3. You are afraid of failure.
If you are afraid of failure, it is doubtful whether you will be able to learn from mistakes. The successful manager has to factor failure in for every project. One good piece of advice is to look at a project before it becomes operational and ask your team to list what could go wrong. This is a great way of identifying possible problems and obstacles and it can help you make adjustments if necessary.
When failure does happen, you have to be ready to react without playing the blame game. Wise tactics include listening, getting feedback and analysing what went wrong. There is some excellent advice along these lines in the book, Managing Yourself: Can You Handle Failure? by Ben Dattner and Robert Hogan.
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Success will not teach you; failure will. This is the bitter lesson that Bill Gates learned when he failed to develop a Microsoft search engine. When he did develop Bing, it was already too late. It had little success and it cost Microsoft more than $2.5 million than it earned in 2011.
“Success is a lousy teacher. It seduces smart people into thinking they can’t lose.” —Bill Gates
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