If your business has made a brilliant mistake, you could win two round-trip tickets on Southwest Airlines, a Wharton Executive Education course, a copy of the book, business-conference tickets and more goodies. To enter, describe your mistake in 300 words or less. You need to answer:
What led to the mistake? How did it happen? What did you learn from it? Did it result in a change? How did it affect your organization?
To me, this sort of business success is a two-step process. First you have to discover something, often by accident. Then, the critical step is recognizing that this mistake could actually be something great. I think so many "mistakes" that had potential are simply discarded.
An exercise in leadership development. Document your failures - a failure resume. By looking back at what you didn't achieve, not with the shoulda, woulda, coulda - but with some insights can help you develop better leadership skills.
Failomics is a field of research intent on studying failures and debris produced in the process of doing science. Scientists contribute stories and leftovers from their research, and the data is processed by artist-scientist Dr Isabelle Desjeux, resulting in laboratory installations, scientific posters, cheeky videos, serious presentations and (one day, when the contributions are numerous enough) a book on the origin, evolution, anatomy, biochemistry, pattern of migration of these beasts...
The failure wall was part of our efforts to create a company culture where employees can take risks without fear of reprisal. As NPR's Here and Now reported earlier this year, we started by collecting inspirational quotes about failure. Among my favorites:
"Success is going from failure to failure without loss of enthusiasm." – Winston Churchill "I have not failed, I've just found ten thousand ways that won't work." – Thomas Edison "Mistakes are part of the dues one pays for a full life." – Sophia Loren
TED Talks International aid groups make the same mistakes over and over again. At TEDxYYC David Damberger uses his own engineering failure in India to call for the development sector to publicly admit, analyze, and learn from their missteps.
The goal of the Institute of Brilliant Failures is to bring about a shift in the way we view failure - to promote a positive view of failure through the use of stories, film, interactive workshops, and road shows. The institute is our tribute to inventors and those who had the courage to try something different, and our way of laying down a challenge for the rest of us…
Time and time again history has shown us that our most valuable experiences are more likely to come from mistakes than from successes. We learn from our failures and our failures are a source of inspiration for others. In this respect failure is not only an option but failure is also necessary!
The Institute of Brilliant Failures is a brainchild of Dialogues, an initiative of ABN-AMRO. Dialogues’ mission is to stimulate entrepreneurial thinking and behaviour (in the broadest sense of the word) by encouraging people to develop new ideas and enabling innovators to turn ideas into reality. However, these efforts could be wasted in a culture where failure is seen as unacceptable and few are prepared to take the necessary risk. The Institute of Brilliant Failures aims to change this culture…
Step into the London offices of Wieden & Kennedy, one of the world's most cutting- edge advertising agencies, and the first thing you see is a mannequin in a pinstriped suit and buffed shoes, his head replaced with a kitchen blender and the words...
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