Tuesday, February 5, 2013

Management Tip of the Day: Don't Let Failure Ruin Your Dreams

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Management Tip of the Day
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FEBRUARY 5, 2013
Don't Let Failure Ruin Your Dreams
When you start a company, launch a new product, or take on a new job, you, of course, hope to succeed. But that's not always the case. Next time you face failure, here's how to make the most of it:
  • Acknowledge sadness. It's disappointing when your dreams don't come to fruition. Take time to grieve. If you sublimate the sadness, you risk losing your passion and getting stuck.
  • Jettison shame. Failure shouldn't be a referendum on you. Pull shame out of the picture and label it as the waste that it is.
  • Learn the right lesson. Experts say failure is the best teacher but you have to be more specific. Ask yourself: What valuable truth did I discover by failing?
Harvard Business Review Blog Today's Management Tip was adapted from "Put Failure in Its Place" by Whitney Johnson.
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