Using Failure to Spur Innovation

Using Failure to Spur Innovation

While failure might feel like the end of the road, it’s actually just another step, and can teach important lessons. According to Western Governors University, failure can help spur innovation and creativity, by expanding capabilities and seeing beyond the original idea. One of the hardest parts of failing is getting back up, but reframing the situation analytically can help. Think about what happened and why, and don’t get stuck on blaming yourself. Failure can teach a new meaning for success, and can help take a deeper look into ideas.

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May the 4th Industrial Revolution be with You, Part 3: ‘Domo Arigato, Mr Roboto…’

Standard Bank in South Africa is set to close 104 of its branches resulting in 1,200 employees losing their jobs due to disruption from new digital banking alternatives.

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Innovation Is Not “Best Practice”

Innovation Is Not “Best Practice”

Innovation is losing its luster, as studies show that fewer CEOs feel innovation investments are valuable, and certain fields are not producing radical new innovations as expected. This is due to a reliance on best practices, but innovation requires breaking with history and embracing creative roots.

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Imagining the cities of the future McKinsey

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