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Today's advice comes from Gregg Fairbrothers and Catalina Gorla, via their column in Forbes: "It is in moments of regret that we remember how much we care about the mission, how much we love the important people in our lives, how many opportunities we have. And in the depths of this real living are we finally sober enough to make better choices for the future." As a leader, you are required to make decisions on a daily basis. With every decision, there comes a trade-off and a certain cost. Fairbrothers and Gorla say that there will be times that you make the wrong decisions. And it's best if you embrace those choices and feel the regret that follows them. "Make decisions, pay the price to do so. Actually feel the consequences, grab onto the pain of bad outcomes, and take time to really look at what has happened. Some companies attempt this through the discipline of stopping to analyze 'lessons learned.' But take it seriously. It’s not enough to just feel sorry for yourself—really examine your struggle, get deep inside the regret and humiliation." Want your business advice featured in Instant MBA? Submit your tips to tipoftheday@businessinsider.com. Be sure to include your name, your job title, and a photo of yourself in your email.
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26 comments:
I can understand the importance of your mistake, and definately agree that you should examin your mistake and learn from it. However, these peoploe sound like they are trying to send people into some sort of depression. I do not know about this.
I believe in if you make a bad decision to take it upon yourself and learn from it. Also it takes a more bigger person and stronger person to come forth with their own faults.
Everyone makes bad decisions, its part of being human. If you made a bad mistake, own up to it and don't try to put the blame on someone else. You earn more respect from your co-workers if you admit to what happened and you learned from your mistake so that others don't follow in the same path.
You cannot be afraid to make a decision in fear of what the outcome may be. We are humans and we will sometimes make the wrong decision. What you should d
You cannot be afraid to make a decision in fear of what the outcome may be. We are humans and we will sometimes make the wrong decision. What you should do is learn something from each mistake that will help you to make a better decision next time.
Making mistakes is part of what makes us human. We can never really help the mistakes we make, but we can always learn from them. I do think we should embrace our failures and move on from them. You should never be afraid to try something because of what might be. Sometimes certain things are worth the risk.
Life is a learning process and that is why one should not be afraid of mistakes. Like they say "to move forward, you got to go back". The important thing is to learn from your mistakes, and take corrective attitudes. This is the reason why businesses’ strategies and plans need to be flexible enough, so it can be modify when there is an error without missing the objectives to achieve.
I agree with Evelyn. Yeah ya need to recognize your mistakes, analyze them so you don't make the same mistake, make a plan and move on. These people sound like you should go into mourning.
It is very important to learn from your mistakes as to avoid making the same ones again in the future. However, to dwell in the past I find to be couterproductive. Make a decision, accept your success or failure, learn from that decision, and then move on.
We are human and we are going to make mistakes. How we deal with our mistakes is what defines us. I think it is important to look at our mistakes and figure out what we did wrong so we don’t make the same mistake. By doing this, it will help one to be better person in the future. Learn from it and move on!
I agree. It's the same as when you were a little kid and you were forced to say "I'm sorry". You could either apologize and mean it, knowing whatever you did was wrong or simply say the words go through the motions and in the end feel absolutely no remorse. Usually the latter instance would be repeated, but when you have to go through the shame, humiliation and the multitude of emotions that follow when you really realize you messed up, you aren't likely to make the same mistake again.
This is a great article. If you never fully come to terms with your mistakes, then you will never learn to better yourself or the company. Learning from your mistakes is very important if you ever want to be successful.
It is really important to embrace your failures, and really endure why they are failures. If you never take a step back and do this, then how will you know for certain how to succeed. To move forward, you have to know where you have been.
Embrace your failures, professionally and personally. the two work hand in hand, no matter how many people say the keep their work life and personal life separate. It's inevitable the the two intermingle more often than we admit. But to embrace failure and look at the lesson learned from it is key to the future successes you will enjoy and make possible. People often just "regret" a mistake or mistep; instead just embrace it and hold it close and see where the error occurred, and make the adjustments for a more positive outcome for the next time. Or better yet, avoid the next time all together.
This article got me really thinking. I agree with parts of it, but disagree with other parts. It is important to learn from your mistakes. Everyone in management has made a mistake or two on their way up to the top. It is important to realize what mistake you have made and correct it in order not to make the same mistake again. Where i disagree is that I don't think that you should dwell on your mistakes. You should learn from then and then move on. It is important to be able to get past your mistakes to grow stronger as a person and a manager.
Wow! I really love this piece of advice. Too often, we shift blame or say that the circumstances surrounding the event prevented the outcome we would have preferred and expected. We can use psychology to learn from our mistakes. Allowing ourselves to feel the full burden of these mistakes emotionally will cement these events and the circumstances surrounding them into our brains. Painful events are often better recalled than pleasurable or mediocre ones. This allows us to learn from our mistakes and prevent them in the future.
Wow! I really love this piece of advice. Too often, we shift blame or say that the circumstances surrounding the event prevented the outcome we would have preferred and expected. We can use psychology to learn from our mistakes. Allowing ourselves to feel the full burden of these mistakes emotionally will cement these events and the circumstances surrounding them into our brains. Painful events are often better recalled than pleasurable or mediocre ones. This allows us to learn from our mistakes and prevent them in the future.
I think this is essentially saying to learn from your mistakes. I'm not sure that I like the "embrace" your mistakes, but I think that learning from them is the most important thing that a person can do. The author is saying that you should "feel the pain" and things like that, but in my opinion when a person continually messes up that hurts their confidence. A person has to be able to let things roll off of their back and move forward in order to continue to improve.
Not just leaders make wrong decisions, but we as humans make bad decisions. A leader’s wrongful decisions may cause the company to pay the price, but it may also help to better the company in improving with future decisions in order to become successful in not making the same bad choices. I believe everyone is entitled to make mistakes besides how would you know what’s a good or bad decision unless you experience it in order for you to know whether you made the right or wrong choice.
Leaders make wrong decisions because they are human. No one is perfect and makes the right decisions all the time. But leaders need to learn from there mistakes and understand that it happened and take the loss and move on.
Wow that very first quote by Fairbrothers and Gorla is quite a strong one. People live with regret every day with their actions. It isn't good to just sit in your own misery after something goes wrong. Like Fairbrothers and Gorla say, you have to embrace it.
This article is funny. I have heard of learning from your mistakes but I don't know about over analizing the mistake. I think I am more old school in my approach. Learn from what you did wrong and forget about it. Mistakes happen to everyone. Just dont let it happen again.
Those who don't learn from history are going to repeat it. So it best to learn from your mistakes so you don't make the same one at a later date. I for one had this same I didnttake on my mistakes I just went ahead. needless to same I made the same mistakes.
Everyone makes mistakes and if you do not learn from them then you are not going to be successful. We all make mistakes we are human and it is how you learn from them that makes you different. To be a top manager you need to be a quick learner and also how to forget the bad things that happen.
This definitely gives some great advice! Mistakes are going to be made regardless, so all we can do is make the best out of every situation. Managers need to learn from their bad decisions. Just like the article mentioned, every detail of each decision needs to be analyzed. If it is taken seriously, the lessons learned will greatly benefit the company in the future.
Leaders are forced to decisions on a daily basis. Some good, some bad decisions but it’s the leaders responsible to make the choice. I made a judgment call to give a child a ride home from the library. I knew this was neither procedure nor protocol. If a child parent did not come pick those up at the time that the library closes the cops were to be called. I felt sorry for the child and brought him home. On the way to his house I almost got into a car accident. Right then and there I knew it should have only been me in the car.
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