Many consider leadership an art and sometimes that art is imperfect. The market changed and you did not see it coming. That new hire turned out to be all style and little substance. Regardless of the specifics, mistakes happen, and Jason Aten’s article may help you manage them.
Source: INC, October 10, 2020. Link. One of the most challenging parts (of leadership) is that you are ultimately responsible for the way your team and organization performs. Not only that, but you are also accountable.
INSIGHTS: The way you react when you are wrong coaches your team members how to react when they are wrong.