Kiran Pal's Tiny Notes

Thursday, July 15, 2004

Rewarding Failure!

One very successful company I have worked with has a large banner hung over the entranceway that boldly proclaims, "Reward Failure." This may seem strange at first, but when you understand the logic behind it, the simple wisdom is apparent.

If no one fails, then no one is trying anything new, innovative, or different. This happens because people are afraid they will be punished if their efforts are not successful, so they play it safe and do things the way they have always done them. Meanwhile, the competition eats their lunch. Encouraging risk taking may mean the death of one idea that didn't work, but the attitude and the determination to improve will insure the long term survival of the organization.
Rewarding failure!
-"The Wisdom of Wolves" by Twyman L. Towery, Ph.D.