The Undisciplined Pursuit of More A Look at How the Mighty Fall

I recently heard that a medical organization in one of the Texas markets closed three of four free-standing Emergency Rooms they had opened within the previous two years. They were multi-million dollar losses.

When I heard the news, I was reminded how as leaders, we sometimes feel over-confident and pursue growth without much planning or discipline. I’ve been there before. I’ve done it in the name of taking risks and trusting my gut. But “taking a risk” and “trusting your gut” must not be a euphemism for being reckless.

pursuit of more

This reckless approach was described in one of my favorite books, How the Mighty Fall, by Jim Collins. The author discusses how organizations, even big successful ones, tumble into non-existence. He clearly illustrates how the undisciplined approach to acquire more is the impetus to failure. Twitter_logo_blue Here are the Five Stages of Decline which Collins describes.

The 5 Stages of Decline

  • Hubris Born of Success
  • The Undisciplined Pursuit of More
  • Denial of Risk and Peril
  • Grasping for Salvation
  • Capitulation to Irrelevance or Death

The Undisciplined Pursuit of More

Many times when we see others growing rapidly, we look upon them with envy. But often their growth is undisciplined and without recourse in the event a “worst case scenario” occurs.

As leaders, there is a difference between dreaming big and taking risks, being bold and uninhibited and being outright undisciplined and unprepared as we pursue expansion.

Your Friend,
Wes Saade MD Signature

For Further Reading:

Three Fundamental Growth Disciplines
When Leaders Fail, People Suffer

 

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