A-Z Popular Blog Development Search »
Personal Development
Related Guides

7 Types of Failure

 , updated on
Failure is an inevitable part of business and the human experience in general. Some organizations hide it and have a culture of celebrating success and ignoring failures. Others actively manage potential failures as risk with mature models that predict failures for a particular strategy or investment. A third type of organization embraces failure as a sign that people are pushing hard to change and create value. Business failure comes in several varieties:

The Failures Of Others

There is something about the pain of experiencing failure that makes learning more vivid. Nevertheless, it is far safer to learn from the mistakes of others than your own.

Historical Failure

A common theme of education and learning is to examine historical failure in the hopes that it not be repeated. People may also learn from fictional failure as dramatized in movies and books.

Fast, Cheap And Safe

If you're going to fail, it's best to fail fast, cheap and safe. In many cases, an initiative can be designed to fail this way. In other cases, it's just luck. Failing fast, cheap and safe means that resulting knowledge is potentially more valuable than the cost of failure.

Slow Expensive And Dangerous

Failing slow, expensive and dangerous is symptomatic of big thinking and all-or-nothing approaches. It also results from optimism bias such as the irrational belief that that failure isn't an option. Many organizations have no culture of openly managing failure and it is seen as something that must be prevented at any cost.

Creeping Failure

Creeping failure is when something initially looks like a success but is revealed as a failure with time. It is typically the most costly type of failure as losses may go unnoticed for years or decades. For example, a new medication may be discovered that reduces the symptoms of one condition. However, after a decade of public use it is discovered that the medication causes a far more serious condition with time resulting in loss of life.

Catastrophic Failure

A failure that has an extremely negative and broad impact. In many cases, catastrophic failures are creeping failures such as a novel chemical that is released into the environment, only to discover decades later it has caused widespread environment destruction. Catastrophic failure can potentially be prevented with the precautionary principle.

Passive Failure

Passive failure is a negative event that occurs as the result of inaction as opposed to action. People tend to associate risk with action but it frequently results from inaction as well.
More about failure:
Competitive Disadvantage
Fail Often
Creeping Failure
Fail Well
Critical Mass
Failure Types
Curse Of First
Optimism Bias
Failure Is Not An Option
Failure Of Imagination
Information Asymmetry
Lost The Plot
Misuse of Statistics
Plateau Effect
Pyrrhic Victory
Scope Creep
Single Point Of Failure
Technology As Magic
Underpants Gnomes
Unknown Unknowns
Unmanaged Risk
Zero-sum Game
If you enjoyed this page, please consider bookmarking Simplicable.

Personal Development

An overview of personal development with examples.


Common examples of self-improvement.

Personal Goals

An extensive list of personal goals.

Amor Fati

The definition of amor fati with examples.


The definition of hope with examples.

Learning From Mistakes

A list of the common ways to learn from mistakes.


The definition of introspection with examples.

Personal Philosophy

The definition of personal philosophy with examples.

Life Skills

The definition of life skills with examples.

Personal Strengths

A list of common personal strengths.

Innovation Principles

A list of common innovation principles.

Fail Often

An overview of fail often innovation.

Innovation Metrics

How to measure innovation including early stage, late stage and overall program metrics.


The basic types of pilot used in business, science and entertainment.

Lead User

A definition of lead user with examples.

Moment Of Truth

A definition of moment of truth with a few examples.

User Innovation

A definition of user innovation with examples.

Proof Of Concept

The common types of proof of concept.


The common types of commercialisation.

Innovation Objectives

The common types of innovation objectives with examples.
The most popular articles on Simplicable in the past day.

New Articles

Recent posts or updates on Simplicable.
Site Map