Alan Quasha Business World

Alan Quasha, a well known businessman who is the founder, president and CEO of Quadrant Management, offers insight to the art of making mistakes in an article on Forbes.com.  He explains that mistakes are constructive, and even essential, for growth within the business world.  While we are trained not to make mistakes, and to fear mistakes, Quasha explains that mistakes lead to growth and integrity.

We have to learn to admit our mistakes, to examine them, and to learn from them.

As Quasha says so eloquently, “There can actually be a certain magic to mistakes, because if we consider in advance that we are likely to make them, we are then free to face mistakes early and treat them primarily as information we can share with others as we seek to improve the next decision and set a company–or our lives–upon the path to a sound strategy.”

Alan Quasha and Quadrant Management take the role of principals in restructuring situations, rather than consultants or advisers. As Alan Quasha explains, they restructure companies with ownership in mind since the process of restructuring usually necessitates fundamental changes to the business as well as creating a new business strategy for the future of the business. Thirty years ago, when Mr. Quasha first began restructuring companies, it was not profitable to act as an agent or adviser in a restructuring of a business. Therefore Alan Quasha got involved in this business as a principal, a decision based on need which turned out to be the best way to conduct this kind of business process.