How can a leader fail? Tell me about a time when you failed as a leader.
A leader can fail when they can’t get their team on board with the goals of the organization. Factors outside of a leader’s control may also lead to failure such as available resources, time constraints, and the economy.
In the example you give, make sure that you talk about how dealt with a difficult challenge and how you analyzed the setback. Make sure you explain how to seek honest feedback to ensure that you learned from the failure.