Examine Negative Outcomes
Joshua A. Luna
Photographer & Videographer at American Executive Media | HBR, Business Insider, & LinkedIn News Contributor
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TLDR
Teachable Moment:?Examine negative outcomes in the face of uncertainty and prepare for any similar situation by developing a proper mitigation plan.
The Problem
Even the most?informed?decisions in the world can still produce a negative outcome.
You can follow all the proper steps and make the most logical choices, but sometimes it’s not enough.
That’s the beauty (sarcasm) of?uncertainty.
It can derail anything in its way.
But what you do with your negative outcome is what takes you from being a?good?leader to a?great?one.
The Solution
Your first step is to?analyze?what went wrong and determine if it was avoidable in the first place.
Go through these questions and rule out any internal missteps.
If all is clear, consider what led to the?undesired?outcome.
Your final step will be to come up with a plan or procedure for any similar future situation.
Make this?accessible?to everyone on your team and reference it as often as it’s relevant.
Following these steps will ensure that you are prepared to deal with any negative outcomes moving forward.
Keep learning,
Josh
P.S.
Have you ever had to make an informed decision that didn't end well? How did you handle the aftermath?
Share your story in the comments section.
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Bain | HBS
2 年This is something I think about a lot in the context of entrepreneurship. There's so much uncertainty that it can be tempting to just assume anything that went wrong was outside of your control. After you review, you may find there wasn't anything you could do differently, but it's always worth while to take the time to reflect.
Fiber Optic Construction Enthusiast - Recruiting and Mentoring
2 年Joshua A. Luna thanks for sharing this! It's a great topic. Everyone should do this in a journal, handwritten...