The Power and Importance of Failure in Business

Businesses — and their leaders — almost universally recognize the importance of learning from failure. But what are the right lessons to take away? And how can businesses learn them in a way that enables future success, rather than creating mere retrospective understanding? As failure becomes a badge of honor in the start-up world, how can other companies and organizations adopt a culture of failure that complements and enables traditional business models? In a world where not all failures are created equal, how will employees and leaders know when to fail, how to fail, and what to do when they fail?

Festival: 2015

Watch and Listen: Economy

Most of us probably harbor preconceived notions about refugees. Maybe it’s a misunderstanding about what drove them... See more
The Afternoon of Conversation is the Aspen Ideas Festival's signature event and hosts an audience of 2,000 in the... See more
This talk rethinks refugees as a potential economic benefit to the societies that host them, rather than simply passive... See more
In his remarkable book, The Third Wave, AOL founder and tech leader Steve Case describes how we are moving beyond the... See more
The promise of a better life now rings hollow to millions who find that hard work offers them no guarantee of making it... See more
Bob Chapman, the CEO of $3 billion global firm Barry-Wehmiller who was recently named the No. 3 CEO in the world in Inc... See more

Pages