Celebrating Failure Helps Innovation Efforts

Celebrating Failure Helps Innovation Efforts

Many companies fear failure, but it can be a jumping-off point for future success. In fact, frequent failure is even ideal for spurring innovation. Allowing front-line employees to be creative and share their ideas, tweaking working processes, and learning from failures can all help companies improve their innovation efforts. Companies such as Google, Netflix, and Amazon embrace small failures as a way to stay the course. Planning for failure, rather than just bracing for it or anticipating success on unfounded data, can help companies come back even stronger in the face of disappointment.

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More Innovation Resources:

Creative Thinking Exercise – That’s Just the Way It Is by Woody Bendle

Creative Thinking Exercise – That’s Just the Way It Is by Woody Bendle

Want to come up with new and innovative ideas? Woody Bendle has a creative thinking exercise called "That’s just the way it is" which helps identify opportunities for innovation by challenging existing conventions.

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Innovation Dream Team

Innovation requires a team, and having the right roles, diversity, and processes in place can make all the difference in creating a Dream Team for successful innovation.

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Improving your Business Potential for Innovation - Limitations and Criticisms of Design Thinking

Improving your Business Potential for Innovation - Limitations and Criticisms of Design Thinking

Design Thinking has been marketed as a process but it's actually a human-centered approach that can be difficult to integrate into highly rational organizations.

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