Five Ways To Make Failure Your Best Competitive Advantage

By on April 7, 2015

 

http://www.forbes.com/sites/jacobmorgan/2015/04/06/five-ways-to-make-failure-your-best-competitive-advantage/ A great leader understands that everything will not always go according to plan.  He knows there will be successes and failures.  The very best leader do not dwell on the failures, but instead embrace them and figure out a way to get better from the setback.  Check out these five ideas and implement them into your coaching setbacks!

We have long been taught to avoid and run from failure but a big part of the future of work is embracing failure because ultimately this is what leads to innovation. In part one of this post I talked about the why and today I want to talk about the how. That is, how can organizations go about making failure a powerful competitive advantage. Understand that failure is not the same as bad work I mentioned this in part one of the post but wanted to expand on it here.

A few weeks ago I wrote aboutWhy Failure Is The Best Competitive Advantage. We have long been taught to avoid and run from failure but a big part of the future of work is embracing failure because ultimately this is what leads to innovation. The benefits of doing so: increases […]

Understand that failure is not the same as bad work

When dealing with any kind of rejection, make it a practice of learning from it. Try learning from your mistakes so that when you try again you will not make the same mistakes. You will also increase your chances of making it the next time around. Read more…

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