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TradeBriefs Editorial

From the Editor's Desk

Strategies for Learning from Failure

Many executives believe that all failure is bad (although it usually provides lessons) and that learning from it is pretty straightforward. The author, a professor at Harvard Business School, thinks both beliefs are misguided. In organizational life, she says, some failures are inevitable and some are even good. And successful learning from failure is not simple: It requires context-specific strategies. But first leaders must understand how the blame game gets in the way and work to create an organizational culture in which employees feel safe admitting or reporting on failure.

Failures fall into three categories: preventable ones in predictable operations, which usually involve deviations from spec; unavoidable ones in complex systems, which may arise from unique combinations of needs, people, and problems; and intelligent ones at the frontier, where “good” failures occur quickly and on a small scale, providing the most valuable information.

Continued here


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I left the U.S. for Denmark. Now I pay $2,100/month to live in this luxury apartment—and I'm much happier here    
I left the U.S. for Denmark. Now I pay $2,100/month to live in this luxury apartment—and I'm much happier here
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Sterling Infrastructure has seen market value jump 500% as manufacturing returns to US. It's not alone    
Sterling Infrastructure has seen market value jump 500% as manufacturing returns to US. It's not alone
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Hundreds die and hostages held as Hamas assault shocks Israel    
Hundreds die and hostages held as Hamas assault shocks Israel
Netanyahu returned to office at the end of last year with the help of new far-right coalition partners. Over less than a year in office, they have wreaked domestic havoc by pushing through an unpopular judicial overhaul, a move that led thousands of IDF reservists to say they would stop reporting for duty. On Saturday, those divides appeared to have been put aside, as thousands of reservists across the country scrambled to bases.


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Starmer warns Labour: 'Don't get giddy over prospect of election victory'    
Starmer warns Labour: 'Don't get giddy over prospect of election victory'
Asked if he shared that opinion, Starmer responded: "Yes, of course. You know, a woman is a female adult." He then added that in "tens of thousands of conversations" that team Labour have had on doorsteps, no one had raised the issue.Referring to Labour's byelection win in Rutherglen and Hamilton West, described by the party's leader in Scotland, Anas Sarwar, as "seismic", Starmer was more reserved: "This result tells us that voters in Scotland want change and now see the Labour party as the party of change. We are humble in victory, but the results gives us a very strong foundation to win other constituencies in Scotland."


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Martin Scorsese tells young film-makers to embrace new tech for 'serious' work    
Martin Scorsese tells young film-makers to embrace new tech for 'serious' work
Without naming him, Scorsese compared the characters in The Wolf of Wall Street to Donald Trump. "They elected him!" he said. "It's about kill, go get the money, do anything to win."


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2023 NFL betting: Loza and Dopp's Week 5 props that pop    
2023 NFL betting: Loza and Dopp's Week 5 props that pop
Daniel: Don\'t adjust your screens, you are, in fact, reading this correctly. We\'re taking a NWI prop this week! If you ask my buddy Thirsty Kyle Soppe, he\'ll tell you how much love I have for this random AFC South WR. There\'s no Treylon Burks this week, and in his three of his four games, Westbrook-Ikhine has hit this mark. And since they\'re taking on the Anthony Richardson-led Colts who have hit at least 21 points in all four games this year, I\'m expecting there to be enough passing game offense to get us here. I know, I know -- this one feels like it\'s out there -- but I really like this number given his usage without Burks in the lineup.


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Migrants Chased and Snared in Razor Wire: A Rare Look at Texas’ Border Tactics    
Migrants Chased and Snared in Razor Wire: A Rare Look at Texas’ Border Tactics
The Texas Department of Public Safety opened an investigation into the state military’s tactics at the border, including the use of concertina wire, after a trooper-medic sent an email in July expressing concern after a large group of migrants was pushed back across the Rio Grande to Mexico in extreme heat conditions and not given water. The department did not respond to a request for comment on the status of the case.


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Even as job creation surges, Americans still think the economy stinks. Here's why    
Even as job creation surges, Americans still think the economy stinks. Here's why
\"Prices are high relative to what they were before,\" Crofoot said. \"So you\'re spending more than you can save, and so retirement is going to be further off for you than it was for previous generations.\"


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Six Accused of Murdering Ecuadorean Presidential Candidate Are Found Dead    
Six Accused of Murdering Ecuadorean Presidential Candidate Are Found Dead
For some time, widespread speculation had suggested that the Colombians were guns for hire, and that powerful figures had ordered the assassination. Secretary of State Antony J. Blinken said last week that the United States was offering a reward of up to $5 million for information leading to the arrest or conviction of the masterminds, and up to $1 million for information leading to any gang leader responsible.


