The Hard Truth About Innovative Cultures

When I asked the same managers to describe such cultures, they readily provided a list of characteristics identical to those extolled by management books: tolerance for failure, willingness to experiment, psychological safety, highly collaborative, and nonhierarchical. Creating a culture that simultaneously values learning through failure and outstanding performance is difficult in organizations with a history of neither. A good example of a culture that combines a willingness to experiment with strict discipline is Flagship Pioneering, a Cambridge, Massachusetts, company whose business model is creating new ventures based on pioneering science.

Source: hbr.org