Is requiring failure the key to success?

Is requiring failure the key to success?

http://carriejacksonstudios.com/2.0/portfolio/paintings/surreal/the-key-to-success/#.UjdMv8ako2s

Last week Jason Seiken wrote a post for the HBR Blog Network on the necessity of failure for success.  The post, How I Got My Team To Fail More, described his efforts at PBS to create an entrepreneurial culture by requiring members of the digital team to fail.  Seiken wrote:

“Soon after arriving at PBS, I called the digital team into a conference room and announced we were ripping up everyone’s annual performance goals and adding a new metric.

Failure.

With a twist: ‘If you don’t fail enough times during the coming year,’ I told every staffer, ‘you’ll be downgraded.’

Because if you’re not failing enough, you’re playing it safe.

The idea was to deliver a clear message: Move fast. Iterate fast. Be entrepreneurial. Don’t be afraid that if you stretch and sprint you might break things. Executive leadership has your back.”

It has been five years since Seiken first introduced the failure metric to PBS.  During that period unique visitors to PBS.org have doubled, and in each of the first seven months of 2013 PBS.org has been the most-visited network TV site (beating out ABC, CBS, NBC, and Fox).  Additionally, video views on PBS.org and PBS.org’s mobile platforms have risen 11,200 percent.

Was requiring failure the key to success?  Not all those who read the post believed that requiring failure was the secret to success.  Rather, many readers suggested that the creation of a culture of innovation, one supported by executive leadership, which was the inflection point for success.

The idea that innovation in business or an entrepreneurial culture is brought about by leadership is one put forth by many including Robert J. Herbold.  In his book What’s Holding You Back: 10 Bold Steps that Define Gutsy Leaders, Herbold submits that it is the responsibility of a leader to establish a culture of innovation.  That is, a leader must communicate a goal of innovation to his/her employees; encourage employees to aspire to innovation; reward innovation; and instill a sense of urgency.

I see innovation and entrepreneurism as the goal and not failure.  For this reason I believe the focus should not be on failure, but instead should be establishing a culture which supports innovation. Yes risk-taking and failure are likely components of innovation, but they are just that – components.  “Requiring failure” may be sexy, but I believe supporting innovation is more likely to be the game changer.

What do you think?  Is failure a requirement for success?  Should leadership focus on encouraging failure?

Aftermarket services come of age

I think it is safe to say that with Avnet’s latest announcement regarding their introduction of Avnet Integrated Resources , that the aftermarket logistics business just got a little more crowded,  a little more consolidated, and a lot more recognized.

The terms aftermarket services, integrated logistics, and product lifecycle managementare by no means new. They encompass the services commonly referred to as technical support, field support, service parts logistics, electronics repair, asset recovery, data destruction, and e-cycling. The “new” piece is what was once a fragmented industry of focused organizations servicing their niche in the aftermarket space is now regarded as a big business opportunity for companies like Avnet. And let’s not forget about Arrow Inc.’s interest in this “niche”. Almost two years ago, Arrow got into the aftermarket services space with their strategic acquisition of Converge and later branded the service offering ReSolve by Arrow.

What does all of this mean? For the marketplace, it means the recognition that profitability is not only about bringing a product forward; it’s about managing every phase of the product lifecycle from design to de-manufacture. For industry participants, it means that everyone needs to step up their game in terms of service strategy, competency and breadth as the “big-boys” have entered the game. And for customers, it means a qualified one-stop-shop for all of their life-cycle needs. Aftermarket services has come of age.