Build your professional network on facebook via our app Go to app
 
 
Posted in Community :

HR Professionals

 
Activity:  4 comments  51 views  last activity : 04 03 2011 14:41:27 +0000
 Refer 173
Share
 
 
 

When we fail, the first thing we intuitively ask is, “What went wrong?” When we succeed, the first thing that comes to mind is, “I was right, and I can do it again”.  

Francesca Gino andGary Pisano point to three barriers to learning — all of which are associated with success.

  1. Fundamental attribution errors:  When we succeed, we attribute it to our own skills and current strategy. Sometimes, however, we’re just plain lucky.
  2. Overconfidence bias. Once thing success does breed is self-confidence. Good stuff, that, but too much of it gives us overconfidence that our next effort will be jus as successful.
  3. Failure-to-ask-why syndrome. We tend to investigate why things go wrong, but not why they go right. “When executives and their teams suffer from this syndrome,” write  Gino and Pisano, “they don’t ask the tough questions that would help them expand their knowledge or alter their assumptions about how the world works.”

To remedy these tendencies, leaders need to think counter-intuitively. “Managers must actively test their theories, even when they seem to be working, and rigorously investigate the causes of both good and bad performance,” according to the researchers. “Ironically, casting a critical eye on your success can better prepare you to avoid failure. Some may consider this to be an art. But in fact it is much more of a science.”

 
4 comments on "Do you know SUCCESS breeds FAILURE? Find out how?"
  Commented by  NATTERAJA R. ARIKRISHNAN, AREA SALES MANGER, UNIFLEX CABLES LTD    | 04 03 2011 14:41:27 +0000
Thanks for sharing Mr.Virag Shah. Nice one by Mr.Muralidharan.
  Commented by  SHRIKANT MANOHAR DANKE, Consultant, Project Management Consultancy Firm    | 03 23 2011 06:01:45 +0000
Thanks for these useful & basic tips of success & failure.
& thanks for posting it on TOOSTEP, Muralidharan Sir. 
  Commented by  manish kumar, freelancer    | 03 21 2011 12:07:43 +0000
real one articles sir, thanks 
  Commented by  Virag Shah, Office coordinator, Prince pharma pvt. ltd.    | 03 21 2011 11:50:10 +0000
Thanks sir,it is really inspirational article however we all know about success and failure but still it is require to make strong mind, positiveness, motivation,confidence etc.  This type of inspirational article require because i observed in too step many our collegues need motivation, confidence......


So, give us motivation and inspiration to us. Thanks again..
Add your comment on "Do you know SUCCESS breeds FAILURE? Find out how?"

Rate:
Submit
Join Distance Education Courses Management
Join Distance Education Courses Management
Viewers also viewed
Business schools use the medium of case studies as a learning instrument. But, the case studies...
 
120 referals 5 comments, 45 views
Its necessary for success. vs Corruption is not necessary for success at all
 
768 referals 19 arguments, 878 views
According to a recent survey, about 75% of the population do not know what their true passion...
 
4106 referals 35 comments, 600 views
more...  
Recent Knowledge (107)
Self -Realization  Desire is the root of all knowledge, action and thinking. It is the cause of...
 
200 referals 41 comments, 672 views
I found this while I was checking a friends blog and accidently bumped in to this..  ...
 
2903 referals 32 comments, 754 views
OK, lets say that a crore pages are printed (physical digital) all over the world everyday....
 
288 referals 12 comments, 111 views
more...  
More From Author
Thanks Ms. Pooja for sharing Rajendra Singh Kunwar's 'Fariyaadi' poem. "My childhood"
Linux,of course, is the best OS for IT professionals,if they are well-versed in kernel settings, etc. For Users' perspective, Microsoft Windows is the user-friendly and most preferred OS.
Excellent write-up Mr. Rao. What you have not covered in this software implementation success, the role of the companies to select the right type of hardware vendors, software vendors and the third-party software development company. If they don't...
more...