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Publisher's Summary

The Wisdom of Failure is the "how-not-to" leadership book.
There is a paradox in leadership: We can only succeed by knowing failure. Every accomplished leader knows there are minefields of failures that need to be navigated in order to succeed. Wouldn’t it be great to have the insights to help prevent you from making avoidable mistakes? Unfortunately, in business, talking about mistakes can be taboo, and, at a certain level, learning from failure is not an option. Weinzimmer and McConoughey speak frankly about the things that are difficult to talk about - the unvarnished truths necessary to become a successful leader.


Based on a groundbreaking 7-year study of what almost 1,000 managers across 21 industries really think about lessons from failures
Includes exclusive interview material from CEOs at a wide range of organizations, including major firms such as Caterpillar, Priceline.com, and Allstate; startups; and entrepreneurial small businesses
Drills down into failure to uncover the strategies that aspiring leaders need in order to avoid the most damning leadership mistakes: unbalanced orchestration, drama management, and reckless vanity
Learning from the mistakes of others is a necessary part of the journey of effective leadership, and this book offers an indispensable guide to learning these powerful lessons - without paying the price of failure
©2012 Laurence G. Weinzimmer and Jim McConoughey (P)2012 Audible, Inc.
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Customer Reviews

Most Helpful

By Billy the Bibliophile on 09-30-15

loved it

a lot of anecdotes from relevant business leaders and anonymous bosses who've failed at every facet of business.

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Customer Reviews

Most Helpful

By Timothy Barros on 02-07-16

You learn from mistakes

I have to admit it, I have been dragged to the "succeed" and "winning" books about entrepreneurs and self help.. but what was bugging me was the fact they only focused on what worked and not what didn't work and what to avoid.

I will leave one gem that I got from this book: thinking outside of the box? think inside the box before looking for new ventures - check what you know before looking for new and novel things.

last thing, if you enjoy this book get the black box thinking

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1 of 1 people found this review helpful


By Anonymous User on 04-18-17

It is common sense, or isn't I?

My first audio book. Love it is an understatement. The lessons here are not only relevant to business but also to everyday life. I find it gives me some drop back example when I try to talk to my teenager son.
Learning from failure is not a new concept. What I like about the book is its emphasis on its important (deep learning) over mimicking success (often surface learning).

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