Clearly address the failures and their consequences, but follow with a confident image of how you will emerge from them.
What is the confident image?
Being clear-headed about whether a theory or forecast is true or if a particular plan of action is the best or most effective is a state of confidence. Since the Latin word for confidence, fidere, means "to trust," having self-confidence is the same as having faith in oneself. In contrast, hubris or arrogance refers to the quality of believing something or someone is correct or capable despite the lack of supporting data or arguments. Overconfidence is an unrestrained faith in one's ability to achieve, with little consideration for failure. When someone lacks confidence, they may fail or give up because of it, and when someone has confidence, they may succeed because of it rather than an intrinsic talent.
This is because a visionary leader is more focused on long-term goals rather than on short-term failures. Therefore, he needs to address the failures before moving ahead so that the same mistakes will not be repeated.
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