Recognizing and learning from mistakes is crucial. Embrace mistakes as teaching moments and learn from them. Defending bad decisions is detrimental to organizations. Fail fast and correct mistakes for success. Confronting and unpacking mistakes creates a good culture. Mistakes happen in hiring too, but the goal is to keep improving. Encouraging people to confront their demons and not defend their decisions is powerful. Aim for high conviction and a higher bar. It's difficult but necessary for organizational growth.

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