The Little Book of Big Management Wisdom

CONCLUSION

Bubbling just outside the Top Ten at number eleven is Alan Kay on the value of failure.

In Section 2, I selected Henry Ford’s quotation on the need for self-confidence as my Top Ten entry. I choose Ford’s quotation as, without self-confidence, or at least the appearance of self-confidence, it’s very difficult to manage or lead people.

It is, perhaps, this fragile self-confidence that makes so many people wary of failure. They fear that even one failure could destroy them for life. So they never take a risk or bet the bank on a great idea. This is unfortunate because we know that most successful entrepreneurs/leaders clocked up one or two failures on their CVs before they succeeded. They have used these failures as valuable learning ...