Posts Tagged As Intuit

FailCon: Silicon Valley comes out of the closet… on failure.

There won’t be any floats or parades in San Francisco today but there will be a similarly strong debate on fear, emotion, and failure.  Today is the fourth annual FailCon conference being held in San Francisco, California.  The goal of the conference is to “Stop being afraid of failure and start embracing it” and it is targeted at Silicon Valley entrepreneurs, investors, developers and designers.  The thought is that by talking about our failures and learning from the failures of others we can move beyond our fear of failure toward our path to success.  Sound familiar?

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Want to feel better about your failure? Rebrand it as a pivot!

Back in 2009 Silicon Valley entrepreneur Eric Ries (@ericries) had coined the term “pivot” for the technique used by tech startups to change the strategic direction of their companies based on what they had learned (see his original post here).  The theory goes that by doing you are actually learning something along the way (see my previous post on learning from feedback loops in systems thinking) and that you might find the “something” that you had learned has a better chance of success than your original strategy.  The alternative is that at least it will enable you to extend your organization’s runway further out into the future in search of success.

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