DiscoverHBR IdeaCastThe Tipping Point Between Failure and Success
The Tipping Point Between Failure and Success

The Tipping Point Between Failure and Success

Update: 2019-12-1024
Share

Description

Dashun Wang, associate professor at Kellogg School of Management, crunched big datasets of entrepreneurs, scientists, and even terrorist organizations to better understand the fine line between failure and success. One surprising finding is that people who experience early failures often become more accomplished than counterparts who achieve early successes. Another insight is that the pace of failure is an indicator of the tipping point between stagnation and eventual success. Wang is a coauthor of the study in the journal Nature: “Quantifying the dynamics of failure across science, startups and security.”
Comments (1)

Surya Prakash

An excellent succinct quantitatively supporting research to follow the slogan of "Failing Fast". The Tipping point of success region and stagnation region. Demystifying that not all failures lead to successes and that what we need to do after we encounter each failure. And that the difference between failure and success is not "black and white" but a very thin line.

Dec 20th
Reply
loading
00:00
00:00
1.0x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

The Tipping Point Between Failure and Success

The Tipping Point Between Failure and Success