Darren Mead explores the concept of failing intelligently. Here he explains what it involves and how businesses and leaders can facilitate it...
According to research by the Standish Group, in a study of 50,000 business projects, 71% failed to meet key criteria for success. This figure rose to 94% in relation to large projects! That's a lot of failure going on and our natural reaction is probably to wince a bit on hearing that statistic. But is failure necessarily a bad thing? Or is it just an inevitable part of business growth and transformation? In his book, Failing Forward leadership author and coach, John C Maxwell, believes the latter. He considers that whilst most of us do our best to avoid failure, entrepreneurs on the ...
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