{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Modern Manager","title":"38: How to Unleash New Ideas Through Failure with Jesse Fowl","html":"","width":"100%","height":180,"duration":1692,"description":"\"It's OK to fail.\" Really? Does anyone actually believe that? No matter how genuine your intent, innovation will never flourish while your team remains constrained by systems designed to enforce and reward traditional metrics of success. So how can you truly invest in new ideas and recognize \"failure\" as a vital part of the idea development cycle?\r\nThis week, I speak with Jesse Fowl, managing director and lead strategist at Solomon where he coaches clients to help them create a safe space for innovations while keeping fiscal responsibility front and center.\r\n \r\nJoin the Modern Manager community to get 2 templates Jesse uses to manage innovation and the learning cycle. Plus, access additional guest bonuses and other resources to support your learning journey when you join.\r\n \r\nSubscribe to my newsletter to get episodes, articles and mini-guides delivered to your inbox.\r\n \r\nRead the related blog article: How to Fail More (Effectively)\r\n \r\nKey Takeaways:\r\n\r\nFailure is both a “dirty word” and something we’ve started to embrace through methods like lean startup, agile and “fail fast, fail cheap”.\r\nInnovation typically looks like this: one person has an idea; they generate lots of buy in which takes a long time, slowing the cycle of innovation; but it spreads out the risk so if it fails, it wasn’t just one person’s bad idea - we all bought into it.\r\nTo create a culture in which innovation and creativity flourish, you need processes, tools, systems and a psychologically safe space which in combination foster innovation.\r\nHide failures and promote successes by turning failures in ‘frequency of learning.’ What are all the ideas to explore and how will we measure each? In this way, you are protected from failure because you’re focused on finding and promoting what works, knowing that some things won’t.\r\nDesign small learning experiments that have clear measures that will provide the essential information within a constrained time/budget. Without constraints,...","thumbnail_url":"https://img.transistorcdn.com/vh03-o0OUKG7JnFjtDqtJmV0y385f5sQOifebswPa_E/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzQzNjM5LzE2OTA1/Nzg4MDYtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}