Helpful Guide to Failure in Philanthropy
Philanthropy News Digest,
January 2010
Larry Blumenthal, the Director of Social Media Strategy at the Robert Wood Johnson Foundation offers a handbook to failing at philanthropy. He explains:
"While there are a few "good" reasons like protecting grantees, we all know the main explanation comes down to embarrassment (and ego). Few people are comfortable admitting failure. I want to add one more possibility to the literature. Perhaps foundation staff members don't know how to fail.I don't mean to imply that we don't fail. We fail all the time. Sometimes in little ways. Sometime we go down in an impressive conflagration of failures...No, maybe the problem is that we don't know how to fail in a good way. Failing with style. Failure as success."
His four steps to failing well are: fail small, fail publicly, fail to win, and fail proudly.
http://foundationcenter.org/pnd/commentary/co_item.jhtml?id=280400012