\u00a0Do you sometimes wish you had been given a second chance at something along your career? If so, you\u2019re not alone.\n\n\n\n\n\nIt might have been that failed marketing decision, that new product\n\nlaunch whose demand was underestimated or the career choice where you\n\ntook the wrong fork in the road.\n\nAbout 70 percent of senior executives and managers say they\n\nrecall at least one time that they wish they had been given a second\n\nchance and were not, based on a nationwide survey conducted by NFI\n\nResearch.\n\nAbout a third say they wish they had gotten a second chance two\n\nto three times in the past and a quarter of respondents say they wish\n\nthey\u2019d received a second chance more than four times.\n\n\u201cI guess I have always been lucky to work for organizations in\n\nwhich a second chance was always an option,\u201d said one survey\n\nrespondent. \u201cI\u2019ve been in some that had a zero tolerance for certain\n\nspecific things and those were always clearly identified and did not\n\ncarry over to other areas.\u201d\n\nHowever, there are cases where second chances are not given,\n\nfor various reasons such as following the most important of a company\u2019s\n\npolicies. \n\n\u201cRecently, we had a debacle created by five of our seven top managers,\n\nincluding our COO, not following written process phase exit guidelines\n\nwhich required wet signatures at every step,\u201d said one CEO respondent.\n\n\u201cWhen I discovered that this had gone on for more than six months, I\n\ndid not look at problems with the process but rather with those people\n\nI formerly trusted to do their jobs. As a result, two of these people\n\nare going, the others are getting a second chance and are not too high\n\non my trustometer.\u201d\n\n\n\n\n\nSaid another respondent: \u201cSecond chances are necessary. It is the third and fourth ones that push the limits.\u201d\n\n\n\nSecond chances typically go to those who have a track record and\n\nto those who perform.\n\n\u201cI think second chances in any organization are more likely for\n\nindividuals who have demonstrated success over time and earned the\n\nright to a second chance, third chance or even more,\u201d said one\n\nrespondent. \u201cGood leaders recognize talent and try to find a way to use\n\nthe talent to best advantage, which often requires providing another\n\nchance.\u201d\n\n\u201cIf you know how to handle problems and recognize the potential\n\nneed for a second chance, then it is likely you will get one,\u201d said\n\nanother. \u201cPositioning is everything.\u201d\n\nSaid one respondent: \u201cOther than for\n\nbrand-new employees, you earn second chances by doing a good job along\n\nthe way. If you don\u2019t earn them, don\u2019t expect them.\u201d\n\nWorking in an environment where second chances are more likely\n\nto occur is healthy. In fact, almost 90 percent of survey respondents\n\nsay that the environment in their department or organization is such\n\nthat second chances are likely, with more than a quarter saying they\n\nare extremely likely.\n\n\n\n\n\nInterestingly, the larger the company, the less likely people are to get a second chance, based on the survey.\n\n\n\n\u201cPeople need the opportunity to succeed or fail,\u201d said one\n\nrespondent. \u201cLearning happens through failure (hopefully). If we have a\n\nculture built around learning agility, the odds are our people will\n\ngrow, learn, improve and make our organizations better.\u201d\n\n\u201cI pity organizations that do not allow second chances,\u201d said\n\nanother respondent. \u201cThey will not last long, as mistakes are an\n\nessential part of corporate growth. A willingness to try something that\n\nmay fail is the hallmark of a strong future leader.\u201d\n\nSomeone who has failed the first time around and gets a chance\n\nto do it over just might be the person who becomes charged enough to\n\ntake his or her part of the business to a new level.