Innovation Management         Noble Failure as a vital and useful part of the innovation process   In radical innovation, every step forward is a step into terra incognita where failures are teachers and opportunities are guides VadiK Inventor Author Founder   Noble failure provides an eye-opening learning opportunity and should be viewed as a very lifeblood of radical innovation and success. It's only by trying lots of initiatives that you can improve your chances that one of them will be a real breakthrough. Freedom to fail forward means a freedom to explore, venture, experiment, discover, and succeed in uncharted territory.   Failures are Stepping Stones to Success Disruptive Success is 99% Failure Examples Freedom to Fail Successful Practices   I have not failed 700 times. When I have eliminated the ways that will not work, I will find the way that will work. Thomas Edison Encourage people to take risk. Make sure that people aren't afraid of the possibility of failure, do a lot of experiments and learn from failures. Michael Dell<   There are noble and stupid failures. Stupid failures (example) must be prevented. Noble failures should be treated as valuable steps to success. Charles Schwab has a set of criteria for defining noble failure. Noble failure occurs when: ❶ you have a good plan and know what you're doing, you've thought everything through carefully, and have implemented with sufficient management discipline, that if you look back in review, you'd conclude it was thoughtfully done   Manage Failures The Virtuous Cycle of Experimentation How To Prevent Failures Turn Failures to Opportunities Learning SWOT Questions     ❷ you have a reasonable contingency plan to deal with any initial failure and the contingency plan must have been implemented ❸ you need to debrief yourself and ask what you can learn from the experience that will lead your company to be smarter next time.       Charles Schwab journals their failures and lessons they've learned. They maintain also a display of failed innovations and created a videotape for employee orientation. When celebration of noble failure becomes institutionalized, people within the organization are more willing to treat failures as a stepping stone to success, reassess earlier decisions and take corrective measures or even turn failures to opportunities.     Success is 99% failure. Soichiro Honda The only measure of success or failure in life is whether you end up in heaven or hell. Kotfucius   His Majesty QUESTION Questions to prevent stupid errors focus on establishing facts, analyzing causes, understanding desired outcomes, and developing preventative measures. Key questions include: "What happened?" to establish facts, "What was supposed to happen?" to define the goal, "What led to the error?" to identify causes, and "How can we prevent this from happening again?" to create a future solution... More   Awakening Questions Coaching Questions Benefits of Asking Questions 5 Why Questions Examples       Questions and Answers (Q&A) that may help prevent a World War