As all seasoned chief executives officers are well aware, failure is an inevitably part of being in business. And one thing that separates good CEOs from bad ones is how they react to failure. This article takes a look at three common types of executive failure response and how they only serve to make an already bad situation worse. For example, an executive who changes strategy in the face of any negative outcome in hopes of maintaining momentum will only create employee dissatisfaction and consumer skepticism.
Read the full article here: http://www.fastcompany.com/3059000/three-common-reactions-to-failure-that-dont-help-matters-and-one-that-does