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Opinion | Hamas’s Control of Gaza Must End Now    
Opinion | Hamas’s Control of Gaza Must End Now
Bret Stephens has been an Opinion columnist with The Times since April 2017. He won a Pulitzer Prize for commentary at The Wall Street Journal in 2013 and was previously editor in chief of The Jerusalem Post. Facebook


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Tristan Thompson Accused Of Ignoring His Oldest Son: ‘Appalling And Inexcusable’    
Tristan Thompson Accused Of Ignoring His Oldest Son: ‘Appalling And Inexcusable’
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Should you still push kids to get a degree? Yes, experts say: 'There's not a better substitute for college'    
Should you still push kids to get a degree? Yes, experts say: 'There's not a better substitute for college'
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The biggest mistake most bosses make when trying to be honest with workers, according to a former Google executive    
The biggest mistake most bosses make when trying to be honest with workers, according to a former Google executive
\"Despite everything you might read on social media, most of us do actually care personally, but we\'re so worried about not upsetting someone or hurting their feelings or offending them, we fail to tell them something they\'d be better off knowing,\" she said.


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Surprise attacks on Israel suggest 'shocking' failure of intelligence agencies    
Surprise attacks on Israel suggest 'shocking' failure of intelligence agencies
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Newsom signs California law requiring big businesses to disclose indirect emissions. Many don't know how    
Newsom signs California law requiring big businesses to disclose indirect emissions. Many don't know how
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Elon Musk says ‘sorry to see what’s happening in Israel’ after surprise attacks by Hamas    
Elon Musk says ‘sorry to see what’s happening in Israel’ after surprise attacks by Hamas
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Nearly 1,000 migrating songbirds crash into Chicago exhibition hall in single night: ‘Like a carpet of dead birds’    
Nearly 1,000 migrating songbirds crash into Chicago exhibition hall in single night: ‘Like a carpet of dead birds’
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Witnesses to Civil War-era gold hunt by FBI describe heavily loaded armored truck, signs of a night dig    
Witnesses to Civil War-era gold hunt by FBI describe heavily loaded armored truck, signs of a night dig
© 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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Drugstores struggle with thin staffing and recruiting challenges as busiest season begins    
Drugstores struggle with thin staffing and recruiting challenges as busiest season begins
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Powerball jackpot at $1.4 billion after nobody beats astronomical odds 33 times in a row    
Powerball jackpot at $1.4 billion after nobody beats astronomical odds 33 times in a row
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Ozempic-type meds are forcing food giants to grapple with less-hungry, less-impulse-prone consumers    
Ozempic-type meds are forcing food giants to grapple with less-hungry, less-impulse-prone consumers
© 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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Australia news live: PM labels 'absurd' arguments against Indigenous voice 'the great lie'; Wong condemns Hamas attacks on Israel    
Australia news live: PM labels 'absurd' arguments against Indigenous voice 'the great lie'; Wong condemns Hamas attacks on Israel
Australia will hold "unprecedented" ministerial talks over energy supply with Japan in Melbourne on Sunday. The talks will include the trade minister Don Farrell, the climate and energy minister Chris Bowen, the resources minister Madeleine King and the Japanese minister of economy, trade and industry, Yasutoshi Nishimura.


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Indigenous voice: electoral commission decision not to send mobile voting teams into hospitals condemned    
Indigenous voice: electoral commission decision not to send mobile voting teams into hospitals condemned
“We are hoping that cohort won’t be too many and of course we are aware of the fact that for people in those circumstances, voting is often not their first priority if they have a serious medical condition happening,” Ekin-Smyth said.


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Greece's gay Syriza leader says he told of plans to become parent to 'stir' debate    
Greece's gay Syriza leader says he told of plans to become parent to 'stir' debate
"He has every right to express his desire to have children but his being in a position of political leadership now calls for a more nuanced approach to parenthood in general," she said.


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Russia-Ukraine war: Russian border region of Belgorod attacked, local governor says - as it happened    
Russia-Ukraine war: Russian border region of Belgorod attacked, local governor says - as it happened
"We are disturbed by the comments of ambassador Ulyanov in Vienna today," a US State Department spokesperson said in a statement. "A move like this by any state party needlessly endangers the global norm against nuclear explosive testing."


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Civilians will pay price for biggest challenge to Israel since 1973    
Civilians will pay price for biggest challenge to Israel since 1973
An Israeli ground offensive in response, the first since 2014, is likely. The only thing that appears certain is that Gaza’s inhabitants, already battered by four wars over 16 years, are going to pay the heaviest price.


