Sunday, January 29, 2012

Failure is Good

Have you failed in the last 6 months? If not, are you sure you are setting yourself up for success?
Failure – a word that many of us would like to avoid in our lives; a word that causes negative feelings and affects our confidence; a word that raises many questions on our abilities and makes us lose trust/confidence amongst our colleagues. Yet, are these the right feelings? Are these the right outcomes of a failure? If they are, how did Steve Jobs, Bill Gates, Walt Disney, Dhirubhai Ambani, Mahatma Gandhi, Soichiro Honda, Akio Morita and many others become so successful? They had many failures. Infact, when we look at the history of any successful person, we find many failures. Without failure, there is no success. Yet, many of us abhor failure.
Before we go forward, let us look at two case studies:
Case study 1: Here is a man, who in his youth, went to war as a captain but returned as a private (lowest rank in the army); failed in business at the age of 21; defeated in a legislative race at 22; failed in business again at age 24; overcame the death of sweetheart at 26; had a nervous breakdown at age 27; lost congressional rage at 34; lost a senator race at age 45; failed in an effort to become vice president at 47; lost a senator race at 49 and was elected president of United States at age 52. His name is Abraham Lincoln and he is now remembered as one of the greatest leaders of America.
Case study 2: Another example of a man who at the age of 65 is termed as failure by everyone. He had in his possession a beat-up car and $100 check from social security. He realized he had to do something. He remembered his mother’s recipe and went out selling. He knocked on many doors but his recipe was rejected. He tried 1,009 times before his recipe was finally accepted and then turned out to be a huge success. His name is Harland David Sanders, also known as Colonel Sanders and we all know about the famous recipe of Kentucky Fried Chicken (KFC).
List continues with Henry Ford, Albert Einstein, Issac Newton, Charles Darwin, Winston Churchill, Oprah Winfrey, Charlie Chaplin, Harrison Ford, J.K. Rowling, Elvis Presley and many others.
When do we fail? Do we fail when we are doing what we know well, time and again? No. We do, only when we move out of our comfort zone and try something new. This in turn means we fail only when we are trying to learn or in other words, if we are not failing, we are not learning.  In such a fast changing world, if we do not continue our learning process, we become outdated very soon. Hence, we can easily summarize that if we are not failing, we are not learning; and if we are not learning, we are not setting ourselves up for success.
Yet, people fear failure. Why? That’s because while we all theoretically agree that failure is good and is a stepping stone for success, as a society, corporate we abhor failure. When was the last time we have seen someone who has taken risk and fail get rewarded or promoted? When was the last time such a person is shown as an ideal/model that others should follow? Instead, we look at it negatively and penalize such people. This behavior disincentives people from taking risks; and thus, opportunities to learn. Infact, outside of Silicon Valley, failure is not appreciated. Hence, is it surprising that a lot of innovation happens in Silicon Valley than other places?
I have two key messages to an individual and his/her manager:
To Individual:
1.       Don’t be scared of failure. It is the best teacher that you can find. Success, while exhilarating would not teach you as many things as failure. As a medical pill could be bitter yet provide better health to the person, failure is a bitter pill that sets us up for success. Failure also teaches up about relationships – who are wearing a façade by the way they treat us and who are the real people who are willing to stand by us and have confidence in us even during failure. The second set of relationships is the one we need to nurture.
2.       Move out of your comfort zone. Look back in your past and reflect on any major success/achievement of yours. Now, go back to the night before the success/achievement. What were you feeling? Most of us would have been feeling anxious, even restless with butterflies in our stomach. This clearly shows that success can be achieved only when we move out of our comfort zone, when we take risks. Hence, go ahead and take risks. Embrace failure and you will set yourself up for success
To Manager: Encourage risk taking. If people fail in the process, incentivize them. Celebrate their failures as this will further encourage risk taking and thus enable innovation in the organization.
The day we celebrate success and failures in equal terms, we will promote learning & innovation across the organization. I am not saying that we should promote a person who has capability issues and fails continuously in their job. However, we should not see such a failure in the same light as a failure resulting from risk taking and expanding the horizons of an individual. In a future blog, I’ll discuss examples of organizations which incentivize both success and failure.
In the words of Michael Jordan, famous basketball player who incidentally was cut from his high school basketball team – “I have missed more than 9,000 shots in my career. I have lost almost 300 games. On 26 occasions, I have been entrusted to take the game winning shot and I missed. I have failed over and over and over again in my life. And that is why I succeeded”. This shows that failure is good. Are you ready to Fail? Happy Failing!!

4 comments:

  1. Failure is Good - Really Nice and Encourgaing Thought. As you said, Personally it is difficult to implement and not impossible.

    The blog is great start, Your thoughts, case studies and examples have been very good... Thank you and Congratulations.

    I would like to read your thoughts & ideas on Setting Realistic Goals and Feedback Mechanism.

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  2. Thanks Edward. Appreciate your comment. Will definitely add Goals and Feedback mechanism to my list of topics to write on. Thanks once again for reading my blog and caring to comment.

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  3. The fact is even if we know failure is part of the learning, we don't really embrace it. It's like the common observation in the food industry that consumers "talk thin and eat fat." So what are the reasons?

    I think they are primarily three

    -How failure is understood
    -A reputation to save
    -Cost of failure

    The first point is emphasised more in discussions, blogs, articles, books accross the world in recent times. That should definitely help bust the myth around the perception.

    The second point is related to professional progression. As we move up in our career, we are more afraid of failures. Unfortunately the impact is worse. As we refrain from taking risks to save our reputation, it becomes a demon in our mind and the phobia of failure increasingly retards our capability as well as confidence to be succesful. So success breeds failure.
    Virat Kohli gave us a glimpse of what was possible on this tour of Australia. He refused to be overawed by the Aussies on difficult, alien pitches. He improved with every game and played the ball on merit, attacking whenever he could but also learning to leave the away-going ball outside off-stump. He wasn’t poking and prodding about with a milestone in mind or a reputation to save.

    The third point is more about managing failure or risks. Most of the times we abhor failures with the assumption that cost of failure is more than the learning that one gets from the same. So one of the ways to manage this more effectively is to fail fast, fail cheap, and adapt or learn fast. Tom Peters advocates strongly the learning part. Your idea, concept,initiative or business proposition doesn't have to be fleshed out 100%, or launched worldwide, for you to learn quickly. In fact, it makes sense to break your investments(effort, time, and resource) down into increments so that you can validate — or learn what isn't working — quickly. The point isn't to fail fast; the point is to learn something useful and move on. Thats why certain groups in business have started practicing the concept of 'Blue Ocean Strategy' in a scaled down manner prefering a pool, puddle or a lake instead of a ocean.

    While we are discussing this, I think its also important to state that failure is not our goal. Failure is simply a byproduct — it's not the desired end-product. Even the most zealous innovator doesn't set out to fail.

    What can a specific failure teach us more on the principles(generally is there a learning that is more applicable to even other scenarios)? Is there an underlying concept that is still valuable even if this specific inititiave didn't succeed?

    If we're not asking these kinds of questions, then we are failing at Failing.

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  4. Yes agreed. While failure teaches an individual willing to learn from his mistakes valuable lessons it also has an adverse affect on a person whose family, culture and other areas does not tolerate or give a benefit of doubt. This is true in every culture, country and continent around the world. We have extremely talented individuals among us who never got a second chance because one of us did not give them one.

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