Cost of Failure vs. Rate of Failure
- Posted by Dan Toma
- On 21/03/2024
SUMMARY Deciding to focus on the cost of failure instead of the rate of failure will have many positive consequences in your company innovation system Tracking the cost of failure will encourage a mindset gravitating around (cost effective) experimenting and prototyping while, an emphasis on rate of failure will prompt leaders to do the impossible […]
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