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The concept has been widely employed as a metaphor in business, dating back to at least 2001. [5] It is widely used in the technology and pharmaceutical industries. [2] [3] It became a mantra and badge of honor within startup culture and particularly within the technology industry and in the United States' Silicon Valley, where it is a common part of corporate culture.
The Icarus paradox is a neologism coined by Danny Miller in his 1990 book by the same name. [1] The term refers to the phenomenon of businesses failing abruptly after a period of apparent success, where this failure is brought about by the very elements that led to their initial success.
The cover of The Peter Principle (1970 Pan Books edition). The Peter principle is a concept in management developed by Laurence J. Peter which observes that people in a hierarchy tend to rise to "a level of respective incompetence": employees are promoted based on their success in previous jobs until they reach a level at which they are no longer competent, as skills in one job do not ...
Fail fast may refer to: Fail fast (business), a concept in business management; Fail-fast system, a concept in systems design This page was last edited on 16 ...
According to W.H. Thorpe, the term was devised by C. Lloyd Morgan (1852–1936) after trying out similar phrases "trial and failure" and "trial and practice". [3] Under Morgan's Canon , animal behaviour should be explained in the simplest possible way.
Google CEO urges employees to move faster and ‘stay scrappy’ ahead of pivotal year in AI, report says
Carter was a one-term president, but his achievements — including the Camp David Middle East peace accord and early embrace of environmentalism — have been lauded since his death as presidency ...
The quadripolar model of self-worth theory demonstrates an individual's behaviour under the motivation to protect the sense of self-worth, with the representation of dual motives to avoid failure and approach success. [1] [2] This two-dimensional model proposes four broad types of learners in terms of success oriented and failure avoidant. The ...