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Turn Failure Into Success by Talking About It

Turn Failure Into Success by Talking About It
Business News
By Chad Brooks, Business News Daily Senior Writer
Published: April 13, 2017

If you want to be a better boss, take stock of people's failures, not just their achievement, new research suggests.

Currently, many managers looking to improve their skills try to learn from others who have succeeded when facing great challenges. A study recently published in the Academy of Management Learning and Education journal revealed, however, that focusing on situations where the desired outcome wasn't achieved can be just as, if not more, impactful.

"Drawing lessons from other people's failures is a particularly effective but underused form of learning," the study's authors wrote. "Hence, the best practice ... is to focus not only on others' best but also on their worst practice – and to share with others not only one's success but also one's failure stories."

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