Do You Publicly Reward Failure?
Create a safe, open environment that gives employees the confidence to share ideas, failures, and the learning points in between. 3M holds formal meetings called “failure forums,” which gathers together staff who worked on unsuccessful projects to discuss barriers to success. When plastics company W.L. Gore & Associates kills a project, they host a celebration with beer or champagne, just as they would if the … [ Read more ]
Author: Lisa Bodell | Source: “Why You Didn’t Meet Your Innovation Goals in 2014” | Original Publication: strategy+business | Subject: Innovation