Today's business climate guarantees that almost everybody will take some hits sooner or later. Ironically, some of those who scream loudest for respect and empowerment are the first to yield to someone else the power and responsibility for healing their own emotional wounds. Realistically, both organizations and the people in them are better off rewarding employees who can cope with adversity. Workers should show the same self-confidence and energy to their employer that they would show on a job interview. It is a two-way street.
Management does have an obligation to support individual or group efforts at maintaining morale.
But management is not supernatural or even superhuman. It cannot know the right way to sooth every worker's feelings. It cannot prevent mistakes or correct them before anyone feels the impact. On the other hand, workers can depersonalize situations they can't control. Keeping up morale is far easier for people who have mastered every aspect of their jobs and then some.