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Fear of Failure and Lack of Speed In a Large Corporation | Steve Blank

Fear of Failure and Lack of Speed In a Large Corporation | Steve Blank

I just spent a day working with Bob, the Chief Innovation Officer of a very smart large company I’ll call Acme Widgets.

Bob summarized Acme’s impediments to innovation. “At our company we have a culture that fears failure. A failed project is considered a negative to a corporate career. As a result, few people want to start a project that might not succeed. And worse, even if someone does manage to start something new…

Source: Fear of Failure and Lack of Speed In a Large Corporation | Steve Blank