Christopher Lochhead Follow Your Different™ cover image

352 Big Bets and the Future of Leadership with John Rossman, Author of Big Bet Leadership

Christopher Lochhead Follow Your Different™

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Reframing Failure in Corporate Innovation

The term 'failure' can have dual meanings in the context of corporate innovation - it can signify either experimentation and learning outcomes or lack of execution and urgency. By avoiding the term 'failure' and instead focusing on the importance of experimenting, learning quickly, and maintaining a high sense of urgency and professionalism, corporate innovation teams can foster a culture of accountability and clear thinking. Emphasizing the need for test results, clear goals, and a high bar for skills and techniques can lead to a more productive and goal-oriented approach, ultimately helping teams understand the purpose and direction of their work.

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