National Failure Day Supports Risk-Taking

Categories: technology, social

What? In Finland each year a group of students and young entrepreneurs led by Aalto Entrepreneurs Society promotes conversations and meetings at universities and businesses to encourage people to talk about failure as a way to support risk-taking. The initiative is playful, self-organizing and not institutionalized which encourages widespread ownership.

So what? Failure is a taboo topic. However, as we transition to a digital economy, risk-taking and experimentation will be essential for success.  Countries that embrace failure and learn from it are likely to be more innovative and successful. Finland has been a leader in promoting innovation for years.

Source: Ylu - Finns celebrate National Failure day

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