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McKinsey Talks Operations

When failure is an option: How to foster innovation and learning across your organization

Apr 30, 2024
Explore how capability center learning programs can allow organizations to experiment in a safe environment, learn from failures, and build new bonds in teams for better performance. Embrace failure as a path to innovation and learn how fostering curiosity and trust in teams can drive innovation. Discover the benefits of neutral innovation environments and strategies for making transformations stick within organizations.
20:33

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Quick takeaways

  • Embrace failure as an opportunity for learning and innovation to drive operational change.
  • Create risk-free environments for experimentation through capability centers to foster innovation and skill-building.

Deep dives

Embracing Failure for Innovation

Embracing failure and the fear of failure is crucial in driving innovation and operational change. Leaders need to shift their mindset from viewing failures as setbacks to opportunities for learning and innovation. By learning from failures and embracing new directions, organizations can navigate operational challenges more effectively and foster a culture of continuous improvement.

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