“I have not failed. I’ve just found 10,000 ways that won’t work.” Thomas Edison.
Failure at some point is inevitable. It will waste money, damage or destroy careers, deflate morale, and harm customers, clients and patients. Fortunately, given the right mind-set and culture, failure can also lead to great improvements within an organization. Learning from failure has the potential to improve our safety, efficiency, and chance at future success. While we don’t necessarily need to invite failure, we should embrace the opportunity to learn from failure when it comes to visit. Duke University Professor of Management Sim Sitkin, would consider the multitude of ways that Thomas Edison discovered how not to make a light bulb before he actually became successful, “intelligent failures”. Organizations which are uncomfortable with the idea of failure or are limited in their failure analyses to superficiality such as “policies were ignored” or “our competitors had more start-up funding” will not be able to take advantage of failure.