My WSJ “C-Suite Strategies” article how great CEOs drive innovation and growth
The Wall Street Journal recently published an article I wrote with my UC Berkeley and Princeton colleague John Danner. The article is entitled: “How Not to Flunk at Failure” and builds on the work we did for our recent book: “The Other “F” Word: How Smart Leaders, Teams and Entrepreneurs Put Failure to Work”
The gist: We all know that we should learn from our mistakes. It seems simple. So why is it that we so often ignore this common-sense advice, especially in business environments?
In this article we identify four actions that leaders of all types can take to help turn failure from a regret to a strategic resource that can drive innovation, growth, and a more productive culture with engaged employees:
- Acknowledge your own fallibility, along with lessons learned from those setbacks.
- Ask the right questions when a failure occurs, and in the right order.
- Borrow perspectives and language from disciplines other than business, such as science and engineering.
- Make the endings count to drive the culture of innovation and engagement you seek.
Here’s the link to the article: http://www.wsj.com/articles/how-not-to-flunk-at-failure-1445824928?alg=y
I will be giving a number of upcoming talks on this topic, located up and down California. If you are interested these talks are open to the public:
- November 9, Santa Monica: https://www.eventbrite.com/e/the-other-f-word-failure-and-how-successful-leaders-put-it-to-work-tickets-19064061120?aff=ebrowse
- November 10, Santa Barbara: http://www.tmp.ucsb.edu/calendar/event/distinguished-speaker-series-mark-coopersmith
- November 12, San Francisco https://thirsty-thursday-the-other-f-word.eventbrite.com
Hope to see you soon!