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Failure Tolerance To be innovative requires a failure tolerance. The fact is most new products or ideas will likely fail. Historically, 1 in 7 new products succeed. With good companies, 50% of new products will succeed. Tolerating failure encourages the risk taking needed for innovation to occur. And to tolerate failure requires a leadership style from you and others that is collaborative, empathetic, communicative, learning oriented, and supportive. How else can you be an innovator? Read the article relating to Business Innovation. |
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Quote of the day In the past a leader was a boss. Today's leaders must be partners with their people⦠they no longer can lead solely based on positional power. |
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| Software Development Software envisions computer users interacting as naturally as communicating with people. Presented here is a brief summary from some of the best thinkers and businesses for you to examine, along with some high level information. Read the article |
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