With every disruptive innovation project there are mountains of unknowns. A team can have a good plan in place but without all of the pieces assembled together it is almost impossible to test each individual hypothesis. This fact is what makes disruptive innovation projects so risky with a high failure rate. This is the story of Best Buy's failed attempt to enter the Entertainment Media Label business and one leader's insistence on making sure that the organization learned from their mistakes.

Check out some of our favorite innovation quotes from this past week! Author names will link you to the quoted articles.

The Failure Forums is a new monthly series by IX Contributor Matt Hunt focused on bringing the role of innovation failure to the forefront. This series will intentionally bypass the innovation success stories to focus on the lessons learned from failures.