Cleveland Clinic CEO Toby Cosgrove: Failure Is an Important Lesson in Leadership

Pioneering heart surgeon says failure is bad only if you don't recover from it.

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Toby Cosgrove, president and CEO of the Cleveland Clinic, one of the top-ranked hospitals in the nation and one of U.S. News's partner hospitals, says he has never been afraid to make mistakes, viewing them as a crucial step in the path to success. Cosgrove got his first taste of leadership as an Air Force surgeon in Vietnam, and he now holds 30 patents for devices that make heart surgery safer. "Most of those came from mistakes that I have made and things that didn't work," says Cosgrove.

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The U.S. News podcast series, Leadership for the Next Decade, explores the ideas, innovations, and solutions that will inspire America and provide a blueprint for progress in the coming millennium. Moderated by U.S. News Editor Brian Kelly, the podcasts feature exclusive interviews with leaders across the spectrum, from education, business, art, science, and medicine to government, public service, and philanthropy.