How to recover from a bad decision

Knowing how to recover from a bad decision is a crucial skill to have.

Bad board decisions happen. Your board will do its best to avoid them, but sometimes their best efforts may not be enough, and they’ll be forced to utter the dreaded phrase, ‘we messed up.’

Bad choices, massive fallout, missed opportunities; what do you do when you’re in that tricky situation? How do you deal with the impact? Who takes the blame? How can you ensure the mistake doesn’t happen again?

This guide will tell you.