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Every leader should know how to lose. Failure is not something they teach you in school; it is something life teaches you. You may experience it on the playground when you get knocked down. Failure may hit you in the form of a failed examination, or a rejection from a university. It strikes us on the job all of the time. We may not get the promotion we think we've earned; or the initiative we are working on, slaving over for months, turns to dust. Failure is part of life. Coping with it is critical to personal development. This paper gives some suggestions.
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