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 Innovation Processes.

Quote of the day

We want to get new products out there and have new ways to buy them. I think if we manage the top line, the bottom line will follow.
Steve Jobs (entrepreneur).




Imagine career success and a balanced lifestyle. This blog is dedicated to the people in a business-related field who are willing to make an investment of their time and minds to on-going personal and career development. How?

1) Start here to find weekly postings to stay informed of the most significant business news with a brief analysis.

2) Learn additional how-to skills complementary to what is taught in business school, experienced on the job, or received in job training. Written by practicing business professionals to support your life-long learning.

3) Get connected with some of the best potential employers and share critical information with each other that gives you an edge in a career search.

4) Learn from the best business leaders by reviewing summaries of their management experiences and lessons.

5) Think in terms of the big picture and imagine the macro technology innovations, management and economic trends.

6) Find a few business opportunities to gain experience to improve your skills for the first or next job.
Innovation Processes
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Innovation Processes
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Innovation Processes
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Business Leadership and Management Articles

The following articles (and a blog) provide practical information and advice. Read at your leisure, ask questions, make comments, or use them for business research.

Know What Prospective Employers Want in You
Be a Leader in the 21st Century
Care for Customers, Care for Employees
Be a Christian Business Leader
Be a Sales Expert
Understand the Economic System
Be Innovative
Plan Your Personal Finances
Dealing with Difficult People Tactfully
Create Positive Communications
Why Plan
Balance Life and Career
Adapt to Change in a Technology Age
More to follow. Read the article

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