, but in its manufacture and presentation as well. I was hoping for more on dust jackets, typography and binding (which does not even have an index entry). I did not even see a discussion of the Typothetae trade printing movement and associations. German publishing also seems to have a lower profile here than in the previous volumes, and I was hoping to learn more about the sea-change in German publishing in the US with the advent of WWI. Retail bookselling and book collecting (which really took hold in the US between 1890 and 1920) were also only very lightly dealt with.

It seems to me the series has suffered some from mission creep, and has morphed into more of a group of studies of print and reading culture, which to me are broader subjects than the history of the book.

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A History of the Book in America: Volume 4: Print in Motion: The Expansion of Publishing and Reading in the United States, 1880-1940 (Histo PDF

A History of the Book in America: Volume 4: Print in Motion: The Expansion of Publishing and Reading in the United States, 1880-1940 (Histo PDF

A History of the Book in America: Volume 4: Print in Motion: The Expansion of Publishing and Reading in the United States, 1880-1940 (Histo PDF

A History of the Book in America: Volume 4: Print in Motion: The Expansion of Publishing and Reading in the United States, 1880-1940 (Histo PDF

[C795.Ebook] Download Ebook Yo Mama So Stupid Jokes. Yo Mama So Dumb! (Yo Momma Jokes - Best of Book 2), by Yo Momma

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• Sales Rank: #1250936 in eBooks
• Published on: 2014-08-26
• Released on: 2014-08-26
• Format: Kindle eBook

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0 of 0 people found the following review helpful.
Interesting
By Ameerah Marlin
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[A176.Ebook] Download Ebook How The Mighty Fall: And Why Some Companies Never Give In, by Jim Collins

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Decline can be avoided. Decline can be detected. Decline can be reversed.

Amidst the desolate landscape of fallen great companies, Jim Collins began to wonder: How do the mighty fall? Can decline be detected early and avoided? How far can a company fall before the path toward doom becomes inevitable and unshakable? How can companies reverse course?

In How the Mighty Fall, Collins confronts these questions, offering leaders the well-founded hope that they can learn how to stave off decline and, if they find themselves falling, reverse their course. Collins' research project—more than four years in duration—uncovered five step-wise stages of decline:

Stage 1: Hubris Born of Success
Stage 2: Undisciplined Pursuit of More
Stage 3: Denial of Risk and Peril
Stage 4: Grasping for Salvation
Stage 5: Capitulation to Irrelevance or Death

By understanding these stages of decline, leaders can substantially reduce their chances of falling all the way to the bottom. Great companies can stumble, badly, and recover.

Every institution, no matter how great, is vulnerable to decline. There is no law of nature that the most powerful will inevitably remain at the top. Anyone can fall and most eventually do. But, as Collins' research emphasizes, some companies do indeed recover—in some cases, coming back even stronger—even after having crashed into the depths of Stage 4.

Decline, it turns out, is largely self-inflicted, and the path to recovery lies largely within our own hands. We are not imprisoned by our circumstances, our history, or even our staggering defeats along the way. As long as we never get entirely knocked out of the game, hope always remains. The mighty can fall, but they can often rise again.

• Sales Rank: #15632 in Books
• Brand: JimCollins
• Published on: 2009-05-19
• Released on: 2009-05-19
• Original language: English
• Number of items: 1
• Dimensions: 7.75" h x .85" w x 5.00" l, .65 pounds
• Binding: Hardcover
• 240 pages

Features

• Great product!

About the Author

Jim Collins is author or coauthor of six books that have sold in total more than ten million copies worldwide, including the bestsellers Good to Great, Built to Last, and How the Mighty Fall. Jim began his research and teaching career on the faculty at Stanford Graduate School of Business, where he received the Distinguished Teaching Award in 1992. He now operates a management laboratory in Boulder, Colorado, where he conducts research, teaches, and consults with executives from the corporate and social sectors.

Most helpful customer reviews

470 of 520 people found the following review helpful.
Neither good nor great
By Theresa Sull
Let me preface this review by saying that I am a fan of Collins' earlier work. Built to Last was a great book, and Good to Great was very good. How the Mighty Fall, however, is neither. The issue of corporate failure is critical, particularly in the current downturn. Unfortunately, the core of Collins' analysis in this book is flawed.

