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Creating An Innovation Culture: Accepting Failure is Necessary

June 21, 2012 /

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Unless a CEO has his or her head in the sand, increasing one’s innovation capacity is a consistent theme in the fight against the globalized commoditization of products and services. Innovation has become the "flavor" of the year in business media and everyone has their view of how to make it happen more frequently in more companies.

Most of these prescriptions while well meaning are not founded in the science of how innovation occurs. Innovation is the result of iterative learning processes as well as environments that encourage experimentation, critical inquiry, critical debate, and accept failures as a necessary part of the process.

Edward D. Hess

Full Story: http://www.forbes.com/sites/darden/2012/06/20/creating-an-innovation-culture-accepting-failure-is-necessary/

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