Failure as a Competitive Advantage

Whenever I speak about failure I try to re-position it as a competitive advantage:

What kind of organization would you rather work for? One that tries, fails, learns and tries again? Or one that never tries, never fails, never learns?

I ask the question because I think that these two organizations are on two radically different trajectories in terms of their ability to be innovative. Furthermore, in a hyper connected world my hypothesis is that talented people will self select to organizations that try, fail, learn, and try again, while the less talented will naturally gravitate towards the organizations who don't (i.e. atrophy doesn't require talent).

When was the last time you stopped to ask yourself what type of organization you work for?





Originally published by Nick Charney at cpsrenewal.casubscribe/connect