Tag Archives: failure

Failing Fast Causes More Failure

One scary statistic is that 70% of change initiatives fail. An overwhelming proportion of new product launches fail. Most new businesses fail. The sad fact is that failure is all around us. Is this why so many organizations talk about a fear of failure being one of their major innovation stumbling blocks? And, so what mantra do many innovation and ...

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Lessons from Monet: Impressions of Innovation

Innovation Excellence

I did not set out to chronicle the innovative characteristics of the great painters (my previous writing was on Leonardo da Vinci’s paintings), yet somehow I ended up following precisely that path as I read a new book by Ross King on Claude Monet’s famous Water Lilies. In Mad Enchantment: Claude Monet and the Painting of the Water Lilies, King examines ...

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For whom do you create new products?

According to AcuPoll more than 95-percent of new products fail each year. This harrowing statistic should sound an alarm, one that says the way we approach the conceptualization and launch of new products does not work. Every year, billions of dollars shrivel down to zero. Careers and jobs lost. So much talent and energy gets wasted in the misdirected compulsion ...

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Insights from my Israel Start-up Immersion

I recently had the opportunity to sit down and retreat, reflect, immerse myself in and percolate the generative learning’s from my 6-year misadventure in Israeli start-up land. When I managed to identify, summarize and edit the 5 key learning’s I was surprised at how profound they were and how essential they are, as foundations, to ultimate 21st-century business enterprise innovation and leadership success.

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Innovation Failure Lessons from Virgin, Pfizer, Rock n Roll

I was called up by Sir Richard Branson's first hire at Virgin Atlantic and recommended to contact a company called F*** Up Nights. Virgin's David Tait had spoken at one of their events in NYC on Virgin's more glorious failures and he thought I may have a story to share. Failure can be a much more powerful learning tool in business than success if we are willing to learn from it.

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10 Great Ideas That Were Originally Rejected

History has shown us that a lot of wise people haven’t been able to recognize the potential of a great idea. “This ‘telephone’ has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us.” Western Union internal memo dated 1876. “I do not believe the introduction of motor-cars will ever ...

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