Charlotte Westerhaus-Renfrow: Why failing (successfully) is a good thing to do
Business leaders, managers and entrepreneurs should encourage intelligent failure to promote growth and innovation and to keep their organizations ahead of the curve.
failure
Articles
Fast BioMedical achieves clinical endpoints with plasma technology
The Carmel startup said its midstage clinical trials met key objectives, an achievement that will it allow to continue developing a technology that measures blood volume and kidney function.
Downtown sinkhole repair could take longer than expected
A busy downtown intersection could remain closed through the weekend while crews repair a sinkhole that developed there Wednesday, Citizens Energy Group said Thursday afternoon.
Coalition prepares for another tobacco tax push in next year’s legislative session
Supporters of a cigarette tax hike are reviewing their strategy to see whether this year’s loss was a case of bad timing, faulty messaging, poor execution or just plain bad luck.
Investors find value in entrepreneurs who fail
While Midwest venture capitalists are still relatively conservative compared to those on the coasts, failure is increasingly carrying more of an edge and less of a stigma.
Local law firm seeks class action over state adoption subsidies
Indianapolis law firm Cohen & Malad LLP filed suit Monday against the Indiana Department of Child Services that claims the state failed to pay millions of dollars in promised subsidies to families who adopted children from the state foster-care system.
Hicks: North Korea is epitome of an economic system
The U.S. economy is not a system; it is a series of markets that by their very nature cannot be organized. The People’s Republic of Korea is the contemporary bastion of economic systems; North Korea is the most centrally planned state of modern times.
Kim: Our failures pave way for a lifetime of success
Successful people’s paths are often littered with failures. It isn’t that they are immune to failure; it is how they react to and apply the lessons learned from their failures that ultimately leads to their success.
Hicks: Odds of Affordable Care Act failure keep rising
It is far too early to call the rollout of the Affordable Care Act a failure; most new programs have rocky starts. But this one has most of the signs of inevitable failure. If the situation doesn’t remedy itself quickly, the complete redo of the law will be hastened considerably.
FDIC sues executives over Irwin failure
The Federal Deposit Insurance Corp. has filed suit against four former officers of defunct Irwin Financial Corp. banks, alleging they “closed their eyes to known risks” in approving loans that contributed to the banks’ 2009 takeover by regulators.
Hostess, union unsuccessful in court-ordered mediation
The maker of Twinkies and Ding Dongs said late Tuesday that it failed to reach an agreement with its second-biggest union. As a result, Hostess plans to continue with a hearing on Wednesday in which a bankruptcy court judge will decide if the company can close its operations.
MAURER: Now is not the time to fear failure
Failure does
not have to mean you’re through. Mistakes are inevitable in all businesses. A better test of the character of someone
in business is how he or she reacts to failure.
These are leaders?
Whether it’s structuring local government to fit the 21st century, financing sports stadiums, achieving property tax reform or putting the state’s unemployment fund on sound footing, our leaders consistently show their failure to lead.