Page 3 - INSIDE ACCESS MAY 21 3RD EDITION

FOOD FOR THOUGHT Things failure
teaches you about
leadership
Build Your Team and Make the Business Better
When taking on a new leadership role, you naturally inherit an existing management system that should always be in favour of working to make the business better. As a leader, it is your job to be proactive about making the system better by building your own team rather than wait for a failed relationship, or failed project before taking such a decision.
Failed business relationships force you to find ways to make the system more effective and interdependent upon the decisions made by each departmental leader. In the process of reinventing the system, it will make your team stronger and more united. In turn, this will allow you to acquire new business relationships and become a much more innovative company.
Failure teaches you about who you can trust and depend upon. It gives you real perspective about who really has your back.
Trust Your Gut and Make More Decisions
Allow failure to make you stronger and wiser. With this attitude you must become fearless when embarking upon new ventures. Failure should empower you to trust your gut and thus enable you to make better decisions; based on your failed experiences, you will be better equipped to navigate new situations.
This may sound counter-intuitive, but once you understand why you failed you may realize that you weren’t that far away from success.
In other words, now that you have taken the time to reflect upon what you could have done to avoid failure, it puts you in a position of strength that allows you to trust your instincts. This also allows you to be more resourceful with your relationships. It enables your entrepreneurial spirit as a leader – and you can begin to see opportunities with greater clarity and focus.
Many people have the tendency to quit when faced with the disruption that failure can bring. Actively accepting failure can help you learn that failure gives you hope if you allow yourself to manage through the adversity rightly.
Contributed by
Oye Jolaoso
PAGE 3 INSIDE ACCESS | MAY 2021 3RD EDITION