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A Leader Should Know How To Manage Failure'

(Former President of India APJ Abdul Kalam at Wharton India Economic forum, Philadelphia, March 22,2008)

Question: Could you give an example, from your own experience, of how
leaders should manage failure?
Kalam: Let me tell you about my experience. In 1973 I became the project
director of India's satellite launch vehicle program, commonly called the
SLV-3. Our goal was to put India's "Rohini" satellite into orbit by 1980. I
was given funds and human resources -- but was told clearly that by 1980 we
had to launch the satellite into space. Thousands of people worked together
in scientific and technical teams towards that goal.
By 1979 -- I think the month was August -- we thought we were ready. As the
project director, I went to the control center for the launch. At four
minutes before the satellite launch, the computer began to go through the
checklist of items that needed to be checked. One minute later, the
computer program put the launch on hold; the display showed......


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Approximate Word Count: 466
Approximate Pages: 2 (250 words per double-spaced page)

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