During the Wharton India Economic Forum held in Philadelphia on 22 March 2008, former President of India Dr. APJ Abdul Kalam ji was asked a question based on his own experience on how leaders should manage failure . Dr. Abdul Kalam responded: "In 1973, I was appointed project director of India's satellite launch program. Our goal was to put the 'Rohini' satellite into orbit by 1980. I was given all the necessary funds and the talented people I needed." "Several thousand people were involved in this ambitious target and in 1979 we made the launch. Unfortunately the satellite plunged into the Bay of Bengal soon after launch. Professor Satish Dhawan the head of ISRO, (Indian Space Research Organisation) had called a press conference. Through the media he made known to the world that the failure was his responsibility and by the next year they would have the problems solved." "The following year in July of 1980 the satell...
Knowledge with wisdom, positive attitude, and good management skill can unravel any enigma.