Tag Archives: Alfred Russel Wallace

Innovation Lessons of Failure and Credit

Perhaps two of the greatest challenges faced by corporate innovators are failure and credit. The linkage between these two concepts is more profound than the oft-quoted proverb “success has many fathers, failure is an orphan.” Recurring failure leading to a stunning breakthrough is the stuff of legend in the innovation world, ranging from Edison’s numerous ineffective early light bulb designs that preceded his incandescent immortality to Steve Jobs’ well-publicized failures at NeXT computing prior to his triumphant return to Apple.

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