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Hamas and Israel at war: what we know so far    
Hamas and Israel at war: what we know so far
The UN security council is due to meet on Sunday. The UN secretary general, António Guterres, condemned the attack by Hamas and urged “all diplomatic efforts to avoid a wider conflagration”, UN spokesperson Stéphane Dujarric said in a statement.


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Condemnation and calls for restraint after Hamas attack on Israel    
Condemnation and calls for restraint after Hamas attack on Israel
The UAE, which signed a deal to normalise diplomatic relations with Israel two years ago, also issued a statement describing “deep concern about the escalation of violence,” and calling for “maximum restraint and an immediate ceasefire to avoid dangerous repercussions”.


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Dozens of people killed after powerful earthquakes hit Afghanistan, UN says    
Dozens of people killed after powerful earthquakes hit Afghanistan, UN says
“People hurriedly rushed outside. I had barely stepped out, and then another earthquake struck,” he recounted. “It was shorter in duration than the previous one. And then yet another followed. That’s when I decided to head home. The next quake hit while I was outside my house, causing a wall to collapse on my 12-year-old cousin.


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Met increases patrols in London after reports of Israel attack celebrations    
Met increases patrols in London after reports of Israel attack celebrations
Rishi Sunak called the attack by Hamas on Israel “cowardly and depraved”. In a post on X, formerly known as Twitter, Sunak wrote: “As the barbarity of today’s atrocities becomes clearer, we stand unequivocally with Israel.


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Ex-wife of Boris Johnson to help Labour protect women from bullying at work    
Ex-wife of Boris Johnson to help Labour protect women from bullying at work
Government guidance warns that: “Personal grievances (for example bullying, harassment, discrimination) are not covered by whistleblowing law, unless your particular case is in the public interest.”


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Hull City 'appalled' by alleged racist abuse of player as Millwall fan arrested    
Hull City 'appalled' by alleged racist abuse of player as Millwall fan arrested
The home club added: "Millwall Football Club regrets to confirm an incident of alleged discriminatory abuse during Saturday's match against Hull City. The club is working with the Metropolitan police, its security staff, and Hull City as part of an ongoing investigation into the matter. A supporter has been arrested and will be subject to further police investigations.


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Terence Davies, award-winning film-maker, dies at 77    
Terence Davies, award-winning film-maker, dies at 77
Davies’s manager John Taylor said: “I am deeply saddened to announce the death of Terence Davies, who died peacefully at home in his sleep after a short illness, on Saturday 7 October 2023. Umbra Sumus/And if thou wilt, remember,/And if thou wilt, forget.”


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California nearly decriminalizes psychedelics - but governor hits brakes    
California nearly decriminalizes psychedelics - but governor hits brakes
"It's really working. That's not just important for us in Oregon and all the people who will have sometimes lifesaving experiences, it's also super important because people are watching this closely."


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Moon a la mode? Prada to design spacesuit for Nasa's Artemis III mission    
Moon a la mode? Prada to design spacesuit for Nasa's Artemis III mission
Artemis III will be Nasa's first crewed mission to the lunar south pole and will include the first woman and first person of color to land on the moon. According to Nasa, the astronauts will take pictures and videos of the moon's surface, survey geology and retrieve various samples from the lunar south pole.


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Missing, presumed poached: Staten Island fears for beloved turtle    
Missing, presumed poached: Staten Island fears for beloved turtle
“I’ve not seen anyone hunting for animals in the parks,’ Brill says. “It must be very rare and very bad people. They can come on my tours and get all the renewable herbs, weeds, berries, nuts, mushrooms and dandelions they need. If people are poaching animals, it’s all new to me.”


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Louisiana student punished by school for dancing at private party    
Louisiana student punished by school for dancing at private party
Timonet’s mother, Rachel Timonet, said she was disappointed that she was not present during the meeting earlier this week. The mother, who was present at the event, added that the student body paid for the private venue at the Livingston Parish Country Club, as well as for the DJs performance.


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'He loves this': Trump takes 2024 campaign to the courtroom    
'He loves this': Trump takes 2024 campaign to the courtroom
Baron, author of a new book, Collision of Power, added: "He controls the conversation, and more and more what we ought to be doing is saying, 'What would this second Trump administration actually look like? Who would he appoint to be members of his cabinet? What kinds of policies would he implement at the beginning?'


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Colorado man accused of killing 10 in 2021 attack ruled competent for trial    
Colorado man accused of killing 10 in 2021 attack ruled competent for trial
Authorities said the murder weapon in the Boulder attack, a Ruger AR-556 pistol that resembles a semi-automatic rifle, was purchased by Alissa six days before the shooting, and that Alissa was carrying a second handgun that was not fired in the attack.


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Flirting With 50? You Should Have This Much in Your 401(k)    
Flirting With 50? You Should Have This Much in Your 401(k)
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.


