How the Mighty Fall and why some companies never give in by Jim Collins

I wanted to read this book by Jim Collins, "How the Mighty Fall." I read "Good to Great" and was so intrigued by it that I felt compelled to pick up a book that describes how companies fall. I get how professional sports franchise like the Indianapolis Colts get to become king of the hill. I understand how an organization like the Baltimore Orioles can fall from glory. Two great examples for me. What "How the Mighty Fall" by Jim Collins told me how companies get to the top and how some companies fall so far down and dissolve, disappear, KaPoof!

The demise of a profitable organization according to Jim Collins happens in stages. Those stages are:

*Arrogance based on success
*More, more, more expansion without discipline
*Failure to understand the risk
*Grasping for salvation
*Surrender to Kapoof or irrelevance

After reading this book, I felt the stages could apply to small companies as well as major corporations. But I will let the readers decide on this: One, do the stages described in the book transcend the human experiences? Are they limited to business? Two, could this book become one of the top 100 business books?