Leaders should rely more on this...
Have you ever seen, met person who is pursuing MBA or recently finished one? Evident characteristic of most MBAs is confidence. They are beaming with it and ready to take over a corporate job which is meticulously designed 'NOT to FAIL'
Before anyone who has done MBA, decides to get offended. Let me share, I am holder of the degree. I am glad I pursued it and enjoyed good outcomes.
Yes, I believe corporate jobs are safety net for assured success rather protect you from failure. Even most risky moves, projects taken by companies guarantee 'non-failure'. Some projects, moves, products may not succeed but it does not lead these companies to fail. Confident MBAs at all levels in these companies ensure non failure. Leaders all around the world move with confidence. What they lack and never taught about is using guts.
Guts is taking a chance to be proven wrong. To fail willingly.
At no school guts is discussed. Value of failure, taking a risk when there is no guaranteed outcome or a number. In the attempt of making progress, crunching numbers, all that gets discussed, taught to us is to move forward, even if it is by an inch. No one really discuss steep rewards of risks. Even in a failure there are big lessons. Keep aside institutional success for a time being, acknowledging failure, rewarding risk taking is pulling us back as a larger society. Each individual focused on replicating known formulas for proven success.
That is why leaders, decision makers across fields, organizations go with confidence and not with their guts.
Normalize using guts. Normalize failures. Normalize risk taking. We will have a society which our descendants are less embarrassed of.
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