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Additional Posts in Consulting Exit Opportunities
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I’d argue biggest failure answer should be to find something where you executed well against given parameters, but for example, failed to identify an outside force that drove a failure (eg, the project was the right outcome but we didn’t fully understand board dynamics and how they’d play into implementation ). Then specify how you’ve since learned from that failure and factored into successes in other work.
For giving up - best IMO is just to identify where you were smart enough to cut losses / not embark on sunk cost fallacy in killing a project, etc.