Turning business failure to success: “Lost” enterprises can trigger a learning revolution

Abstract

Purpose

This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting‐edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

That old proverb “nothing succeeds like success” sounds to modern ears uncomfortably like the platitude of a motivational speaker. Nevertheless, no one would dispute that success can breed further success, and all businesses can benefit from observing the practices of other organizations. However, failures can offer important lessons also.

Practical implications

Provides strategic insights and practical thinking that have influenced some of the world's leading organizations.

Originality/value

The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to digest format.

Citation

(2012), "Turning business failure to success: “Lost” enterprises can trigger a learning revolution", Development and Learning in Organizations, Vol. 26 No. 1, pp. 23-25. https://doi.org/10.1108/14777281211189164