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Embrace risk and experiment to fuel continuous improvement from "summary" of Built to Last by Jim Collins,Jerry I. Porras
To thrive in a competitive landscape, organizations must cultivate a culture that encourages taking calculated risks and pursuing innovative experiments. Embracing uncertainty and the potential for failure becomes a cornerstone of ongoing enhancement and adaptability. When leaders promote an environment where experimentation is not only accepted but celebrated, employees feel empowered to explore new ideas, challenge the status quo, and contribute to the organization's evolution. Risk-taking should be approached with a strategic mindset. Organizations successful in this endeavor do not leap blindly; rather, they assess potential outcomes and align experiments with their core values and long-term vision. This careful calibration ensures that while the pursuit of new initiatives may involve setbacks, each setback is viewed as a valuable learning opportunity rather than a definitive end. Engagement in continuous experimentation reflects a commitment t...
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