We hear it so often that it has become cliché. Small companies are nimble and move quickly where as large companies can muster significant resources but are slow to respond to emerging threats and opportunities. In response to their admitted slow pace many big companies have focused their attention on acquisitions as a way to mitigate threats and infuse new growth opportunities into their business.
Last year I began writing an online column for Pollen titled Facing Failure as an effort to spark a discussion on the importance of failure in driving innovation in the non-profit, education, and government sectors. Most of us would prefer to avoid failure and the pain that it can cause but to truly create something new mistakes will need to be made along the way. In politics, a “failed” initiative can quickly sabotage a political career which is why most politicians are quick to dismiss or gloss over their shortcomings. But there are some politicians are trying to reframe the discussion with candor and transparency. I am excited to share my recent interview with one such politician, former Minneapolis Mayor R.T. Rybak.
Are we ready for a new twist on reality TV? What if we moved benign academic tussles to a new full-contact arena? We could call it the “Ph.D. Cage Match.” Not likely but I have to admit truthfully that it has been a little exciting watching this battle of words brewing between two Harvard academics. Jill Lepore (a staff writer for The New Yorker magazine and Harvard Professor of American History) and Clay Christensen (a Harvard Professor of Business Administration and the reigning godfather of the modern innovation movement) have been publicly duking it out over their disagreement on Christensen’s theory of “disruptive innovation.”
This morning there was a great article from MPR reporter Tom Robertson that touched on how the elimination of shop class in high schools is seen as a contributor to decline in skilled manufacturing candidate across the state. “Worker skills shortage starts in high school” parallels a book that I had read a few months back from Matthew Crawford titled Shop Class as Soul Craft. In his book Crawford asks us to examine the intent and outcomes of our fervent battle cry for all kids to go to college and to become part of the information economy rather than becoming makers, builders, and fixers.
How do we learn how to fail? I know this sounds like a ridiculous question, we don’t need to “know” how to fail because it just happens. We start with a plan or idea and it could be any plan really: to get an A on a paper, to get into a certain school, to ask someone out on a date, or to get that next promotion. We then set in motion actions that will get us closer to our plan: studying the class material, preparing an application, finding out a phone number (I have to admit my dating experience might be a “dated”), or delivering a key project for your boss. Eventually you will either succeed or fail in your plan: maybe you ace the test, you get your acceptance letter, she agrees to a first date, or you get that promotion? But maybe you don’t? And if not, then what happens next? What is your fallback plan, your contingency, or your pivot? How do you pick yourself up and move on?
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