Last month consulting firm Accenture released a report (“Why Low-Risk Innovation Is Costly“) on the state of innovation at big companies from the U.S., U.K., and France. Their survey of 519 executives at large companies concluded that most were disappointed with the return on their innovation investment. Many of these companies cited that they were scaling back their disruptive innovation efforts and settling for more incremental innovation like product line extensions.
As a follow up to my post last year about how we need to “learn to tolerate failure… even in the medical profession” I wanted to share this TEDx presentation (Doctors make mistakes. Can we talk about that?) from Dr. Brian Goldman (@NightShiftMD). In it Dr. Goldman captures perfectly the flawed logic of how we all try to portray perfection in our work, especially those god like creates called doctors. In business our failures can cost money or even jobs but in medicine our failures can cost lives. And not just the life of patient who suffered from the original error but the lives of other patients based on the repetition of that same error because it is never shared and thus never learned from.
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