Harvard Business Publishing

Failure is essential...

Repeated failure is incompetence!

A very wise and instructive article. A must reading for anyone who truly desires to succeed by learning from his mistakes and failures. One has to be able to take a punch from life, which unfortunately is not a Christmas cake, that is only to be enjoyed.However it is easy to fall into the "Trap' of our modern times -Those who truly can-are not willing and the ones that are useless are dying to give it a try. Among the ones running for the Presidency, it is a bit difficult to spot the winning "Failure", who clearly hears the bells of victory and will be able to pull out the nation from the deadly swamp, so skillfully created by the greed, kleptomania, arrogance and lack of long perspective vision of yesterday's "Great Winners",who were claiming miracles-never to be born and worn,like baby shoes.

This is one of the best article.
Learning to differenciate success and failure is most critical.
Successfull people knows it...all....

Here's another distinction we could make: First failure vs life as a Serial Failure'ers (we can't really call people like Edison failures!).

The first failure is a terrifying experience and two things seem to happen that probably reflect the Google idea of a "bad failure";

1. We don't want to accept that we're failing and fight well past the point of no return.

2. Every day spent fighting inevitable failure is a day wasted digging the hole deeper making recovery that much more challenging.

The serial failurer'er understands that all problems in life are transparent, there is another side of failure, it's called After!

Which candidate will dig the deeper hole before they recognise that they are headed in the wrong direction and change tack?

It is one of the best articles. I do have realized the importance of failure in my exposure to success. I always feel the person who fails will always get one more chance to deep-dive into that particular issue and discover something new. It's really a fantastic experience.
Manjula

I'LL RATHER FAIL A THOUSAND TIMES THAN DO NOTHING ATLEAST I TRIED.

I couldn't agree more that failure in tremendously valuable. In fact, as I described it in a recent blog entry of my own, "failure is not only acceptable but, in many ways, desirable for it rewards us with lessons that could not otherwise be learned."

Well stated and thanks for reminding us not to discount but to revere failures, despite the counter-intuitive nature of doing so.

If desired, my piece can be read here:

http://ninasimosko.com/blog/2008/09/25/ill-have-the-gain-please-hold-the-pain/

I surely recommend this article for the Management strugglers, who didn't get their pace on their jobs and find it hard to get out of their issues. However, its also to be reflected within oneself that failures shouldn't be repeated.

nice article, enough to make you able to live a real life in a true sense.

A very interesting article. It introduces a unique approach towards failure. After reading it, you will reconsider your way of thinking. We should not put so much efforts in hiding our failures anymore, on the contrary, it should be another way of learning and development. Success is as much important as failure and it makes us what we are. The “Value of Failure” brings so much wisdom to the reader - very thoughtful indeed.

This is a very important article!

Everyone who dos sometihing makes mistakes.

To fail fast is important. More crucial is to recognise your errors quickly and to lern from the mistakes as soon as possible. The most essential question is: What and how fast we learn from our faults?

Reino Toikka

I thought that this article was right on point. Some many of us never try because not only are we afraid to fail, but we know that in order to succeed we must fail. So many people would rather stay content and deal with their current situation.