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NEED EXTRA HELP?

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OPERATIONAL RESILIENCE HEALTH CHECK

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INSIGHT BLOG

Put failure in its place

Put failure in its proper place: opportunity to learn valuable truths & signal that what we’re doing really matters.

 

Extract from Harvard Business Review – Whitney Johnson:

You’ve started a company and it goes belly-up. Or you launched a new product and not only does it fail to sell, customers actually hate it. Or you get fired.

What happens when you dare to dream, make that dream real, and then fail?

There’s the plucky Henry Ford quotation which admittedly, and almost embarrassingly, I have used: “Failure is only the opportunity to begin again more intelligently.” Since Ford was eventually wildly successful, this aphorism does reassure, but it also jauntily skips over the emotional precipice on which we teeter when we fail. No matter how many chirpy quotes I may tweet out, when I fail my initial response is despondency, pessimism, and the feeling that perhaps I need to relocate to another city because I can never show my face in public. Ever. Again. I tend to identify with Margery Eldredge Howell, who said: “There’s dignity in suffering, nobility in pain, but failure is a salted wound that burns and burns again.”

As I have grappled with my own this-just-may-break-me failures, I am increasingly convinced that dreaming must be a process, an engine of experimentation. As we practice innovating we are propelled up a personal learning curve — and we begin to accomplish our dreams. But implicit in daring to disrupt the status quo is daring to fail. As we learn by doing and do by learning something will eventually (and inevitably) not work. As former DARPA official Ken Gabriel said, “An important part of disruption is having the nerve to take on a really big failure.” At this critical juncture in the process of dreaming, we must decide how we will approach failure: Did I fail my way into a black hole? Or is failure a tool that will help me innovate more effectively?

More … http://blogs.hbr.org/johnson/2012/10/put-failure-in-its-place.html

Oct 18 2012

Business Transformation

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