All of the best and brightest in business have one thing in common, and that is multiple failures. How they reacted to them is what separated them from the crowd. Enterprise CIO Forum editorial director Bill Laberis
Bill, what you're advocating, doesn't only require a personal acceptance of failure as information, but an organization that allows this to happen. Required is a systemized approach to "change management". Many, from my perspective, aren't prepared for it.
(note: I work on projects sponsored by EnterpriseCIOForum.com and HP)