Paul Iske, Professor of Open Innovation at Maastricht University and founder of the Institute for Brilliant Failures, challenges the way we think about failure. He shows that failures are not setbacks, but valuable opportunities for learning, renewal, and growth. Using his VIRAL formula (Vision, Inspiration, Risk management, Approach, Learning), Paul demonstrates how organizations can turn failures into powerful learning processes. He emphasizes the need for psychological safety and how developing failure intelligence enables us to recognize and apply lessons from mistakes – before, during, and after they occur.
