Could Your Innovation Failure Be Innovation Progress?
Is innovation failure a contradiction? Innovation leaders and analysts say no. Venture Capitalist and Forbes writer Henry Doss observes that “…failure is a feature of highly innovative organizations….[T]here is a strong correlation between failure and innovation.” According to Doss, in a culture which is open to risk and experimentation, “[t]he paradigm is not one of failure, but one of frequency of trial.”
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