Innovation Failure: We all need f*ck-up nights

wazoku News

‘Tis a lesson you should heed:
Try, try, try again.
If at first you don’t succeed,
Try, try, try againWilliam Edward Hickson

This age-old adage is the precursor to the well-oiled term in innovation circles; ‘failure and innovation go hand in hand’. I promise, this is not another innovation article about how we all need to embrace failure in order to innovate better and more successfully. A lot has already been written on the role of failure within the innovation process, and there ought to be no doubt or contention that failure is an integral part of a healthy innovation culture. I want to explore this topic from a different angle. To kick this off I will draw on another proverb, ‘a problem shared is a problem halved’ and explore the topic of failure, by looking at how we communicate and discuss failure in a true and meaningful way.

In early October 2017, I spoke at an INSEAD business school entrepreneurship and innovation event in Madrid. It was an interesting few days, held in the Accenture Digital Hub in Madrid. This thought piece isn’t a write up of my session however, but is inspired by another session that I attended whilst at the conference. The session was entitled “Failure, Ego, Health & Startup.” The topic piqued my interest, the session itself really made me think and the thoughts and observations emerging from the discussion serve as the foundation for this piece.

To set the scene for the discussion, are you familiar with the concept of f*ck-up nights? I will assume you have all clicked the link (who wouldn’t with a name like that?!), so hope you make it back for the rest of this article…..welcome back! In case you didn’t venture off into the world of f*ck-ups, here is what it is all about; f*ck-up nights is a global movement and event series that shares stories of professional failure. Each month, in events across the globe, we get three to four people to get up in front of a room full of strangers to share their own professional f*ck-up. The stories of the business that crashes and burns, the partnership deal that goes sour, the product that has to be recalled, we tell them all.’

Read the full article at The Future Shapers