builder.au: 10 tips for leading your team to peak performance:
There are times when failed initiatives will expose the weaknesses of certain employees, but there are plenty of times when you have good employees working on projects that simply don’t pan out. Figuring out the difference between those two scenarios is part of becoming a good manager. If it’s a good person on a bad project, the person who was running the project isn’t any less talented because the project didn’t materialise. So make sure you use the project as a learning experience and reassign the person to something new without excessive hand-wringing. Otherwise, you will make your employees overly risk-averse, and they will be reluctant to jump into the next big project or to make bold moves when managing the project.
Bruce MacEwen writes about the McKinsey Quarterly’s 
