Posts tagged ‘Failure’

 (This plog post is contributed by Lt Col (Retd) Rahul Kumar, Managing Director of Srijan Consulting, Bangalore. In this post, he analyses recent failure of the Common Admission Test (CAT) conducted by the premier B-schools of India, the Indian Institutes of Management (IIMs), and raises key questions on how one should have done adequate planning, thorough testing, backup planning and then some more! You can write to him at rk@srijanconsulting.com)

The Business Management Gurus had a PLAN – to go online for CAT. And do I hear that this was all that was required? PLANNING was ZERO!

 

Continue reading ‘What can we learn from CAT’s failures ?’ »

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Standish Group just came out with 2009 edition of their famous CHAOS Report: (text highlighting and underlining is mine)

“Boston, Massachusetts, April 23, 2009 – New Standish Group report shows more project failing and less successful projects.

The Standish Group’s just-released report, “CHAOS Summary 2009,” “This year’s results show a marked decrease in project success rates, with 32% of all projects succeeding which are delivered on time, on budget, with required features and functions” says Jim Johnson, chairman of The Standish Group, “44% were challenged which are late, over budget, and/or with less than the required features and functions and 24% failed which are cancelled prior to completion or delivered and never used.”

Continue reading ‘Why are more projects failing ?’ »

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In  my previous post When are you planning to fail ?, I argued that early failures were a far more effective learning tool than early successes. Those ‘gentle failures’ could help you avoid, or at least minimize the chances of ‘grand failures’.

My colleague from PMI NPDSIG, Kimberly Johnson, shared that post with some of her ex-colleagues (Thanks Kim !), including Art Fry, inventor of perhaps most-well-known office product, Post-It Notes.  Here is what he wrote back:

“Good article, Kim. In most product development programs you must consider dealing with failure, because only one in 3000 to 5000 raw ideas become a success. So the question is, How do you check out the failures as quickly and inexpensively as possible?

Continue reading ‘Art Fry shares views on Failure…’ »

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Yes, you read it right…when are you planning to fail ?

In the world where insatiable hunger for ‘success’ is an obsessive-complusive disorder (OCD), we don’t think of ‘failure’ much. It is shunned, scoffed at, systematically eliminated (or mitigated, at least), avoided, bypassed, ignored….everything but embraced with open mind and open arms. All management ideas are directed towards the age-old wisdom of “if you fail to plan, you plan to fail” and not on something like…”what won’t kill you only makes you stronger”. All project management philosophies are centred around safeguarding the projects from any possible failures…but has that stopped projects from grand failures? Every risk management action is towards making the project safe from failing…and yet we still see so many projects biting the dust, struggling for survival. Failure appears to be a social embarrassment that is best avoided at dinner table conversations. New-age enterpreunership, especially in Internet world, has helped a lot to eliminate the stigma that eventually comes with people associated with any well-known failure, but in everyday lives, we still continue to play safe, rather extremely safe. Of course, I am not talking about breaking the law and driving without seat-belts on or driving in the middle of the road jeopardizing everyone’s life. I am talking about thinking like Fosbury and challenging the established way a high jump is done – even at the risk of failing because what you are about to propose hasn’t been tested and certified to succeed. I am talking about taking those small daily gambles that strenghten you when they fail. I am not interested in those small daily gambles that are supposed to strenghten you if they succeed – honestly, they don’t teach you anything. In fact, those small successes might limit your ability to reach for higher skies because you remain contended by those sweet-smelling early successes. In my view, people who don’t want to risk gentle failures must prepare themselves for grand failure !

The word ‘fail’ is such a four-letter word that is evokes very strong emotional responses. In an achievement-oriented society and success-intoxicated corporate culture, fear of failure drives people to seek safer havens. When choosing what subjects to take in college, we ‘force’ our children to take the ‘safest’ subjects – they are the subjects that have maximum job potential ensure maximum longevity in job market. (I agree that ‘force’ is not the right word here, but it is not in its literal sense that I use this word here. The ‘force’ can come from parental expectations, societal pressure, peer pressure, ‘coolnees’ of a job, perks of the job, etc.). Traditionally, they have been Engineering and Medicine and anything else that ensured a government job (in India, and I am sure every country has had its own fixations at different times). So, the foundation to seek safety from failure gets laid right at the start of one’s career (well, in my view it is erected right after birth and we are still curing it by the time we start our careers, but that’s for another blog post). After graduating, there is once again a massive derisking operation: find some company that has a ‘big’ name (even if one is doing a fairly mechanical job there). Basically, trade any hopes or ambitions to do something new and creative in life with rock-solid jobb safety in a mundane assignment! As a rookie, you then become a link in this enormous chain where your job is dictated by the volumes of SOP (Standard Operating Procedures) that trade your urge to experiment / innovate with a higher ‘percieved’ safety of the given process. The logic being: this is the way we know it has been done before, and since it worked the last time, we expect it will always work and hence this is the standard procedure. Wow !

Continue reading ‘When are you planning to fail ?’ »

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