Harish V G

2024-05-23T04:33:46.505Z

In 2015, Ratan Tata admitted his greatest mistake in his 53-year-long career: Branding the Tata Nano as the "cheapest" instead of the most "affordable" car. For most Indians, owning a car is a luxury. Labelling it a "cheap car" ended up losing them close to ₹1,000 crores. But the lesson here is not that he made a mistake; it is that he admitted it. People do not expect perfection from leaders; they expect authenticity and honesty. When you admit to and allow yourself to make mistakes, it creates an environment of transparency and gives you a space to innovate and be creative. This does not mean you can do anything you want but it means be analytical about your decisions. Be responsible enough to know why things did not work out in your favor and how you could have executed better. When was the last time you made a mistake? What did you learn from it?

Mapyourdisease

Joined 18 March 2024

9 Followers

About

Building mapyourdisease.com

Experience

Posts

Replies

No experience has been added yet

Portfolio

No Portfolio added yet

Download the medial app to read full posts, comements and news.