Can we learn from errors? What if we’re running a nuclear power plant?

Provoking post from Dave Munger at Cognitive Daily regarding Michael Frese’s talk at APS.

The killer stat from his talk: 20 percent of variability in corporate profitability is determined by error management culture. If a company focuses on managing errors rather than simply avoiding them, it’s significantly more likely to be profitable than a company that focuses only on avoiding errors.

Photo by Aerial Photography