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Business

Failure’s Not That Expensive!

Over on O’Reilly Radar, Tim blogged about Jeff Bezos at the Wired Disruptive by Design conference.

In particular, these words from Bezos caught my eye:

“People over-focus on errors of commission. Companies over-emphasize how expensive failure’s going to be. Failure’s not that expensive….The big cost that most companies incur are much harder to notice, and those are errors of Omission.”

Incumbents, stand up and pay attention!

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