December 2014
Beginner
352 pages
13h 51m
English

Management thinking
c.560 BCE Chinese philosopher Lao Tzu says that failure is the foundation of success and the means by which it is achieved.
1960s Soichiro Honda, founder of the Honda Motor Company, says that “success can only be achieved through repeated failure and introspection.”
1983 Apple Computer Inc. releases the Lisa computer. It is a commercial failure, but plays a vital role in the development of the Apple Mac.
1992 US management professor Sim Sitkin introduces the idea of “intelligent failure” in Learning Through Failure: The Strategy of Small Losses.
There are many stories of success built on failure: the US inventor ...
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