The Upside of Failure

The Dividends of Understanding and Embracing Your Failures

No one likes to talk about the dreaded “F” word. No…not that one. The meaning of the word Failure has joined the ranks of words and phrases that traditionally are regarded as lewd or vulgar – to the point that it’s almost taboo to discuss someone’s failures.

But in some arenas, the tide may be shifting a bit. Recognizing that innovation comes only from risk taking and that employees will shy away from experimentation if they fear retribution, some companies have begun rewarding employees courageous enough to seek new, creative ways to solve problems. That concept signals a fundamental shift in perspective about what it means to fail. Under this emerging theory, a failure merely represents a bump in the road toward success and should not be regarded as defeat. Read the Rest of This Article »