For years, failure was seen as taboo in leadership, but the mindset is evolving. Effective leaders now know that failing isn’t final; it’s foundational for growth. Owning failures and using them to improve is a key characteristic of strong leadership, turning setbacks into stepping stones for success.

Failing forward starts with reframing failure itself. Instead of seeing it as a personal flaw, leaders recognize it as a valuable lesson. The most renowned individuals of the past and present, from Oprah Winfrey to Steve Jobs, attribute their success to lessons learned from failure. By admitting their own missteps, leaders model the importance of accountability, creating an environment that encourages creativity.

The true value of failing forward lies in its ability to create change. Every failure provides insights that refine strategies, hones capabilities, and strengthens resolve. Leaders who acknowledge and learn from failure and turn them into chances for improvement motivate and unite their followers. After all, it’s not about avoiding failure entirely—it’s about learning to consulting business rise with greater strength.