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[D] It doesn’t matter if you fail. It matters *how* you fail. | Amy Edmondson for Big Think+ [ PRACTICE ]

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conduct

[ kon-'duhkt ]

verb

- to organize and perform a particular activity

They failed to conduct the test due to some internal reasons.

low-stake

[ 'loh-steyk ]

adjective

- to describe situations where the potential consequences are minor or inconsequential

In a low-stakes game of poker with friends, losing a hand doesn't have any real financial consequences.

erroneously

[ ih-'roh-nee-uhs-lee ]

adverb

- in a way that is wrong or false

The news article erroneously reported the politician's statements, leading to confusion among readers.

hold back

phrase

- to not do something, often because of fear or because you do not want to make a bad situation worse

Fear of failure can hold back even the most talented individuals from pursuing their dreams.

figure out

phrase

- to understand someone or something, or to find the answer to something by thinking

We need to figure out a way to improve efficiency in the workplace

LET'S TRY IT IN SECONDS!

FIRST CUT ⏱ 03:54 - 04:53

    Let's read...

    Here's some questions you need to ask yourself. What is it I'm really hoping to do? What's the progress I'd really love to make? What do I know currently about how to achieve that goal? What do I not know? That's a gap that you now want to figure out how to close. So then you ask yourself, what might I try next to see what will happen?


    Now, it is never a good idea to conduct experiments in highly risky environments. So for example, in aviation, you learn and experiment with new moves in a simulator, not in a real flight with real passengers. In healthcare, the same is true. We experiment in the lab, we don't experiment at the bedside. So intelligent failures can really only happen in situations where the stakes are medium to low.


    Let's follow Amy...

    Here's some questions you need to ask yourself. / What is it I'm really hoping to do? / What's the progress I'd really love to make? / What do I know currently / about how to achieve that goal? / What do I not know? / That's a gap / that you now want to figure out how to close. / So then you ask yourself, / what might I try next / to see what will happen? / Now, / it is never a good idea / to conduct / experiments in highly / risky environments. / So for example, / in aviation, / you learn and experiment with new moves in a simulator, / not in a real flight / with real passengers. / In healthcare, the same is true. / We experiment in the lab, / we don't experiment at the bedside. So / intelligent failures can really only happen in / situations where the stakes / are medium to low.

SECOND CUT ⏱ 04:54 - 05:40

    Let's read...

    One of the things that holds us back from taking risks, from experimenting is that we erroneously think the stakes are too high. We think if we get it wrong, it'll be awful when in reality, if we get it wrong, it's just wrong. Sometimes it's inconvenient. It's almost always disappointing, but it's not awful. It's just new knowledge. So we have to remind ourselves of the true rational-stakes of a situation. Low-stakes might be, "Ah, someone might laugh at us or disagree with us." Who cares, right? So you remind yourself that those things really don't matter and should not hold you back.


    Let's follow Amy...

    One of the things that holds us back / from taking risks, / from experimenting / is that we erroneously think the stakes are too high. / We think if we get it wrong, / it'll be awful / when in reality, / if we get it wrong, / it's just wrong. / Sometimes it's inconvenient. / It's almost always disappointing, / but it's not awful. / It's just new knowledge. / So we have to remind ourselves / of the true rational-stakes of a situation. / Low-stakes might be, / "Ah, someone might / laugh at us / or / disagree with us." / Who cares, right? // So you remind yourself that those things really / don't matter and should not hold you back.