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What Are The Tax Consequences of Transferring Stock to a Trust?    
What Are The Tax Consequences of Transferring Stock to a Trust?
Are you looking to protect your assets or to correctly pass them on to the next generation? It can be complicated when trying to do the best thing for both you now and your loved ones in the future. You may want to enlist the help of an experienced financial advisor. Finding a financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three vetted financial advisors who serve your area, and you can have a free introductory call with your advisor matches to decide which one you feel is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.


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The bond market meltdown is going to get worse before it gets better    
The bond market meltdown is going to get worse before it gets better
\"Interest rate gravity and the dislocation of bond value should cause a brutal bloodbath for stocks if valuations return to rationality among a gross historical disparity with bond prices,\" he said. 


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Can I Retire at 60 With $300,000?    
Can I Retire at 60 With $300,000?
You can do some learning about retiring on $300,000, but a financial advisor may have more insight into planning for this than you do. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.


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Blue Jays GM: Manoah had injection in shoulder    
Blue Jays GM: Manoah had injection in shoulder
Toronto has right-handed starters Kevin Gausman, José Berríos and Chris Bassitt, as well as left-hander Yusei Kikuchi, under contract for next season. Left-hander Hyun Jin Ryu, who returned from surgery and replaced Manoah in the rotation after the August demotion, is eligible for free agency following the World Series.


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MLB Division Series: Live updates, analysis from Day 1    
MLB Division Series: Live updates, analysis from Day 1
Game 2 will be a little more conventional with Jordan Montgomery starting, but that leaves the Orioles in the same position as Game 1: Henderson slides down in the order since he\'s worse against southpaws, and Ryan O\'Hearn starts the game on the bench. Given the roll Montgomery has been on -- two runs over his past 34 innings, including seven scoreless against the Rays in the wild-card series -- the Orioles\' best chance might be to once again just keep it close and hope to beat the Texas bullpen late in the game. And not to get caught stealing.


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Red River delivers the chaos with an instant classic in Week 6    
Red River delivers the chaos with an instant classic in Week 6
Struggling Georgia Tech, UConn, Virginia Tech and Pitt are all left on the schedule, so BC certainly has a path toward a bowl game, if it can avoid quite so much drama moving forward. Or it can follow the \"Lost\" formula, drag things out to the final week against Miami, and then get eaten by a smoke monster.


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NFL Nation Fantasy Update: What to expect in Jonathan Taylor's return    
NFL Nation Fantasy Update: What to expect in Jonathan Taylor's return
Hall, no longer on a play restriction, should see an uptick in carries, but it won\'t be a full-blown workload. Dalvin Cook and Michael Carter (the Jets\' third-down back) will continue to get pieces of the pie. Hall has averaged only eight rushes per game, but that\'s because the Jets haven\'t been able to sustain drives. If they can do that, and get the run game going, Hall should get up to 15 attempts or so. -- Rich Cimini


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McTominay rescues Man United but questions mount for Ten Hag    
McTominay rescues Man United but questions mount for Ten Hag
McTominay, who has only started two games this season, has done everything he can to make sure he gets an opportunity when United resume after the international break with a trip to Sheffield United. Ten Hag, meanwhile, has two weeks to ponder whether the dramatic finale against Brentford is a sign of better days to come or brief respite from the lingering storm.


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European review: Bellingham a perfect 10 for Madrid    
European review: Bellingham a perfect 10 for Madrid
It looked like Milan were in jeopardy of letting their win slip through their fingers, but the veteran France international came up clutch with a last-second one-on-one save with Romania forward George Puscas to give them all three points and sit atop of the Serie A table. -- Roberto Rojas


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How peerless Verstappen broke Perez and F1 records in 2023    
How peerless Verstappen broke Perez and F1 records in 2023
Verstappen\'s win was comfortable on paper, but it was cleared how fired up he was from the beginning of the race, as he held off the charging McLaren pair of Lando Norris and Oscar Piastri to lead into Turn 1.


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Scrambling becoming a bigger part of Patrick Mahomes' game    
Scrambling becoming a bigger part of Patrick Mahomes' game
Mahomes will never be confused with top running quarterbacks in terms of style. While players like Jackson and Allen seem to run effortlessly, Mahomes can sometimes labor. He stumbled at the end of his 25-yard run against the Jets, costing him more yardage.


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Best highlights by top college football recruits: Florida, USC, Auburn commits show out    
Best highlights by top college football recruits: Florida, USC, Auburn commits show out
Durham (No. 174 overall in 2024), who came into the weekend with 334 rushing yards and seven touchdowns through four games, scored three first-half touchdowns (two rushing) in a 44-10 victory over Waxahachie High School (Texas).




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