CFO Series: Accomplishment Follows Failures-Experiment More!

Description

Every success is the result of numerous experiments that failed. Every scientific advance was preceded by failures. To be direct, failures lead to success. Every failure is temporary, merely an opportunity to improve. We will review why failures are feared. Successful organizations continuously experiment, e.g., QVC, so they can learn and stay ahead of the competition. Recall the maxim - if you keep doing what you have always done, then you always get what you always got. We will demonstrate the advantages of embracing experiments as a method to improve the organization and fuel growth.

Highlights

The major topics covered in this class include:

• Why failures are required for success
• Why are failures so feared?
• What are some of the more common reasons for failures?
• Why do poor leaders believe that failure is bad?
• What does "fire bullets then cannonballs" mean?
• How you and your organization should embrace experiments

Objectives

After attending this course, you will be able to...

• Understand the immense value of experiments that may not initially be successful
• Learn from successful organizations that have embraced experimentation

Designed For

Corporate Financial Leaders, Corporate Financial Managers, CEOs, CFOs, Controllers, Accountants, Board members, advisors, consultants and CPAs in public. Business owners, entrepreneurs and professionals who are interested in learning how to improve performance within the organization.