Finding the right balance between how you handle success and failure makes a tremendous difference in the motivation level of your team members. There are some simple techniques for celebrating success and dealing with failure. Apply them and you’ll find your team is happier and more effective.

When you lead a high-performing team, you’ll face plenty of situations where you’re dealing with success and failure. Success and failure are part of running a team day to day. You need to recognize and promote “wins” because this is going to build momentum for the team and make them feel like they’re accomplishing great things. When they fail, you need to accept that failure as a learning opportunity and help the team grow.

Celebrating success

There are a lot of great ways to acknowledge success. You can give people bonuses, provide them visibility opportunities, or ensure there’s public recognition of their efforts. You can give people increased responsibilities and even promotions. All of those are very effective ways to celebrate the success of your team members.

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