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When Failure IS an Option

Trying something new is the meaning of innovation, but not every new idea will be a success. “Failure is not an option,” though, is a strong concept in many cultures. Parents say it. Professors say it. Bosses say it. So even when leaders say they will accept failures, how do we get employees to believe it? It will be hard to make money if your employees do not embrace the idea that it is ok to fail. This class will help leaders understand how to manage risk and create a culture that encourages taking chances. We will focus on:

– Managing constructive failure
– Learning from failure
– Creating a culture that encourages innovation