Tuesday, July 04, 2006

BW: How Failure Breeds Success

Professor Chris Trimble via Business Week about the importance of companies embracing their mistakes and learning from them by providing Intuit's case as an example:
Unlike Intuit, most companies don't spend enough time and resources looking backward, says Chris Trimble, a professor at the Tuck School of Business at Dartmouth College and co-author of 10 Rules for Strategic Innovators. That's a mistake. "How do you learn if you don't examine the past?" asks Trimble.

Source: Business Week by Jena McGregor July 3, 2006

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