Why Failure is an Essential Component of a Strong Innovation Strategy
HYPE Innovation
JANUARY 1, 2017
What good could possibly come out of failure? Harrison Ford was a failure as an actor for years. Twelve publishers turned down J.K. Rowling's manuscript for Harry Potter. A recording company (no doubt an ancestor of those book publishers) turned down the first Beatles album. Viagra, penicillin, pacemakers, and the smallpox vaccine were all born out of failures.
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