Analyzing Failure: A Cornerstone for Growth, Innovation, and Change
3 Pages Posted: 3 Sep 2016 Last revised: 14 Oct 2016
Date Written: September 1, 2016
The topic of failure primarily carries a negative perception as it is the result of an unexpected outcome that may carry negative implications on performance or hopeful achievement. However, recent literature suggests that failure can be a catalyst to spark organizational learning, ideation, and innovation. The following paper discusses strategies for the analysis of failure to facilitate learning and propose a model to best examine failure in an effective and timely manner.
Keywords: Innovation, Failure, Strategy, Change
JEL Classification: M00, M1, M10, O30, O39, Q55
Suggested Citation: Suggested Citation