The Value of Failure in Leadership
Assignment 1, The Value of Failure in Leadership
Trenise S. Palmer
Dr. Laura Poluka
MGT 550, Leadership Strategies
October 24, 2014
Failure is something that we cannot go through life without experiencing. The best thing about failure is that failure can be used as a great learning experience to improve upon things in our lives and career. Using failure as a learning tool is dependent upon the person and how they view it as well as how they use it. Failure is a matter of perspective and the lessons in failure are important aspects towards growth and development. If we did not experience failure there wouldn’t be opportunities for learning. Failure can teach us about ourselves as well as provide an understanding for our strengths and weaknesses and even provide motivation (Mindtools.com, 2012). There are many ways that failure can be used in your life and career to improve upon your vision as a leader. The first is that failure can be used to shape a person as a leader. It’s been said that failure is the fuel to opportunities and rewards. Failure is said to present learning opportunities for relationship building, recruiting people, gaining understanding for the expectations of others and dealing with organizational demands. Failure can be the most influential source for know-how and understanding. Failure teaches survival, renewal, reinvention as well as how to know yourself and the organization that you are leading (Llopis, 2012). In addition, failure can be used to define your own character as a leader, such as how to deal with defeat, analyzing what mistakes were made and learning accountability.
As a leader failure can be used as a tool for empowerment and better decision making based on past failed experiences as well as how to better equip yourself for new situatons that may arise. Failure tends to reveal opportunities for second chances. It allows you to see opportunities at a broader observation and assist with
Trenise S. Palmer
Dr. Laura Poluka
MGT 550, Leadership Strategies
October 24, 2014
Failure is something that we cannot go through life without experiencing. The best thing about failure is that failure can be used as a great learning experience to improve upon things in our lives and career. Using failure as a learning tool is dependent upon the person and how they view it as well as how they use it. Failure is a matter of perspective and the lessons in failure are important aspects towards growth and development. If we did not experience failure there wouldn’t be opportunities for learning. Failure can teach us about ourselves as well as provide an understanding for our strengths and weaknesses and even provide motivation (Mindtools.com, 2012). There are many ways that failure can be used in your life and career to improve upon your vision as a leader. The first is that failure can be used to shape a person as a leader. It’s been said that failure is the fuel to opportunities and rewards. Failure is said to present learning opportunities for relationship building, recruiting people, gaining understanding for the expectations of others and dealing with organizational demands. Failure can be the most influential source for know-how and understanding. Failure teaches survival, renewal, reinvention as well as how to know yourself and the organization that you are leading (Llopis, 2012). In addition, failure can be used to define your own character as a leader, such as how to deal with defeat, analyzing what mistakes were made and learning accountability.
As a leader failure can be used as a tool for empowerment and better decision making based on past failed experiences as well as how to better equip yourself for new situatons that may arise. Failure tends to reveal opportunities for second chances. It allows you to see opportunities at a broader observation and assist with
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