How the Mighty Fall addresses two related questions: Why do good companies fail? and how does management respond once a company gets into trouble? Collins introduces a five stage model to answer these questions, where steps one and two address the roots of corporate failure and steps three through five managements' response.

Collins' analysis of management response to decline--denial of risk, grasping for salvation, and capitulation to irrelevance or death--accurately describe how leaders respond to deterioration in their business. This analysis here is solid, the writing clear, and the tempo brisk. Collins does a particularly good job of describing dysfunctional leadership behaviors of companies is in decline.

Collins' analysis of why companies get into trouble in the first place is much less compelling. Companies fail, according to Collins, when success breeds managerial hubris, which leads to overreach and ultimately failure. Like many of Collins' findings, this makes intuitive sense. Unfortunately in this case, his core argument runs counter to research on hundreds of companies, conducted over decades by dozens of scholars. There are two major flaws in Collins argument.

First, he claims that companies get into trouble because they overreach and expand beyond their core. This is consistent with data showing that diversified companies trade at a discount to focused rivals. Recent research published in the Journal of Financial Economics and the Journal of Finance has established that the companies often diversify to escape decline in their core business. Overreach is a symptom--not a cause--of decline and thus cannot explain its roots.

Second, Collins ignores a rich body of research that finds decline sets in not because companies stray from their core, but because they stick too close to it. Clay Christensen's research on disruptive technology, for example, demonstrates that companies stumble when they stay too close to their established customers and fail to serve emerging segments. The competency trap literature finds that companies get locked in by what they do well and struggle to adapt when circumstances change. Hubris and overreach, of course, play a role in corporate decline, but a well-established body of research suggests that they are rarely the root causes.

How did Collins, who does many things right in his research, get his core finding so wrong in this case? As always he tackles a big and important question, and his pairing of comparable companies is a sensible research design. His failure to read or acknowledge a rich body of previous research that bears directly on his research question, in this case, has led him to rather facile observations. In research, as in business, a lack of humility in recognizing the contributions of others can lead to overreach.

82 of 96 people found the following review helpful.
Honest Follow-up On Greatness
By S. Durocher
One thing that strikes me about Jim Collins' work is that he is passionate about what he does. He and his researchers dig down deep into companies and examine them from different perspectives over a period of time. As he says, "We do not decide which companies we 'want' to study... we lay out the criteria for the study-set selection before we see the data and systematically eliminate companies from consideration based on whether they meet the criteria." This has given him great insight into what success is, not just for corporations, but for any institution.

What comes through in his recent book, along with passionate study, is honesty. Collins previously chose Fannie Mae as a "Good to Great" institution. Recently, they have demonstrated anything but greatness in facing economic and marketplace changes. There are other companies he chose, like Circuit City, that have gone the same path. Collins discusses why these enterprises were chosen in his previous book and why they fell on hard times after once being great. Because a great company stumbles into mediocrity does not mean the criteria is flawed or the framework wrong. Rather, as the study shows, somewhere along the way these companies strayed away from what once made them great. "How the Mighty Fall" uses the same criteria from "Good to Great," only in reverse, to show how and why once great enterprises have fallen. Collins does this with the same attention to detail and passion as in his previous works.

There are a couple of parts that I found most interesting from the book. First is the chapter entitled "The Undisciplined Pursuit of More." The examples of Ames and Rubbermaid, along with the other ideas presented in this chapter, really hit home in light of recent developments in our financial markets. The second part is appendix 6 where he gives brief case studies on IBM, Nucor and Nordstrom using the "Good to Great" framework to demonstrate how they went from struggling companies back to greatness. I recommend this book to anyone who is interested in an honest assessment of either business success or success principles in general.

50 of 60 people found the following review helpful.
How the Mighty Fall
By dzr242
I am a huge Jim Collins fan. I really believe that Good to Great helped my company in many different ways. This book had some great information in it, but it could have been done in an article in a magazine. There is just not enough substance to fill an entire book. What is there is really important, but not much of it. In fact it seems like half of the book is appendix. I guess after Good to Great I expected more.

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