Based on work with several big companies and their executives, I can tell that one of the most precious skills necessary for leadership position is ability to recognize own mistakes and being ready to change the track when the direction is wrong

Based on work with several big companies and their executives, I can tell that one of the most precious skills necessary for leadership position is ability to recognize own mistakes and being ready to change the track when the direction is wrong.

If the track is wrong, the sooner you get off at the first station, the better.

Fear, pride or habits should not drive leadership. Great #leadership is not about not making any mistakes, but about noticing them and making corrections.

People will not stop following leaders if they see they are capable of admitting when something went wrong and there is a need to correct the course.

Running a #business, managing an organization, or working as a middle manager means that there will always be situations where bad decisions are made or the strategy doesn't work. In such situations, you have to adapt, make adjustments or even big corrections, and move forward.