49% of organisations struggle to learn from past mistakes

Accenture US Innovation Survey (2015)

According to the Accenture US Innovation Survey, nearly half of all organisations struggle to learn from their past mistakes. This can be a costly mistake, as failing to learn from mistakes can mean repeating them – often with even more costly consequences. There are a number of reasons why organisations may struggle to learn from their mistakes. One reason is that they lack a systematic way of capturing and sharing lessons learned. Another reason is that they fail to establish clear accountability for learning from mistakes. Without these two elements in place, it can be difficult for organisations to improve over time. Thankfully, there are a number of steps that organisations can take to overcome these challenges. By establish clear processes and procedures for learning from mistakes, and holding individuals accountable for following those procedures, organisations can start to close the gap between themselves and their more successful counterparts.

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