Learn from mistakes from "summary" of The Effective Executive by Peter Drucker
Learning from mistakes is a crucial aspect of effective executive behavior. It is natural for executives to make mistakes, as they are constantly making decisions based on imperfect information and under uncertain conditions. However, what distinguishes effective executives is their ability to reflect on their mistakes and learn from them in order to improve their decision-making process in the future. One key aspect of learning from mistakes is taking responsibility for them. Effective executives do not blame others or external factors for their mistakes, but instead take ownership of them and strive to understand what went wrong and why. By doing so, they are able to identify the root causes of their mistakes and make the necessary adjustments to avoid making the same errors in the future. Another important aspe...
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