Addressing decision failure

"Failure is pillar to success". But many times we fail to utilize this. Following are some simple but effective guidelines. I hope it will help you.
Strategy

1. Don't sugarcoat the situation.
Present the facts in a realistic manner.
Don't overestimate the likeliness of recovery.
Explain the consequences in concrete terms.
2. Divorce the failure from the people involved.
Don't think in terms of "blame."
Don't use the names of colleagues and reasons for decision failure in the same breath.
Bear in mind that many decisions fail as a result of pure chance and bad luck.
Also take to heart the notion that people often have less control over decisions and their implementations than you may have assumed.
3. Form a review team.
Compose the team of members most directly affected by the decision failure.
Include participants who have the ability to implement backup plans.