This research proposal aims to study organizations that have successfully recovered from strategic failures. The researcher will use a qualitative, exploratory methodology. The proposal is divided into three parts: an introduction outlining the problem and literature review, research methodology, and strengths and limitations. The introduction identifies the research problem as understanding the steps successful organizations take to recover from strategic failures that differ from those that do not recover. The literature review examines prior work on strategic failures in organizations and how some recovered while others could not.