Dealing with failure is never easy, but it is an unavoidable part of being a leader. Any executive who is struggling with how to cope with a significant failure to take a look at this Forbes piece.
For one thing, it’s important that you assume responsibility for your mistakes and not try to hide behind any excuses. Also critical that you keep an eye toward the future and develop a plan for reversing whatever damage was inflicted when the failure occurred.
Read the full article here: http://www.forbes.com/sites/ronashkenas/2016/05/27/know-when-to-celebrate-failure-and-when-to-avoid-it/#9ad77f7224f1