How failure breeds success
Perceptions are explained to mean an action or belief of a result happening based on the manner in which the surrounding interprets any event that has been experienced or yet to be experienced. Managers in an organization have perceptions that could either be experienced in the organizations. These perceptions are either positive or negative. Perceptions are important to managers because when they are faced with a difficult situation they should diagnose those problems and it will therefore help them overcome failures. Perceptual problems could either be through internal activities in an organization or through influence from external forces (Karniol. Pg, 62)
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Perceptual problems include; individual constructs, which explains that a manager’s understanding on certain issues vary from another manager. A specific trait from a manager is also another perceptual problem which explains how a particular and unique trait could bring out the personality of the manager. Stereotypes are also perceptual problems that explain how information may not mean the same to everyone in an organization.
These perceptual problems could be minimized when managers take action to improve on the perceptual accuracy. Managers are required to be vigilant on certain issues in an organization, they should also maintain a low profile so as to enable subordinates to perform tasks comfortably, managers should also be able to judge out their own biases and this will enable them to minimize perceptual problems and finally managers should evaluate subordinates on objective factors so that they are able to come up with corrective judgments and minimize perceptions. The managers should analyze various aspects such as the behavior of the subordinates and cultural differences which are the core aspects of employee performance (Taki .T. pg, 25).
Failure is therefore a basis of success in an organization and therefore managers should take as many risks as possible. A successful entrepreneur is the one who takes risks. Failure is not bad because it enables an organization to realize their weaknesses that bred failure and therefore evaluate those weaknesses in order to avoid repetition of errors that could breed failure. As the saying goes once bitten twice shy so is failure a basis of working towards success. (Dransfield. Pg, 34)
Some failure could be as a result of poor decision making by the manager under the perceptual framework. These failures are somehow intentional because managers are expected to be qualified to be able to make wise decisions which even though they could be wrong, they will not subject an organization into failure. Therefore failure helps an organization to be observant in their decision and also in the process of working towards achieving those goals.
According to a case study on coca-cola company on their topic during an annual meeting, Neville Isdell points out that the more risks an organization encounters, the more success they cultivate, he further points out that an organization should take failure as a process that encourages regeneration. The CEO therefore convinces the subordinates that he is willing to tolerate any resulting failure.
While some CEOs in organizations adopt the idea from Isdell , some are afraid to take risks and therefore try to evade the risks which is not an easy task in many organizations because employees don’t like taking risks and hence forcing managers to avoid risks. It is therefore evident that many companies are successful because they learn from their mistakes and continue to maintain a strong focus on their performance level.
References
Dransfield, R. (2004). Business for foundation degrees and higher awards. Heineman.
Karniol. (1992). Social preference as preference management. Cambridge university.
Taki, T. T. (2012). Zennovation:An East- West approach to business success. John Wiley & Sons
