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Lessons from Failures

In: Mind over Matter and Artificial Intelligence

Author

Listed:
  • Vidya S. Athota

    (University of Notre Dame Australia)

Abstract

This chapter will aim to show several case studies including managers from Kodak, Sony, and Emerson. It will discuss the implications from these cases and what could have been done differently to avoid failure. Mindset influences the challenges and setbacks faced by digitalized organizations. Growth minded organizations are proactive in anticipating failures, and often adapt after failures, whereas a fixed minded organization loses resilience and exhibits a helpless attitude (Dweck & Leggett, 1988). Growth minded leaders positively influence adaptive emotion-regulation strategies during times of individual and organizational challenges (Kneeland et al., 2016). I will specifically try to answer the following questions in relation to the case studies: What went wrong? What went right? How could things have been done differently? This chapter will also include a comparative analysis of companies (Names are not shared for privacy reasons). I will try to explore the thinking patterns that leaders in Kodak, Sony, and Emerson presented. The aim of the chapter is to explore the mechanism in dealing with failures. Specifically, how organizations can rise above day-to-day failures. Research suggests that growth mindset is not a one-day activity but a continued thinking pattern that needs to occur in regular business activities. The importance of cognitive and motivational scaffolding in the workplace will be explored in order to understand failures and prepare ground for success. This chapter will explore deep-seated patterns among employees’ attitudes and behavior patterns, and what managers can do to facilitate change among followers. Managers and employees continue to exercise growth minded actions in order to lead employees and organizations into sustainable growth in digitalized organizations. This chapter is pivotal as it analyses individuals and organizations by identifying individual personality traits, thinking patterns, and behavior patterns to show how progress was blocked and failed to change in a digital age.

Suggested Citation

  • Vidya S. Athota, 2021. "Lessons from Failures," Springer Books, in: Mind over Matter and Artificial Intelligence, chapter 0, pages 49-56, Springer.
    • Handle: RePEc:spr:sprchp:978-981-16-0482-9_5
    DOI: 10.1007/978-981-16-0482-9_5
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