One of the hardest things in life is to know when to keep going and when to move on. On the one hand, perseverance and grit are key to achieving success in any field. Anyone who masters their craft will face moments of doubt and somehow find the inner resolve to keep going. If you …

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It has often been said that failure is the best teacher. In healthy business environments failure is tolerated when it is quickly identified and is rapidly followed by remedies. As leaders it may be useful to be able to identify different types of failure to be able to design strategies to bounce back with even greater resilience.