In this video, learn how to contrast between good and bad failure.
- Earlier I'd mentioned that it's too bad … that failure always gets a bad rap. … It's too often stigmatized and it shouldn't be that way. … In reality, there are different types of failure. … Some good, some bad. … Let me propose three distinct types of failure. … Personal errors, external factors and striving effects. … Okay, the first is personal errors. … These are mistakes that happen … because of a lack of ability, poor focus, … or bad fit between the individual … or team and the requirements of the work. … This is really the type of issue … that gives failure a bad name. … Organizations reduce this classic, simple type of failure … by fine-tuning their talent management processes … including hiring, job analysis … and training and development programs … so that the right people are doing the right jobs. … Up next is a category I call contextual factors. … These refer to things outside of your control. … All projects face uncertainty. … All processes are imperfect and lead to wasted time, …
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Video: Good failure vs. bad failure