STARTUPS: In the public sector, manufacturing, healthcare and countless other industries, failure is simply not an option - or at least comes with either dire or damaging consequences. So why has "fail fast, fail often" crept into the startup lexicon as something that is acceptable or, indeed, worn as a badge of honour? Perhaps such somewhat defeatist attitudes should change. Read more on Medium.
I was recently on a panel discussing innovation, during which I made an unrehearsed comment about startups.
I can’t remember the exact words, but they were to the effect that people who say "it’s ok to fail" should spend a little more time shutting the hell up.
I went on to explain my reasoning - "celebrating failure" has somehow become an acceptable outcome for a tech startup, to the point that failing often seems to be afforded as much respect as succeeding.
"There’s a difference between saying failure is probable," I suggested, "and promoting it as acceptable."
Read more on Medium
NB:Failure image vis Shutterstock.