When does failure fuel success and innovation?
The idea of failure might strike fear into the hearts of business leaders, yet the reality is that at some point we all fail. Whether it is a project that doesn’t quite work out, a promotion we miss out on or perhaps a deal that somehow seems to elude us, failure is an inevitable part of all our lives.
Yet for both leaders and organisations, the real opportunity lies not in avoiding failure but in ensuring that when failure does occur, it is managed intelligently, and that lessons – positive, negative and otherwise – are learned in order to support both success and innovation.
In this Breakfast Briefing, Open University Associate Lecturer, Laurence Knell, will take a practical look at the critical importance of failure for both success and innovation. Drawing on research Laurence has undertaken as part of the revised OU MBA Module – BB842: Sustainable Creative Management – the session will focus on how practices such as Intelligent Failure, Deliberate Practice and After-Action Reviews can unlock the benefits of failure. Members of the Chamber will learn how they can more effectively manage failure so that they, their teams and their organisations can be more successful and achieve greater levels of innovation.
Members of Cork Chamber attending the event will:
About the speaker
Based in Dublin, Laurence Knell is an Associate Lecturer on the Open University Business School’s MBA programme, teaching in the areas of creativity, innovation and management. He also works closely with the OU’s Executive Education team and Centre for Police Research and Learning.
Laurence has contributed to and co-authored published Open University course work, including the MBA text: Why creativity matters: Insights for individuals and organisations, published in October, 2018.