A common aspect of human behavior as well as corporate theory is to keep looking at one’s successes and trying to replicate them. There is nothing wrong with that, but it should not stop one from trying to find where one is going wrong. Usually, we think and talk less about our mistakes and more about our successes. People fail because they make mistakes in many things, such as choosing what to do; how to implement it: how to scale; how to sell; how to build; how to hire and so on. If we were to focus on finding our mistakes and on working upon them, we could avoid many failures. It would be helpful to keep asking, what went wrong or what did we do wrong.
In your team too, you should build a culture of mentioning things that could go wrong in the plans for every project, idea, task and initiative. Something always goes wrong in everything. That is natural. The best we can do is to be prepared for eventualities. It will help not only to avoid failures, but also to build a better plan and execution strategy and no one will go into shock if something should actually go wrong.
Every failure is due to a human error. We should try to find out what we did wrong rather than find what went wrong. Documenting the mistakes made in each task and project can help us plan better for the future as well. I suggest that, just as we read the success stories of other companies, we should also read stories of why companies failed.
Written by Rudrajeet Desai