unSILOed with Greg LaBlanc cover image

Science is Littered With Failure feat. Stuart Firestein

unSILOed with Greg LaBlanc

00:00

Is Failure a Catastrophe?

Companies should have a 'failure budget' to prepare for the possibility that they will fail. The idea would be to destigmatize failure and get people to take risks here and there, rather than being penalized for it. N i h has put aside three point five % of their budget every year for what they call a "high risk high pay off grant" But if you make failure a catastrophe thenyou're not going to take any chance at all.

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