Bona tempora volvant--by Guy Kawasaki: How to Prevent a Bozo Explosion
Guy Kawasaki identifies fourteen specific warning signs that a successful company is experiencing a "bozo explosion"—the decline into mediocrity that often follows rapid growth and IPO success—including overuse of buzzwords like "partner" and "strategic," excessive perks, hiring based on credentials rather than merit, and management arrogance. He then prescribes seven remedies: hire people better than yourself, eliminate arrogance, deliberately understaff and undergrow rather than chase growth at all costs, look beyond résumés when hiring, diversify your workforce, and promptly remove underperformers rather than hoping they'll improve.