This week I was invited to an event during which student projects were presented and awarded prizes. Great ideas, innovative approaches to important problems of our time and enthusiastic students who were passionate about their projects and were really able to show this authentically. Unfortunately, as with every competition, only a few received awards. As is always the case when it comes to winning or losing. But did the other projects really lose or did they even fail? It may have felt that way from the point of view of individual participants. As in, one goal was not achieved: to win. Of course, everyone is hoping to be awarded one of the coveted prizes. Just as every start-up or start-up team hopes to build a successful business with a scalable business model, every business heir dreams of passing the old family business on to the next generation, and every project manager is committed to making their innovation project a resounding success.

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