Failure is simply the opportunity to begin again, this time more intelligently.
— Henry Ford
These are not from Henry:
Project failure is a luxury few can afford. Multiple failures can bankrupt you. See that they don’t…
It really is true that project failure is an opportunity to redesign and restart. If you think about it… why do projects fail in the first place? They fail because of some huge flaw that nobody recognized at the outset (or that the stakeholders ignored).
So starting over with those flaws corrected is what Henry is talking about.
There were 13 years of development leading up to the Model T. (1896 – 1909) There was another 18 years of development that lead up to the Model A. (1909 – 1927) That’s a lot of failure!
But think about it… it’s also a lot of success!