The essential binomial for business transformation

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“El liderazgo efectivo no se hereda, se construye con preparación y visión.”

The road to success is paved with failures and mistakes. However, these should not be perceived as insurmountable barriers, but rather as opportunities to redefine the course towards our goals. Learning to embrace error and turn it into a key tool is essential to transform failures into springboards to success.

The taboo of failure

Talking about failure is still a complicated topic. For many, it is associated with shame or guilt, making it difficult to address openly, even in business settings. Historically, success has been glorified as the only desirable scenario, leaving failure as a shameful “exception.” However, failure is an unavoidable stop on the path to creation and innovation. It offers key learnings that, well managed, can strengthen both people and organizations.

Innovate without fear

The fear of failure can be paralyzing, especially when trying something new. When an entrepreneur launches a business or product, two emotions are usually present: enthusiasm for the potential of the idea and fear of the possibility of failure. However, innovation requires courage. Fear should not block experimentation or opportunities to find novel solutions to client problems.

“Failure is the opportunity to start again, with more intelligence.” Henry Ford

Successful entrepreneurs like Jeff Bezos, founder of Amazon, consider mistakes as a natural part of business audacity. Bezos maintains that a few great successes can compensate for dozens of failed attempts. This philosophy highlights how a positive approach to failure allows you to transform setbacks into learning and growth.

“Failure is not the end, it is one more step towards learning and excellence.”

Create a culture that values ​​error

Accepting failure in an organization does not mean rewarding mediocrity, but rather fostering a culture of continuous learning. Companies like Toyota have implemented systems like Andon, where employees can stop production in the event of a defect and resume it after fixing it within a minute. These practices not only validate error as part of the process, but also promote teamwork and collaborative analysis.

On the other hand, continuing to blame and punish those responsible for errors creates an environment of fear that inhibits innovation. Instead of looking for blame, it is crucial to understand what caused the error and how to prevent it in the future.

Reconfigure our perception of failure

From a young age we learned to associate mistakes with punishments. In business, this creates a reactive mindset that makes continuous improvement difficult. Failure should not be seen as a defeat, but as a natural stage of learning. By accepting that setbacks are inevitable in any innovative project, organizations can address them with creativity and intelligence.

Recognizing that failure is part of the process also helps reduce its emotional and financial impact, transforming it into learning stations towards success.

Reduce the costs of error

Waiting for perfection before launching a product can be costly and unrealistic. Today, the best ideas are developed in real time, interacting with clients and adjusting course according to their needs. This approach is the essence of the Lean Start-up methodology, which promotes experimenting fast, failing early, and learning constantly.

The pillars of the Lean Start-up:

Minimum viable product (MVP): Create a product with the essential features to launch it on the market and obtain feedback. This process allows it to be adjusted according to the client’s real needs.

Iterative design: Continually improve the product by making small changes based on user feedback, rather than making drastic modifications.

These strategies allow us to reduce the risks and costs associated with failure, while building learning based on real experiences.

Do you prefer to stay in your comfort zone for fear of failure while the world moves forward without you? Learning to fail correctly is one of the most powerful tools for any entrepreneur or businessman. Shortening the learning curve, analyzing mistakes, and adopting a continuous improvement mindset will allow you to achieve success faster and more resiliently.

“Success is learning to go from failure to failure without despair.” Winston Churchill

Contact:

Twitter: @mariorizofiscal

The opinions expressed are solely the responsibility of their authors and are completely independent of the position and editorial line of Forbes Mexico.

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