How good leaders defy the downcycle

11/18/2010 | Seth Godin's Blog

When a mistake is made, nerves get rattled, the stakes go up and more mistakes are made. Such "downcycles" may be natural, Seth Godin writes, but they aren't pre-ordained. The best leaders don't just endure the downcycle; they turn it around and transform it into something positive. "Someone who gets better whenever he fails will always outperform someone who responds to failure by getting worse," he writes.

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