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Freedom to Fail The Highway to Success |
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By Vadim Kotelnikov, Inventor, Author & Founder, Ten3 BUSINESS e-COACH – Innovation Unlimited, 1000ventures.com
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"Real motivation comes from within. People have to be given the freedom to succeed or fail." – Gordon Forward "An idea that is not dangerous is unworthy of being called an idea at all." – Oscar Wilde |
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Balanced Organization: 5 Basic Elements Empowered Employees (Metal):
Failure as a Primary Vehicle for Success
Failure provides a great learning opportunity and should be viewed as a very lifeblood of success. "If you give people freedom to innovate, the freedom to experiment, the freedom to succeed, then you must also give them the freedom to fail. According to Deepak Seethi of AT&T, the organization of tomorrow will demand mistakes and failures. It is only by trying lots of initiatives that we can improve our chances that one of them will be a star."2 The more you fail, the more you succeed. You learn from taking action, from your mistakes, from feedback, from getting going. As Alfred P. Sloan, the man who made General Motors the largest and most successful and profitable industrial enterprise in the world, puts it: "Life itself is a process of trial and error... And those people who make no mistakes are those who make nothing." All you do by not letting your people fail is postpone the growth of your business. Why? Because:
"Success comes from good judgment – Tony Robbins Case in Point Silicon Valley
What makes
Silicon Valley so successful as the engine of high-tech growth is the
Darwinian process of failure. Commentator and author Mike Malone puts it
like this, ' Case in Point Wall-Mart In his 10 Rules for Building a Business Success, Sam Walton, the Founder of Wall-Mart writes: "Find some humor in your failures. Don't take yourself so seriously. Loosen up, and everybody around you will loosen up. Have fun. Show enthusiasm – always. When all else fails, put on a costume and sing a silly song. Then make everybody else sing with you. Don't do a hula on Wall Street. It's been done. Think up your own stunt. All of this is more important, and more fun, than you think, and it really fools competition. "Why should we take those cornballs at Wal-Mart seriously?"... More Case in Point Google
Sheryl Sandberg, a vice president in charge of the company's automated
advertising system committed an error that cost Google several million dollars.
Sandberg told Page, who accepted her apology. But as she turned to leave, Page said, "I'm so glad you made this mistake, because I want to run a company where we are moving too quickly and doing too much, not being too cautious and doing too little. If we don't have any of these mistakes, we're just not taking enough risk." ... More9 Signs of a Losing Organization
29 Obstacles To Innovation
10 Roles of an Inspirational Leader
Creating a Culture for Innovation By: Soren Kaplan Once existing informal communications are understood, it becomes possible to identify opportunities for reinforcing positive messages and overcoming those that impede innovation. This includes creating new stories, symbols and rituals that establish a fresh dialog and that promote values, norms and assumptions more consistent with a culture of innovation. For example, one company interested in addressing a serious deficiency in risk taking established a “Golden Turkey Award” that was given quarterly, with a light-hearted yet serious spirit, to the individual or team with the greatest “innovation failure.” Given publicly by the CEO, the award became a symbol of the importance of accepting and proactively learning from failure as an essential element of the innovation process... More
Principles for Driving Growth Through Innovation... Diverse Routes to Innovation... Leading Innovation... Five Steps to Powerful Team Building... The Power of Taking a Different View... Entrepreneurial Action - the Engine of Innovation... Case in Point Coca-Cola... Case in Point Dell Computer Corporation... Case in Point Charles Schwab... Case in Point "Golden Turkey" Award...
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