John R. Harbison and Peter Pekar Jr. Ph.D.

We all struggle with learning in life. Most of our learning is experience-based, and in most cases we accumulate it as individuals. As adolescents, we did not have much interest in learning from our elders. Now, as managers in corporations, many of us act similarly, continuing to insist on learning from our own mistakes. Practical executives justify this by asserting there is no substitute for learning by doing.

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