One of the things about failure is that it’s asymmetrical with respect to time. When you look back and see failure, you say, ‘It made me what I am!’ But looking forward, you think, ‘I don’t know what is going to happen and I don’t want to fail.’ The difficulty is that when you’re running an experiment, it’s forward looking. We have to try extra … [ Read more ]
Content: Quotation | Author: Ed Catmull | Source: McKinsey Quarterly | Subjects: Leadership, Management, Organizational Behavior, Personality / Behavior, Success / Failure
You don’t want to be at a company where there is more candor in the hallways than in the rooms where fundamental ideas or policy are being hashed out. Seek out people who are willing to level with you, and […] hold them close.
Content: Quotation | Author: Ed Catmull | Source: ChangeThis | Subjects: Communication, Culture, Organizational Behavior
We as executives have to resist our natural tendency to avoid or minimize risks. This instinct leads executives to choose to copy successes rather than try to create something brand-new… If you want to be original, you have to accept the uncertainty, even when it’s uncomfortable, and have the capability to recover when your organization takes a big risk and fails.
Content: Quotation | Author: Ed Catmull | Source: Outlook Journal (Accenture) | Subjects: Innovation, Organizational Behavior, Risk Management