Why successful companies need to be good at failure

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Episode
105 of 175
Duration
17min
Language
English
Format
Category
Economy & Business

Amy Edmondson is a professor of leadership and management at Harvard Business School and one of the world’s most influential management thinkers. She talks to host Isabel Berwick about her new book, Right Kind of Wrong, in which she argues that companies can only hope to succeed when they make it ‘psychologically safe’ for their teams to fail. Plus, Brooke Masters, the FT’s US financial editor, tells Isabel about the time, early on in her career, when she made a mistake. What did she learn from the experience and how does Amy’s thesis play out across the US corporate world?

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Want more? Free links:

The art of making good mistakes

FT 2023 business book of the year shortlist

Why bosses must take time to learn from failure

Psychological failure: the art of encouraging teams to be open

Presented by Isabel Berwick, produced by Mischa Frankl-Duval, mixed by Simon Panayi. The executive producer is Manuela Saragosa. Cheryl Brumley is the FT’s head of audio.

Read a transcript of this episode on FT.com

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