The Power of Failure

Charles C. Manz is a professor at U Mass who focuses on the study of leadership. In 2002 Profesor Manz published a nice little book on The Power of Failure: 27 Ways to Turn Life's Setbacks Into Success - while the book is more of a motivational treatise and not an academic, research-based analysis of the subject, Manz emphasizes a lot of important and valuable lessons, as one would expect from a tenured U Mass prof.

Old world, old economy failure used to be all about not performing, falling short, being inept, forgetting, neglecting - "A bad, bad thing that should be avoided, mourned and punished."

How refreshing that failure in the new economy has come to mean something altogether different! Today failure is seen as "a stepping stone to success, an opportunity for learning and development, an opportunity for creative change and innovation."

Go forth and fail as in failure you will find the seedlings of your next successful venture!