Making the Most of Your Mistakes

When you’re learning, or trying new things, you’re going to make mistakes. The trick is to try to fail in a way that gives you useful information. This week, we revisit a favorite conversation with researcher Amy Edmondson. She explains the difference between constructive failures and those we should try to avoid. Then, John Dinsmore answers listener questions about the psychology of debt, in our latest installment of Your Questions Answered.

Ever wondered how your parents’ and grandparents’ attitudes toward money shapes your financial decisions? Check out our latest YouTube video to learn more about the hidden financial behaviors you inherited from your family.

Additional Resources

Book:

Right Kind of Wrong: The Science of Failing Well, by Amy Edmondson, 2023.

Research:

Children’s Hospital and Clinics (A), by Amy Edmondson, Michael A. Roberto, and Anita Tucker, Harvard Business School Case, 2007.

Columbia’s Final Mission, by Michael A. Roberto, Amy C. Edmondson, Richard Bohmer, Erika M. Ferlins, and Laura R. Feldman, Harvard Business School Case, 2004.

Human Error: Models and Management, by James Reason, British Medical Journal, 2000.

Psychological Safety and Learning Behavior in Work Teams, by Amy Edmondson, Administrative Science Quarterly, 1999.

Podcast:

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Newsletter:

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