In business management, this statement highlights a leader's willingness to support projects or initiatives even when there are doubts about their success. It suggests that leaders should be open-minded and willing to provide opportunities for internal team members to prove the potential of new ideas or ventures.
The deeper meaning behind this quote lies in fostering an environment where innovation can thrive. By funding projects despite initial skepticism, a leader encourages creativity and risk-taking among employees, which can lead to breakthroughs and unexpected success. This approach also helps build trust within a company, as team members feel their ideas are valued and supported. When leaders are willing to be proven wrong internally, it signals that failure is seen as an opportunity for learning rather than punishment, thereby promoting a culture of continuous improvement.
Edwin Catmull is the co-founder of Pixar Animation Studios and served as its president until 2019. Known for his visionary leadership in the field of computer animation, he has been instrumental in shaping the innovative spirit at Pixar, which led to groundbreaking films like "Toy Story" and "Finding Nemo." His management philosophy emphasizes nurturing creativity and allowing room for experimentation and growth within a team.
