Trends Report

How To Fail And Not Get Fired

Lessons From 11 Leaders On How To Turn Failure Into Success

September 27th, 2018
Martin Gill, VP, Research Director
Martin Gill VP, Research Director
With contributors:
Stephen Powers , Oliwia Berdak , Jacob Morgan , Erin Sellers , Kara Hartig

Summary

We've all heard the mantra: Fail fast; fail cheap. Enterprises use a growing range of techniques — design thinking, Lean Startup, and more — to emulate the test, learn, and pivot approach endemic in startup culture. These approaches accept failure as an inevitable outcome, but for some traditional firms, failure is failure. And for some digital business professionals, that can be a career-stalling experience. We interviewed 11 leaders to understand how to transform failure into a learning point on the path to success.

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