Best failed idea - Award
Type of record:
- Reflection tool
- Micro method
- Innovation Phase
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Description
The Best failed idea - Award is a very effective innovation culture tool and goes back to Ratan Tata, CEO of the Tata Group. Based on his mindset and his experience "Failure is a gold mine for a great company" Ratan Tata has initiated the annual Best failed idea - Award.
Once a year, the "Best failed idea" award is presented to the "best" failed ideas and projects - with all the seriousness to learn from them.
Once a year, the "Best failed idea" award is presented to the "best" failed ideas and projects - with all the seriousness to learn from them.