"It's the inability to admit your own mistakes, or your fear of failure, your fear of rejection, your desire to be seen as Mr. Perfect, or Ms. Perfect in front of groups, that's what leads to failure, " he said.

WSJ: Business Skills and Buddhist Mindfulness

His failure to realise and explain sooner that the perfect scenario of his colleagues' imaginings is a mirage has turned out to be bad for him, and for Britain.

ECONOMIST: The Tories and Europe

Couple that with processes that seek certainty at the expense of creativity and calculated risk taking and you have the perfect mix for incremental results or worse yet, market failure.

FORBES: Test Your Innovation IQ

The victory was the perfect result for All Blacks coach Graham Henry, who was under enormous pressure following his side's failure at the World Cup last year while his job again looked precarious after the defeat to Australia at the end of July.

BBC: Australia 24-28 New Zealand