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Successful and innovative companies learn from their mistakes. By appointing a Chief failure Officer a company sends a strong message to its employees that mistakes and failure are part of learning and embracing this aspect of human endeavor and routinely sharing the failure stories will foster courageous new thinking and activity.
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CfOChief failure Officer
owning and savoring evry mistake
a failure plan
After Action Reports
Learning
Innovation
"I have not failed. I've just found
10,000 ways that won't work."
Thomas Edison
a failure plan
for innovation to happen, failure is not an option… it's a requirement
to be successful is to learn from our mistakes
to be a successful organization, failures of a significant scale must be shared, studied and discussed via after action reports
for success
We learn best from stories
so, we need storytellersRemember
Context
Meaning
Sharing
“Some of the worst mistakes of my life were haircuts” Jim Morrison
We learn quickly through our mistakes
Pain = Growth
Sharing = Power
Lessons learned = Leverage
“Good judgment comes from experience, and experience comes from bad judgment.”Rita Mae Brown, Alma Mater
Success is built on failure
Courage to admit mistakes - it baselines our humanity.
Lessons shared are insurance. Turn failures into lessons.
"Success is 99% failure." Soichiro Honda
Make mistakes faster to speed the learning
needed to push innovation
Plan for success by capturing and sharing
failureStarts with Chief Executive leadership in appointing a Chief failure Officer
CfO responsibilities:share failure stories
model and train executive confessional behaviors and methods
support executive storytellers
After Action ReportsLearningInnovation