“Furthermore, Japan must be a country where even people who have failed once have ample opportunites to succeed.

The people with the highest ability to succed are those who have once failed. In Silicon Valley, those who have the experience of failing are highly evaluated by investors. This is because those how who have failed understand what they need to improve upon.

I can be completely certain of this, speaking as a Prime Minster who have failed once but is now serving a second time.”

A part of Mr Shinzo Abe, Prime Minister of Japan’s keynote address last Tuesday here at the OECD.

A few things striked me when I heard these statement by PM Abe,

1. It takes guts to admit that you’ve made a mistake, he went a step further and  even said he ‘failed’. And this is the Prime Minister of a country which holds honor so high that they host the practice of hara-kiri. What PM Abe did is nothing short of admirable. Others who who dont hold as siginificant a post find it difficult to admit their mistakes. Worst still hide their mistakes by blaming others.

2. My father says it’s ok to make mistakes, what matters is to not make the same mistake again. I am sure my father gets very annoyed sometimes because I have unfortunately repeated some mistakes in the course of my life, but my father is one who never gives up and never gets tired of giving guidance and advise. He doesnt throw the towel so easily, which is also another admirable trait.

3. What striked me the most is the reflection on the Japanese people,the willingness to give PM Abe a second chance, recognise his mistakes and allow him another try. Another try at curing Japan of the acute economic ailments it has suffered for many years.

PM Abe introduced Abenomics which includes several reform measures meant to regenerate Japan’s economy. And based on recent numbers, Japan is showing signs of economic recovery and growth. Had the Japanese stayed sour about the situation, they would have denied PM Abe the opportunity to save their country’s wealth and economic well being, but they didnt and now they are on the way to reap the benefits.

The willingness to move on and forge forward, is the key lesson I took away.