Fail-fast
Fail fast may refer to: * Fail fast (business), a concept in business management * Fail-fast system In systems design, a fail-fast system is one that immediately reports at its interface any condition that is likely to indicate a failure. Fail-fast systems are usually designed to stop normal operation rather than attempt to continue a possibly f ...

Fail Fast (business)
Fail fast, also sometimes termed fail often or fail cheap, is a business management concept and theory of organizational psychology that argues businesses should encourage employees to use a trial-and-error process to quickly determine and assess the long-term viability of a product or strategy and move on, cutting losses rather than continuing to invest in a doomed approach. It is an element of some organizations' corporate culture, particularly in the technology industry and in the United States' Silicon Valley. A key rationale is that a failure is discovered before significant investment, at the earliest opportunities in an effort. The associated practices are designed to identify concerns before launching extensive research and development, and long before a release or rollout. Sometimes misunderstood as encouraging unmitigated failure, an essential tenet is "Principle 4: Contain the downside risk—fail cheaply." The implied promise to employees is that the consequences o ...
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