Failure | Netflix & Coca-Cola on how you're viewing failure wrong

Failure can be a crushing experience. So much time and effort invested, only to come up trumps is a mortifying experience for even the most weathered professional.

However, what defines you isn’t the failure, but how you choose to take onboard the failure. If you let yourself fall apart over it, then you’ll likely never be able to embrace it. However, if you choose to handle failure like a true business leader, then you’ll embrace it and learn from it, when it rears its head.

Talking to Executive Grapevine recently, Olympic Coach Katherine Moore pondered on the implications of failing, and how this can relate to business. She said: I think failure is ultimately inevitable. We hear a lot around learning culture; you hear that a lot when you're in a business and actually when it's done well, there's a really clear understanding of why that happened.

“What was going to determine the success of the project in the first place? What have you done in terms of the performance planning to make sure you're getting there and mitigating against the known risks that you're likely to face? If it doesn't work and you're confident that you made the right choices, people can move on very quickly. It's about putting the basics in place that you can extrapolate the useful information from failure and move on instead of ruminating on it and putting it onto other people.”