Retailers have used forms of “trial and error” or “test and learn” for many years, but lately, the term “fail fast” is gaining currency among the nimblest and most forward-thinking operators.
As a successful entrepreneur, I have tried many things, failed at many things, and often taken the long route to success. In my mid-20’s, I found myself homeless and bankrupt after a successful start ...
— -- Let's talk about a word no small business owner or entrepreneur ever likes to utter: "failure." Nobody wants to fail. But some failure is inevitable — at least it is if you ever hope to ...
“Failure isn’t a necessary evil. In fact, it isn’t evil at all. It is a necessary consequence of doing something new.” ― Ed Catmull, Creativity Inc.: Overcoming the Unseen Forces That Stand in the Way ...
It was one of the founding fathers of the USA, Benjamin Franklin, who stated in the mid-1700s that “byfailing to plan, you are preparing to fail”. Fast forward almost 200 years to WW2 and Winston ...
Nobody likes failure and its negative overtones make it unpopular as a topic, but the agile concept of ‘fail fast’ has a subtlety lost on anyone not familiar with agile, lean, and DevOps thinking in ...
Serviceplan Berlin’s Jeannette Bohné celebrates a year in the job in a unique way: With a warts-and-all analysis of her first year at the helm. A year ago, on 1 November 2023 (five days before my ...
An edtech company might offer an outstanding technology that fits with the ethos and strategic direction of an institution, but that is just the start, says John Miles Universities in the UK and ...
In one sense, “failure” can be devastating for a biopharmaceutical company, but by failing early enough, companies can learn lessons, avoid unnecessary expenditures and conserve resources for other, ...