From Failure to Foresight: Leveraging Past Risks for Future Opportunities, A Systematic Integrative Review
  • Author(s): Felix N. Igbeghe; Okonkwo Okwudili P.; Ejomarie Ewomazino K.; Oghenevwaire Iyabo S.
  • Paper ID: 1710907
  • Page: 1952-1958
  • Published Date: 08-10-2025
  • Published In: Iconic Research And Engineering Journals
  • Publisher: IRE Journals
  • e-ISSN: 2456-8880
  • Volume/Issue: Volume 9 Issue 3 September-2025
Abstract

This study examines the critical role of failure in shaping and advancing proactive risk management strategies across various organizational and industrial contexts. Traditionally perceived as a consequence to be avoided, failure is increasingly recognized in the literature as a valuable source of insight for anticipating and mitigating future risks. By synthesizing findings from diverse fields including organizational theory, systems engineering, behavioral science, and enterprise risk management, this review explores how post-failure analyses contribute to the development of early warning systems, risk sensing capabilities, and adaptive governance models. The themes include the institutionalization of lessons learned, the function of near-miss reporting, and the role of psychological safety in encouraging transparent failure reporting. The study also discusses how failure-driven learning supports the transition from reactive to proactive risk cultures. Ultimately, this review highlights that embracing failure not only enhances organizational resilience but also fosters innovation in risk identification and response frameworks.

Keywords

Failure, Anticipating, Mitigating, Risks and Early Warning Systems.

Citations

IRE Journals:
Felix N. Igbeghe, Okonkwo Okwudili P., Ejomarie Ewomazino K., Oghenevwaire Iyabo S. "From Failure to Foresight: Leveraging Past Risks for Future Opportunities, A Systematic Integrative Review" Iconic Research And Engineering Journals Volume 9 Issue 3 2025 Page 1952-1958

IEEE:
Felix N. Igbeghe, Okonkwo Okwudili P., Ejomarie Ewomazino K., Oghenevwaire Iyabo S. "From Failure to Foresight: Leveraging Past Risks for Future Opportunities, A Systematic Integrative Review" Iconic Research And Engineering Journals, 9(3)