Prof. Dr. Paul Louis Iske Maastricht University Chief Dialogues Officer ABN AMRO Founder Institute of Brilliant Failures

BRILLIANT FAILURES AND FEAR REDUCTION

 

Innovation

Innovation  is  the  process  in  which  value  

is  created  by  the  application  of  knowledge  

in  a  way  this    happen  before.  

 

Entrepreneurship

Entrepreneurship is an attitude that leads    to the identification and exploitation of previously unexploited opportunities

Attributes of entrepreneurship

 Passion      Risk-­‐taking    Outward-­‐looking    Flexibility    Stamina    Focus    Result-­‐oriented    Independence    Creativity    Rule-­‐breaking    Networking      Intelligence    Pragmatic  

Agile or trapped?

 

Ready for The future?

Creativity

Being multiparadigmatic: flexibly moving between, combining and integrating diverse ideas, perspectives, intelligences and paradigms

PO = Provocative Operation

Creativity Index

Knowledge is Everywhere!

 

Perspectives

Combinatoric Innovation

Combinatoric Innovation is the process of discovering new ways of value creation by combining and applying previously disconnected intellectual capital from two or more sources. Community of Serendipity

Mix of DNA

Complexity

 

 

Business Case

A business case is a set of phantasies that makes management decide what we want them to decide

Fear

Bankruptcy

How do we deal with bankruptcy? Do we allow people to try it again?

2nd Chance

Most often we work in a complex environment: We overlook side effects -term consequences The world can change

We can not always be in control!

out the way we expected

Pace of learning exceeds the rate of change:

L > C

Trial and error is sometimes the only way forward! Reflection is an important mechanism for learning. Use the Power of Serendipity!

Fast Learning

Ambition

It is better to aim too high and fail than to aim too low and succeed! (Sir Ken Robinson)

Criteria for Brilliant Failures

Have Best Intentions

Eliminate Avoidable Mistakes

Experience Failures

Achieve Learning

or Create Value Inspire Others

Brilliant Failures

 

 

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CONCLUSION

FAILURE IS AN OPTION! www.brilliantfailures.com