Manraj’s company was named one of the Fortune 100 best companies to wo

QUESTION

Manraj’s company was named one of the Fortune 100 best companies to work for. The company is doing great financially, and Manraj and other employees love working there.

They developed three software programs that sold briskly over the past three years, and Manraj proclaimed that they were on a roll that could only continue. Which of the five stages of organizational decline is showing in Manraj and his fellow employees?
A) grasping for salvation
B) hubris born of success
C) capitulation to irrelevance or death
D) denial of risk and peril
E) undisciplined pursuit of more

ANSWER

Answer: B
Explanation: B) Hubris born of success: “We’re so great we can do anything” can be one of the biggest impediments to growth by reinforcing a traditional way of doing things.