Learning From Failure

The wisdom of learning from failure is incontrovertible. Yet organizations that do it well are extraordinarily rare. This gap is not due to a lack of commitment to learning. Managers in the vast majority of enterprises that I have studied over the past 20 years—pharmaceutical, financial services, product design, telecommunications, and construction companies; hospitals; and NASA’s space shuttle program, among others—genuinely wanted to help their organizations learn from failures to improve future performance. In some cases they and their teams had devoted many hours to after-action reviews, postmortems, and the like. But time after time I saw that these painstaking efforts led to no real change. The reason: Those managers were thinking about failure the wrong way.
First, failure is not always bad. In organizational life it is sometimes bad, sometimes inevitable, and sometimes even good. Second, learning from organizational failures is anything but straightforward. The attitudes and activities required to effectively detect and analyze failures are in short supply in most companies, and the need for context-specific learning strategies is underappreciated. Organizations need new and better ways to go beyond lessons that are superficial (“Procedures weren’t followed”) or self-serving (“The market just wasn’t ready for our great new product”). That means jettisoning old cultural beliefs and stereotypical notions of success and embracing failure’s lessons. Leaders can begin by understanding how the blame game gets in the way.

                                                                                                     TAIWO OLUWAFEMI O
                                                                                    BUSINESS DEVELOPMENT CONSULTANT

      Positive Thinkers Cope Better                With Stress  

—Positive thinking leads a man to success. One who thinks that he can achieve the things, will put his best to achieve, will not fetter by the problems in the path of success and one day he will win positively. Self confidence, determination, perseverance, and hard work are the key factors of success.

—Every small or big, easy or complex problem have its solution. There is a way out of every labyrinth, there is an answer to every enigma. The only requirements are the confidence, hard work and determination and you get the answer.

Positive thinking

Positive Thinking - Your Key to Success

—Did you know that positive thinking is one of the most important keys to achieving success?

—With this key, it is easier to gain success, inner peace, improved relationships, better health, happiness and satisfaction. This key, also helps in the daily affairs of life, making everything flow more smoothly, and with less friction. A positive attitude makes life look brighter and promising.

 

            Taiwo Oluwafemi .O

        Business Development Consultant

Importance of Creativity

Creative minds always soar higher but feeble minds accept defeat and never make simple impact in its dealings.