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Few companies fail because of the lack of innovative and promising ideas but instead meet their downfall through poor execution. However, even those methodical and deliberate organizations that plan well, in both ideation and implementation, still fail for one simple reason: the people.
It is astounding how organizations pay enough attention to who they are, including the people within them and their overall culture. The fundamental concept that the author Jim Collins has repeatedly demonstrated is that successful organizations are steadfast in ‘getting the right people in the right seats doing the right thing.’
It begins with the right people: those who share your vision and demonstrate a similar set of values and virtues that you desire. Unfortunately, few organizations dedicate rigor to recruiting people that align with their desired culture (assuming you can articulate that culture, to begin with).
Mistakes occur, and the sooner we embrace them and alter them, the better the organization. Why would you continue to hammer your thumb when it is causing you pain?
Your organization is your people. Innovation, excellence in delivery, and continued high performance come from people. Give it the attention it requires.