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	<title>Business Execution Blog &#187; zappos</title>
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	<description>Execution is the Difference.</description>
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		<title>If you are going to fail, do it fast</title>
		<link>http://www.successfactors.com/blogs/business-execution/fail-faster-to-succeed/</link>
		<comments>http://www.successfactors.com/blogs/business-execution/fail-faster-to-succeed/#comments</comments>
		<pubDate>Thu, 22 May 2008 10:01:57 +0000</pubDate>
		<dc:creator>Erik Berggren</dc:creator>
				<category><![CDATA[Employee Engagement]]></category>
		<category><![CDATA[Al Bundy]]></category>
		<category><![CDATA[Engagement]]></category>
		<category><![CDATA[entrepreneur]]></category>
		<category><![CDATA[Workforce Optimization]]></category>
		<category><![CDATA[zappos]]></category>

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		<description><![CDATA[<p class="MsoNormal" style="text-indent: 0.5in;">It’s an old adage that you have to try and fail before you succeed, in fact entrepreneurs practically live by this code. But what about established organizations? A lot of businesses don’t feel this way, even though they should. The&#8230;</p>]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="text-indent: 0.5in;">It’s an old adage that you have to try and fail before you succeed, in fact entrepreneurs practically live by this code. But what about established organizations? A lot of businesses don’t feel this way, even though they should. The sooner an employee fails, the sooner the individual can move onto to the next task, and the sooner the company can act.</p>
<p class="MsoNormal" style="text-indent: 0.5in;">People can learn from failure &#8211; there is an upside to chances taken, but if a person knows they will fail, the sooner they do it the better. Take the case of a sales rep constantly dragging on with an opportunity that never will materialize &#8211; better to get to fail and move on, to free up time for other accounts.</p>
<p class="MsoNormal" style="text-indent: 0.5in;">When it comes to managing employees not only does it take some investment <a href="http://www.successfactors.com/docs/AppreciatingPeople_kirkerik.pdf">to get people fully productive</a> as we’ve researched with <a href="http://www.successfactors.com/research/thought-leaders/kirk-hallowell">Dr. Hallowell at PDI</a>, but there is also a significant cost to keeping disengaged employees. Necessary separation is important to manage.<span> </span></p>
<p class="MsoNormal" style="text-indent: 0.5in;"><img style="vertical-align: middle;" src="http://img329.imageshack.us/img329/217/algv2.jpg" alt="Al Bundy" width="199" height="223" /><span> </span></p>
<p class="MsoNormal" style="text-indent: 0.5in;">“I feel so good&#8211;I&#8217;m almost happy” &#8211; Al Bundy. It’s not just about the bottom line, people should work where they can be engaged in their jobs. One company, Zappos, really gets it. After the first week of work, they offer their new hires 1000 dollars to quit. They figure, if a person takes the money, he or she isn’t really engaged and didn’t belong there in the first place. This is what understanding human capital is all about, finding ways to maximize those factors, like engagement, that really impact performance over the course of an individual’s career.</p>
<p class="MsoNormal" style="text-indent: 0.5in;">Today, new hires have an average tenure of about 3.5 years, which is not a lot of time to get them up to the plate and hitting home runs. Don’t worry if your rookies make some mistakes &#8211; each mistake can provide valuable insight into setting the right course for your new hire, and accelerate successes . Opportunity is born from failure. Entrepreneurs get it. Zappos gets it. So could you.</p>
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