Managers are not perfect, but who ever said that management was about perfection? Management is about a combination of following inexplicable hunches, getting lucky, working hard, and taking risks. Often managers fall on their faces. That’s part of the job. Managers may run all the data through the latest regression analysis software and still screw up the decision. For every great decision, there are hundreds that don’t quite work out. There is a wafer-thin line between success and failure. The division is often barely discernible. Success comes out of the closet and can also emerge from apparent failure.