by Andrea Goeglein
I must say I have been asking myself a lot lately, “When is a failure, a failure?”
The headlines in the news have caused me to pause more than once (actually more than once an hour lately). There seems to be a lot of maligning of failure in the news. As someone who developed her career focused on success and who wrote a dissertation on the moral development of CEO’s, understanding the impact of business failure has been an integral part of my life, my work and my field of study.
Here is where I come out.
Business failure is not the problem. How you behave when you fail is the problem.
How do you treat people involved in the failed business? How do you learn and grow? How do you take responsibility? Do you blame others for the failure?
This infographic from OnLineMBAToday is an excellent representation of some who have failed. Each person went on to create new and different things or ideas that changed the world we live in. As you review, think through what you know about ‘how they behaved’ when they failed?
Dr. Success Challenge: Raise the level of your conversations about business failure. Do not make the business failing the problem. Learn from how the business person behaved when they failed. Vision what your life would look like if you behaved the same way. Are you proud of yourself in that vision?
Be well, be brave, be a positive force for business. Andrea