No one wants to face failure at the end of working on a time-consuming project. However, Melissa Shaw of ITWorld.com reminds us that failure happens, and when it does it doesn’t have to be a completely negative thing. In fact, sometimes it’s the risks involved in a project that offer the most opportunities.
Shaw says not to let your fear of failure scare you out of value-adding projects. She reminds us that a 40% of failure is also a 60% of success, and that 60% will often add significant revenue to the company. Also, just because something failed in the past, doesn’t mean you should fear failure in the future. IT will only survive if it is innovative, and you can’t be innovation if you are dwelling in the past. Plus, failure gives you the chance to learn from your mistakes. If there are holes in your strategy, it is better to fail fast than face worse consequences in the future.
Read the full article here: http://www.itworld.com/it-management/370659/not-so-hidden-benefits-it-failure