When Sam Walton, the founder of Walmart, was asked by a reporter, "how did you become so successful" Walton answer, I've made a lot of good decisions" When he was then asked "how he learned to make good decisions," Walton replied, "by making a lot of bad decisions."
Every leader makes mistakes, but how you handle the aftermath of a mistake is critical. Great leaders ensure that poor choices don't compound their mistakes. They also make sure they learn from their mistakes and develop actions to handle the situation differently in the future.
Credits: Peter, Barron, Stark Companies