- Leandro Herrero - https://leandroherrero.com -

Winning by failures and mistakes

The person who fails the most wins

Seth Godin dixit.

Investors who make less mistakes win

Warren Buffet and Charles Munger dixit

We win the race by making less mistakes than the other boats

Head coach of boat racing dixit

Wait a minute, is there a pattern here?

I did not have Seth, Warren, Charles and Chris in the same room. What’s going on? Are we glorifying failing and making mistakes?

No. We are upgrading our mind to understand experimentation, trial an error, on spot learning, rapid reaction, strategic thinking (the real one) and … wining!

Oh, I forgot, what the three approaches have also in common is, they all are very humble. Big egos will have a hard time here.

Strategic thinking is less grandiose than you think: it has to do with handling failure and mistakes.

One of my 30 Disruptive Ideas in the book [1] and Accelerator [2] is to install a live Hall of Fame of Mistakes, where all of them can be ventilated in the open. The visible board becomes the less threatening panel on the walls of the company. Once people are used to it, permission to learn fast grows fast. Trust grows fast.

‘The Learning Organization’ is today a less fashionable term, but if there is one, is the one that embraces Seth, Warren, Charles and the Chris of this world. They all succeed by mastering mistakes and failures

Said many times? Paying lip services? Not walking the talk? The dysfunctionality is in our leadership, our organizations, not in the human learning itself.