Culture of Accepting Mistakes
Nobody has experience with the situation we are in. Between the war in Ukraine, China shutting down shipping, and the Federal Reserve trying to tame inflation, the business climate is changing rapidly. When things are changing this rapidly, nobody has experience and everyone has the same chances at being right or wrong. All we can do is make a choice and recognize that we are likely to be wrong. We will make mistakes. One way to survive such turmoil is to build a culture that accepts that we make mistakes and can learn from them.
In many cases, the situation calls for radical rethinking of what the business is. We get to question everything. How things were done in the past is interesting, but irrelevant to survival today. The new people in the organization can bring a new viewpoint, a new way of doing things, or new markets that we haven't considered before.
In a rapidly changing situation, old thinking about leadership won't work. There are leaders who think that they have to project an image of strength and never being wrong. But when they are wrong, most times everyone else can see it which destroys their leadership.
A different kind of leadership admits to being wrong. This admission is not weakness, but a different kind of strength. This kind of leader uses their mistakes to help educate the rest of the team. The admission of a wrong can be done by admitting to a mistake, giving the reasons why that mistake was made, and how the leader recognized that it was a mistake. This process helps educate employees and builds better trust.
In a wildly changing situation, taking more chances and more risk is one way to survive. But we will be wrong much of the time. In order to take chances, we have to be able to make some mistakes. We accept our making of mistakes. We make it safe for employees to make mistakes and admit them.
We build a culture of taking risks, making mistakes, recognizing those mistakes, changing, and learning from the experience.
The goal is to have employees that can identify when they have made a mistake, own it, learn from it, and put in place systems to prevent that mistake from happening again. We don't want employees repeatedly making the same mistake over and over again. Repeating the same mistake is learning how to make that mistake, not learning how not to make the mistake.
The worst thing that can happen in a dynamic situation is to not take chances. People who are unable to accept their own mistakes often get left behind.
One part of the old is worth revisiting: any latent "ethical debt". When we have broken our own values, we owe it to ourselves to admit the old mistakes so that we don't find ourselves repeating them one more time.
Mistakes are the way to move forward and we accept that we will make them.