Why Embracing Failure at Work is Key to Growth and Innovation

George Avgoustis
3 min readNov 6, 2024

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If you’re like me and tend to dive headfirst into new challenges, you’ve probably learned the hard way that failure is a constant companion on the road to success. But guess what? That’s not a bad thing—it might just be the best thing. In a fast-paced startup world (or anywhere else where people want results yesterday), it’s less about being right all the time and more about staying open to what we can learn, even from the bumps and bruises.

The magic of Psychological Safety

Ever been on a team where you can just say, “Hey, I messed up,” and everyone’s cool with it? That’s psychological safety, and it’s a total game-changer. According to Amy Edmondson (a big name in the research world), when people feel safe to speak up and admit mistakes, teams actually perform better. It’s like setting the stage for open discussions, new ideas, and genuine collaboration. Basically, if you want a group that learns and grows together, you’ve got to give them space to mess up without fear of a firing squad (Edmondson, The Open Psychology Journal).

Why fear of failure is a real buzzkill

Let’s be real—when we’re scared of making the wrong move, we freeze. We overthink. We start avoiding risks. And you know what? For a startup or any company trying to shake things up, that’s the kiss of death. You can’t innovate when you’re too scared to take a shot.

I’ve been through some big transitions myself, and every time, I was a little freaked out by the unknown. But looking back, the times I fell flat on my face taught me more than any "success" could. We call it “failing fast”—learning as you go without getting hung up on the setbacks.

Turning failure into fuel

Turns out, companies that actually encourage failure end up seeing the best results. No, seriously. A study by McKinsey shows that companies embracing failure as part of the process are more innovative. It’s like they’ve realized that when people know they can take risks without losing their jobs, they’ll try crazier, bolder stuff—which often leads to breakthroughs (McKinsey).

So instead of seeing failure as something to avoid, why not see it as your ticket to improvement? In a space where mistakes are just lessons in disguise, people don’t just fail—they grow. Every stumble is just another step forward.

Leaders, this one’s for you

For all the managers and leaders out there: if you want a team that’s creative, adaptable, and resilient, you’ve got to create an environment where failure is no big deal. Harvard Business School backs this up, saying that psychologically safe teams are the most effective. It’s not rocket science—when people feel they can make mistakes and still belong, they’ll give it their all (Harvard Business School).

Especially in high-stakes, fast-moving places like startups, leaders who create this kind of culture make all the difference. Open up those lines of communication, keep the feedback flowing, and let people know it’s okay to mess up. That’s where the magic happens.

Moving forward: Progress over Perfection

In the end, it’s about aiming for progress, not perfection. Embracing failure doesn’t just build resilience—it keeps us curious, helps us adapt, and teaches us to face challenges head-on. In a world that’s all about “succeed or die trying,” maybe it’s time we recognize that sometimes the best way forward is a few stumbles in the right direction.

References

1. Edmondson, A. Psychological Safety and Learning Behavior in Work Teams. The Open Psychology Journal.

2. McKinsey & Company. When Failure is an Option: Fostering Organizational Innovation and Learning.

3. Harvard Business School. The Role of Psychological Safety in Team Collaboration and Innovation.

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George Avgoustis
George Avgoustis

Written by George Avgoustis

Curious problem-solver with a passion for connecting people and ideas. Always exploring new ways to make an impact through collaboration and innovation.

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