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Failing upwards is when a series of failures is good for an individual's career. It is associated with individuals who talk about their failures openly and proudly as learning experiences. The term can also apply more generally to the tendency for risk takers to succeed due to their overall visibility in an organization and industry despite failures.
CountersignalingTalking openly about one's failures is a type of countersignaling that may be interpreted as a strength.CronyismFailure upwards is a common feature of cronyism whereby a social group continue to promote and reward each other despite an ongoing string of failures. Bias for ActionSome organizations, industries and professions favor a bias for action whereby individuals can take risks without overthinking. A bias for action can be expected to result in occasional failures but may work out in professions that favor risk taking such as sales.
InnovationInnovation requires experimentation and attempts to change entire industries with new approaches. As such, it is steeped in unusual levels of risk and failure. Innovative organizations may not look negatively on failures that were valid attempts to do something big.
Organizational Culture
This is the complete list of articles we have written about organizational culture.
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A list of common business risks.
The four things that can be done about risk.
A list of techniques for reducing risk.
The potential that you'll achieve too much of a good thing.
Any risk that people have a strong aversion too.
The surprising similarities between risk and opportunity.
The difference between risk management and contingency planning.
The common types of uncertainty in decision making and strategy.
The common types of inventory risk.
An overview of common business risk management techniques.
A few examples of conflict of interest.
An overview of Chinese walls as a compliance tool.
The definition of duty with examples.
The definition of crony capitalism with examples.
An overview of cronyism with an illustrative example.
The definition of dual agency with examples.
The definition of professional ethics with examples.
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