The Value Of Failure In Leadership | Asim Qureshi

Analyzing Failure

In his book “Leading” Alex Ferguson, the most successful football manager of all time, explains. An approach to life with a positive attitude towards failure. Remembering the epic injury-time win by Manchester United in the 1999 Champions League Final. Turning a 1–0 defeat into a 2–1 improbable victory within 101 seconds of injury time. The fear of failure kept driving them on towards a refusal to give up.

Leaders Listen More

The best coaches rather than pursue success, focus on increasing their teams’ intellectual capital. That is to say, experience, knowledge, and creativity. A process that is more collaborative than supervisory. Conversations are less about succeeding or failing than about what can be learned from the event.

Collaboration Over Competition

Competition affects coworkers with a hunger to win rather than to solve problems. The booming start-up culture based on risk and failure is one way to look at it. Understanding that it is the real road to innovation.

The growing value of Empathy

The COVID-19 pandemic is changing the way we approach failure today. A lack of clarity about future events across the board made us all realize. With lockdown presenting an abundance of challenges, both from a professional and personal perspective, genuine empathy, communication and clarity have been key competencies that strong leaders have had to embrace.

Culture Is The Key

Smart leaders are likely to create a culture that upholds circumstances and people. The use of technology has been of supreme value in helping the shift to work from home. For some working from home has been more productive while others look forward to returning to the office. Balancing their individual preferences and circumstances against the needs of the business, creating a culture of involvement, fairness, respect, and inclusion.

Conclusion

In conclusion, success can only grow from realizing the value of failure. Leaders should insist that their organizations develop such a culture. A clear understanding of what happened-not of “who did it”-when things go wrong. After all, without failure we humans don’t learn from mistakes, control, and make corrections.

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Founder Starring Brands.The Man Who Did It (Twice) In India For Pakistan.Leading Change With Marketing| Former Ceo at Pakistan’s Top 2 Media & Still Learning

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Asim Qureshi

Asim Qureshi

Founder Starring Brands.The Man Who Did It (Twice) In India For Pakistan.Leading Change With Marketing| Former Ceo at Pakistan’s Top 2 Media & Still Learning