Tuesday, February 26, 2013

Failure - The Stepping Stone to Success

During my childhood days, my parents and teachers taught me that 'Failure is the stepping stone to success'.  Now, after several years, Paul through his blog post has reminded me again to look and comment on failures.

There is nothing wrong in failing as long as you have the courage to come back and succeed.    You will be excited to read about the failure stories of Steve Jobs at Apple and how that helped him achieve the highest success possible.  Apple is now the most profitable company amongst the US corporations.

For a quality professional, life is a continuously improving journey - be it personal or professional. They preach and practice to learn from their own and others failures.  These lessons learned are incorporated back into the organizational processes to prevent failures and, in turn, assure quality.  The key is to ensure that the same failure is not repeated.  Many a times, failures remind us about the need for continuous improvement.

All those who succeeded would have taken risks in one form or the other.  Most times, rewards and risks are positively correlated - higher the risk, higher the reward!  It is seen that innovators take higher risks.  Steve Jobs, one of the best innovators the world has ever seen, said "Be curious, experiment and take risks".  He trusted his own judgment, perfectionism and gut to take the right decisions.

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