Embracing Failure
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{Excerpt} Infinite complexity, endless possibilities, and resulting constant change characterize the 21st century. More intimately and faster than ever before, the realms of environment, economy, society, polity, and technology coevolve in adaptive systems. The times demand the ability to take risks, embrace failure, and move on. Developing a culture of intelligent experimentation and failure analysis is no longer an option. Individuals, groups, and organizations must create, innovate, and reflect to generate the radical solutions they need to tackle challenges in markets, industries, organizations, geographies, intellectual disciplines, and generations. To accomplish this, they must learn to learn and learn to unlearn before, during, and after.
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2010-02-01
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Asian Development Bank; ADB; poverty; economic growth; sustainability; development
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Required Publisher Statement: This article was first published by the Asian Development Bank (www.adb.org).
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