NO PLAGRISIAM HOW FAILURE BREEDS SUCCESS Case Questions 1. What perceptual problems do managers need to overcome with failures? How can these perceptual problems be minimized? 2. Describe the experiential learning process that companies, mentioned in this case study, apply to learn from their mistakes and failures. A 1-2 page answer to the questions must be submitted by midnight on Sunday of this week. Only papers attached & uploaded in Blackboard will be accepted and graded. Remember to use APA formatting when citing sources. Solution How Failure Breeds Success [Author] [Instructor] [Course] [Date] How Failure Breeds Success 1. What perceptual problems do managers need to overcome with failures? How can these perceptual problems be minimized? It is a fact that even effective managers can present a project which can be failed but if the manager deals the problem with his intellect, then ultimately his failure can give him a huge success as failure breeds success. Success can be found in the learning process which a manger adopts after failure. He can retain his good position by overcoming his failures and by doing good tasks. The manager should be able to acknowledge his mistakes and assure that it will not happen again. Some of the problems which managers need to overcome with failure are: Mismanagement A project can be failed due to the mismanagement of the manager. In this case, the manager can be succeeded by showing his abilities in the next project. He should explain the failure of the project and should take responsibility over his actions. He must accept his errors in the judgment. The manager should outline facts that how he will make other projects successful. Lack of proficiency When a manager faces failure in his project which is supposed to be because of lack of knowledge of that project, he can once again bring that project on to the way to success by addressing the prospective for that project. The manager should explain his areas of mistake and can assure the workers that he will once again bring the project on to the success. Inability to lead Leadership failure may result in the project failure. The manager should be able to gain the confidence and trust of his seniors that he will be able to bring the team work in a project and should explain that he will be able to lead the workers to work cooperatively with each other as a team. Communication Sometimes misunderstanding or other poor communication of the manager with his employees may lead a project towards failure. The managers should develop a communication strategy by which he can contact his workers during a team work. Feedbacks and intentions of the people should be kept in mind to work on the way to success. Ineffectiveness A manager who fails to satisfy his customers or loses his sales may be termed as ineffective. Ineffectiveness may lead to failure; the manager should think on his approaches and should define his key objectives and goals to the company that will h.