[This is a guest post a part of "Guest Post Fridays". If you are
interested in guest posting, please let me know in the comments,
and I will contact you.] “Dancoff’s formula, known as the
principle of maximum error, can be stated as follows, Optimum
development occurs when an organism (A Leader) makes the maximum
number of mistakes consistent with survival. In other words, the
more mistakes you make, the closer you become to your best
possible self, providing the mistakes don’t kill you.” The
success and growth of a leader often comes through the leader’s
failure. Getting out there and failing is a factor for success.
I would go one step further and say that “Optimum development
occurs” and success happens through evaluated error and failure.
In order to fail with success a leader needs to evaluate the
failures that happen to themselves and the company. Even though
a leader has the chance to grow and learn during a failure the
truth is that it could affect others. It could have short or
long term consequences