Fail Fast: How to Inspire Innovation
June 1, 2009 by Howard Adam Levy
Filed under Best Practices
How do you foster innovation in your organization? Well, most organizations are more worried about making mistakes than the potential upside benefit. So the key in managing your mistakes. Rita McGrath, Professor, Columbia Business School gives this advice: Recognize that you can’t measure the rate of failure, but you can manage the cost, so manage [...]
