Tag Archives: Best Competitive Advantage

Five Ways To Make Failure Your Best Competitive Advantage

A few weeks ago I wrote about Why Failure Is The Best Competitive Advantage. We have long been taught to avoid and run from failure but a big part of the future of work is embracing failure because ultimately this is what leads to innovation. The benefits of doing so: increases innovation, improves engagement, removes inefficiencies, and provides valuable learning opportunities. In part one of this post I talked about the “why” and today I want to talk about the “how.” That is, how can organizations go about making failure a powerful competitive advantage. There are a few things companies can do.

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