With the onset of a new year, organizations start preparing new strategies, targets, ideas, and innovative ways to fulfill all unrealized dreams of the past year.
In this article at Mesterplan, Emma Hanes suggests that analyzing failures of 2019 will be a smart move to overcome weaknesses. Take time to learn from your past mistakes to prepare for upcoming challenges with more powerful plans.
Learning from Missteps
To learn from failures, first embrace your fears and design a new approach to address failure. Here are four ways to turn failure into productive change:
- Be Honest & Realistic: Acknowledge what led to failure. Look behind in the year 2019 to ask yourself what went wrong and why? Your honest realization may help you form a better approach to deal with them in the future. Also, be pragmatic to overcome your shortcomings.
- Act Responsible: Take responsibility for challenging tasks. Running away from difficulties may not help you succeed. But working towards it will empower and motivate you to do better in the future.
- Not Defined by Failure: Many people consider failure as a tag for a lifetime that they cannot easily get over. If you do not let go off your fault, how will you get time to plan your success? Be critical to yourself without hampering your creative mindset, innovation, and desire to grow.
- Play to Win: Some organizations enter the market with an intent to avoid loss, not to become the market leader. Risk is the by-product of business, so do not let your fears keep you away from taking the risks required to run a venture successfully.
Click on the following link to read the original article: https://meisterplan.com/blog/what-your-organization-can-learn-from-failure/