Failure modes and effects analysis is an effective method.
At the individual level, failure isn’t always a welcome event but it is recognized as a path to growth, innovation, and change. Prior to engaging in a particular endeavor, you can look at potential areas of failure and examine possible consequences. If the activity doesn’t involve death, divorce, or disaster—and with a little internal and external encouragement—you will go for it.
For the organization, however, failure is often viewed as lost product, wasted time, and, of course, squandered cash. This feeling—whether conscious, deliberate, or accidental—can create contradictory messaging to staff, causing confusion and leading to more lost time, product and, of course, money.