Friday, 22 March 2013

When is it OK to fail..?


I read this interesting article recently about the benefits of failure.

Some good advice regarding the mindset we should adopt towards failures... Here are some interesting quotes that resonated a bit with me:
  • embrace and foster a culture of experimentation... 
  • failure is acceptable... 
  • don't go on repeating the same failures over and over again... 
  • most companies have "low tolerance for failure culture" - no room for experimentation... 
  • failure... can mean different things to different people.
  • honourable failure... and incompetent failure... 
  • we learn through experimentation... 
  • it's not the failure [that's important]... but rather the learning.
  • failure in organisations most often happens on two levels: the failure to anticipate and the failure to execute. 
  • the fast pace of change we experience today actually seems to happen much faster outside organisations than inside. It takes time to adapt to changes... 



Takeaways... 


We need to adopt and value experimental ways of thinking and working
We need to 'budget' for failures to occur, when we are trying new ideas, initiatives, etc. 
We need to learn from failures that we inevitably experience from time to time, rather than continuing to fail in the same way. 
Failure to change, evolve and improve is a failure in itself - if we don't actively pursue new ways and innovations, we are guaranteed to fail. 
Change is happening in 'the real world' at an increasingly rapid rate, whether we like it or not - better to to be proactive about keeping pace with this than to bury our heads and have our practice become irrelevant.

2 comments:

  1. My view is that there is no failure, only feedback.

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    Replies
    1. Like it! Be non-judgemental and view it as a learning experience...

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