MANAGEMENT SHOP LLC

Learning from failure

3/4/2019

 
We always hear how learning from our failures is more important than learning from our successes. What is it that failures have that successes do not have? We humans like to understand why? Why did something happen or did not happen? Failing can bruise the ego especially when the failure has financial ramifications. When we succeed we are less inclined to find out why we succeeded. We often attribute successes to our skills and intelligence. However, when we fail, we are forced to reckon with the idea that we are not invincible and part of life is coming up short. That discomfort of failure sets into motion the desire to ask and find out why? Why did we fail? When we take a closer look at the failure we discover the why and store that lesson for future use. It is not always fun to ask why when we fail but it certainly holds the biggest lessons we learn in life.

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    Author

    Baruch Hecht is a management consultant, experienced COO, the founder of Management Shop, and an avid reader of business literature. 

    View my profile on LinkedIn

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