As an avid reader of Peter Drucker, I have often noticed that he naturally uses examples of both success and failure to highlight various points. The ultimate goal is to identify what works, and there are lessons to be learned in both. As opposite as they may seem, success and failure are just different types of the same thing – experience (the best teacher).
Yet, how many of us make a habit of studying failure? During 2009, I embarked on a study of executive and organizational failure by tackling a number of books on the subject. I have captured some of what I learned in a recently published article entitled, “Failure, a Great Teacher.” I invite you to read it and welcome your feedback.