Failures are a source of innovation
According to Professor Paul Iske, founder of the Institute for Brilliant Failures, companies should not gloss over mistakes but rather cherish them, because that is where innovation is born. The message he recently delivered at the Innovation & Experience event in Tilburg is dead-on: companies and organizations can learn a lot from their mistakes. Not only to prevent repetition, but also because failures drive innovation. 'Innovations result from new, unexpected patterns, and those often come to light in failures.'
Read more (in Dutch) in Supply Chain Magazine
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Professor Harry Hummels, Professor of Ethics, Organizations and Society, emphasizes the importance of dialogue about this with stakeholders. In one of his latest papers, People in Chains, he aims to start a movement from "people in economic chains" to "fellow people in value(s) chains.