The Power of Failure

February 5, 2013

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Seven years ago, the consulting group Bridgespan presented details on the performance of several prestigious nonprofits. Nearly all of them had one thing in common — failure.  These organizations had a point at which they struggled financially, stalled on a project or experienced high rates of attrition.  “Everyone in the room had the same response, which was relief,” said Paul Schmitz, the chief executive of the nonprofit Public Allies.  “It was good to see that I wasn’t the only one struggling with these things.”

As in any field, people who work in nonprofits, social enterprises, development agencies, and foundations experience failure on a regular basis.

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