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Till Grusche // Director of Marketing Europe // trendforum 2010 #FailForward

Failcamp @ trendforum 2010

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FailForward: Why successful innovators have to learn how to fail. This deck was used to facilitate an interactive "Fail Camp" on stage of 'trendforum' 2010 in Munich with innovation experts from IBM, Deutsche Telekom (and many more in the audience). The Fail Camp was set up to discuss how failing relates to innovation, to share experiences about failed innovation projects and the best practices companies can develop to learn from failure and succeed from learning.

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Page 1: Failcamp @ trendforum 2010

Till Grusche // Director of Marketing Europe // trendforum 2010

#FailForward

Page 2: Failcamp @ trendforum 2010

Best Cases

Page 3: Failcamp @ trendforum 2010

Changing User Demands

Technology Shifts Competitive Pressures

Best Cases

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Best Cases

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Failing

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Failure is an integral part of (disruptive) innovation

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Failures large and small are a reality

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Fail Camp

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Fail Camp

Peter Borchers

Deutsche Telekom

Thomas Wenzel-

Haberstock, IBM

Till Grusche

frog design

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Failure can drive success

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a failure is

a failure

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Fail fast, fail early, fail smart

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Failing forward requires a process

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“Design as a process”

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Rapid prototyping

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Rapid prototyping

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Rapid prototyping

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What does it take to successfully “fail forward”?

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1) Culture & Leadership

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Start-up

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Pure Digital

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Corporates

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Metrics & Leadership

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2) Structure

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“Innovation Lab”…?

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.

Not much to

gain/lose

Lots to

gain/lose

High risk of failure

Low risk of failure

Do you really want

to waste any time

on this?

Be selective.

You may be spending

too much of your

resources on these.

Firewall it from your vital

organs so you won‟t be

dominated by fear. Build

the possibility for mutation,

e.g. milestones that are

not „pass/fail‟ but rather

continue-straight / change-

direction / stop)

Yeah sure, like this

quadrant exists,

right?

Calculating

the stakes

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3) Character

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A question of education

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A question of education

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Entering work life…

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In medias res

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Ever tried.

Ever failed.

No matter.

Try Again.

Fail again.

Fail better.

Samuel Beckett