A Leader Should Know How to Manage Failure

Here is an article of our Former President of India APJ Abdul Kalam at Wharton India Economic Forum, Philadelphia, March 22, 2008. A Leader Should Know How to Manage Failure Question: Mr Kalam was asked how leaders should manage failure?

Kalam Replied: Let me tell you about my experience. In 1973 I became the  project director of India’s satellite launch vehicle program, commonly  called the SLV-3. Our goal was to put India’s ‘Rohini’ satellite into orbit by  1980. I was given funds and human resources — but was told clearly that  by 1980 we had to launch the satellite into space. Thousands of people  worked together in scientific and technical teams towards that goal.  By 1979 — I think the month was August — we thought we were ready. Read more