Learn From Your MIstakes

As a leader, you are bound to make mistakes. It is human nature to want to forget about, cover up, or blame someone or something else for them happening. But the most effective leader is one who not only manages them, but turns mistakes into opportunities for furthering your vision.
As a leader, you want people to view you as being capable for your position, and mistakes can threaten that image—especially the big ones. But protecting the image of always being right can be the biggest leadership mistake to make.
The concept of failing forward is that you may stumble with your mistakes, but as long as you do not land on your back and stay there, progress is being made. You can use errors to the benefit of your leadership role, your team and your overall vision by taking appropriate actions afterward.
Own Up:
It takes courage to admit to those you are leading that you were wrong, but it is the first and most important step for moving back in a positive direction.
React and Repair Together:
Once you realize and admit a mistake has been made do not let it worsen. Brainstorm with your team on how to correct the problem as quickly as possible. It can be disheartening to have someone you are leading offer the solution for the issue you might have caused, but if it protects your vision, it will be an easier pill to swallow.
Do not lose sight of the fact that you assembled a team because you could not achieve your vision alone. Fixing your mistake with the help of others will quickly get you back towards realizing it.
Learn/Educate:
"Appreciate your mistakes for what they are: precious life lessons that can only be learned the hard way... unless it is a fatal mistake, which, at least, others can learn from,"
As the leader, communicate what oversights and miscalculations led you to the mistake, and discuss with your team what new information was gleaned and can be applied to upcoming strategy-making and challenges. No matter who made the mistake, everyone should learn a valuable lesson from it.


Keep Perspective:
Keep the mistake in perspective and your eye on the big picture. Just because the mistake, at the time, seems catastrophic, it does not necessarily mean the end is near. It is just another step in the process of reaching your goal. In fact, it may even spurn new ideas that would not have been realized otherwise.
Do not aim for perfection with your team, but instead aim for making progress with both right and wrong actions. As renowned ad man Leo Burnett once said, "To swear off making mistakes is very easy. All you have to do is to swear off having ideas."
Move On Fearlessly:
As you get past your mistake, do not move forward with a sense of fear for making another one. Management expert Peter Drucker explains, "The better a man is, the more mistakes he will make, for the more new things he will try." Communicate that philosophy so that there is no hesitation in your teams efforts for fear of making more errors. That way, when future mistakes do occur, they will be kept in a positive light rather than a burden that weighs everyone down.