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	<title>Comments on: Bad news should travel faster than good news</title>
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	<link>http://openambition.com/2009/02/11/bad-news-should-travel-faster-than-good-news/</link>
	<description>The juncture of success and meaningful failure</description>
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		<title>By: Alyson Button Stone</title>
		<link>http://openambition.com/2009/02/11/bad-news-should-travel-faster-than-good-news/#comment-201</link>
		<dc:creator><![CDATA[Alyson Button Stone]]></dc:creator>
		<pubDate>Sun, 31 May 2009 03:48:27 +0000</pubDate>
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		<description><![CDATA[Peter, you would love my boss (the CEO of 1000 Markets). He is building a great company on principles I have read in two of your blog posts. He is a person who puts professional and personal ethics above all (see Entellium post) and is also always encouraging his team to risk failure and know that it&#039;s okay to have setbacks. 

You know, other bosses I have had in the past have said things like that, but they haven&#039;t really meant it--haven&#039;t really carried through on tolerating experimentation unless it was practically guaranteed to work.

As an employee, it makes such a difference to how you see your role in the Company when you have the feeling that the boss &quot;has your back.&quot; I come to this job relatively late in my working life, and I am so glad to see that you applaud this outlook of facing down demons head-on. It&#039;s a liberating way to lead. I did it as a parent and it was so effective. Why not in business, too?]]></description>
		<content:encoded><![CDATA[<p>Peter, you would love my boss (the CEO of 1000 Markets). He is building a great company on principles I have read in two of your blog posts. He is a person who puts professional and personal ethics above all (see Entellium post) and is also always encouraging his team to risk failure and know that it&#8217;s okay to have setbacks. </p>
<p>You know, other bosses I have had in the past have said things like that, but they haven&#8217;t really meant it&#8211;haven&#8217;t really carried through on tolerating experimentation unless it was practically guaranteed to work.</p>
<p>As an employee, it makes such a difference to how you see your role in the Company when you have the feeling that the boss &#8220;has your back.&#8221; I come to this job relatively late in my working life, and I am so glad to see that you applaud this outlook of facing down demons head-on. It&#8217;s a liberating way to lead. I did it as a parent and it was so effective. Why not in business, too?</p>
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		<title>By: Lots of low cost experiments &#171; Open Ambition</title>
		<link>http://openambition.com/2009/02/11/bad-news-should-travel-faster-than-good-news/#comment-116</link>
		<dc:creator><![CDATA[Lots of low cost experiments &#171; Open Ambition]]></dc:creator>
		<pubDate>Wed, 22 Apr 2009 15:58:18 +0000</pubDate>
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		<description><![CDATA[[...] The key is understanding where in your business you can afford to routinely experience failure, and where failure has more costly significance.&#160; You need internal processes that measure performance, coupled with a culture that has a pretty solid foundation of trust – where anyone and everyone feels comfortable taking a risk, and reporting the results as data.&#160; I wrote on this earlier, it’s a culture where bad news has got to travel faster than good news. [...]]]></description>
		<content:encoded><![CDATA[<p>[...] The key is understanding where in your business you can afford to routinely experience failure, and where failure has more costly significance.&#160; You need internal processes that measure performance, coupled with a culture that has a pretty solid foundation of trust – where anyone and everyone feels comfortable taking a risk, and reporting the results as data.&#160; I wrote on this earlier, it’s a culture where bad news has got to travel faster than good news. [...]</p>
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	<item>
		<title>By: &#187; Thanks to TechFlash for the pointer &#124; One Big Idea</title>
		<link>http://openambition.com/2009/02/11/bad-news-should-travel-faster-than-good-news/#comment-15</link>
		<dc:creator><![CDATA[&#187; Thanks to TechFlash for the pointer &#124; One Big Idea]]></dc:creator>
		<pubDate>Thu, 26 Feb 2009 04:51:23 +0000</pubDate>
		<guid isPermaLink="false">http://meaningfulfailure.wordpress.com/2009/02/11/bad-news-should-travel-faster-than-good-news/#comment-15</guid>
		<description><![CDATA[[...] Open Ambition: &#8220;Bad news should travel faster than good news&#8221; [...]]]></description>
		<content:encoded><![CDATA[<p>[...] Open Ambition: &#8220;Bad news should travel faster than good news&#8221; [...]</p>
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