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Documentation of Nursing Diagnosis

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Related Experiment Video

Updated: Jun 2, 2026

Simulation of a Scaled Assembly Process with Collaboration of a Robotic Arm and Monitoring through a Vision System for Quality Control
05:47

Simulation of a Scaled Assembly Process with Collaboration of a Robotic Arm and Monitoring through a Vision System for Quality Control

Published on: August 29, 2025

Failing by design.

Rita Gunther McGrath1

  • 1Columbia Business School, USA. rdm2o@columbia.edu

Harvard Business Review
|April 23, 2011
PubMed
Summary
This summary is machine-generated.

Organizations can leverage failures for growth by adopting an "intelligent failure" approach. This strategy involves learning quickly and cheaply from setbacks to achieve greater success over time.

Related Experiment Videos

Last Updated: Jun 2, 2026

Simulation of a Scaled Assembly Process with Collaboration of a Robotic Arm and Monitoring through a Vision System for Quality Control
05:47

Simulation of a Scaled Assembly Process with Collaboration of a Robotic Arm and Monitoring through a Vision System for Quality Control

Published on: August 29, 2025

Area of Science:

  • Business Strategy
  • Organizational Learning

Background:

  • Business leaders operate in highly uncertain environments, leading to frequent failures.
  • Many organizations struggle to learn effectively from failures, missing significant opportunities for growth.

Purpose of the Study:

  • To outline principles for fostering "intelligent failure" within organizations.
  • To demonstrate how managing failure can lead to significant long-term benefits and innovation.

Main Methods:

  • Defining clear success and failure criteria before project initiation.
  • Documenting, testing, and revising assumptions to convert them into organizational knowledge.
  • Implementing principles such as failing fast, failing cheaply, and limiting project uncertainties.

Main Results:

  • Intelligent failure allows organizations to explore options, identify ineffective strategies, attract resources, and develop leader intuition.
  • A culture that tolerates and celebrates failure encourages learning and adaptation.
  • Codifying and sharing lessons learned from failures accelerates organizational knowledge acquisition.

Conclusions:

  • Failure is inevitable, but strategic management through "intelligent failure" can be highly beneficial.
  • Adopting principles of intelligent failure enables organizations to transform small losses into substantial long-term gains.
  • Fostering a culture that embraces learning from failure is crucial for sustained success in uncertain business environments.