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Fail Fast (business)
Fail fast, also sometimes termed fail fast, 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 release or rollout, to prevent larger losses incurred from a failed final product and the resulting loss of reputation and trust. The implied promise to employees is that the consequences of failure, if recognized quickly, would not negatively affect a person's position, job or career; a key component of a successful approach requires a corporate culture that not only tolerates but actively encour ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Administration
Business administration, also known as business management, is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising the business operations of an organization. From the point of view of management and leadership, it also covers fields that include office building administration, accounting, finance, designing, development, quality assurance, data analysis, sales, project management, information-technology management, research and development, and marketing. Overview The administration of a business includes the performance or management of business operations and decision-making, as well as the efficient organization of people and other resources to direct activities towards common goals and objectives. In general, "administration" refers to the broader management function, including the associated finance, personnel and MIS services. Administration can refer to the bureaucratic or operational performance of ro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Metaphor
A metaphor is a figure of speech that, for rhetorical effect, directly refers to one thing by mentioning another. It may provide (or obscure) clarity or identify hidden similarities between two different ideas. Metaphors are often compared with other types of figurative language, such as antithesis, hyperbole, metonymy, and simile. One of the most commonly cited examples of a metaphor in English literature comes from the " All the world's a stage" monologue from '' As You Like It'': All the world's a stage, And all the men and women merely players; They have their exits and their entrances And one man in his time plays many parts, His Acts being seven ages. At first, the infant... :—William Shakespeare, '' As You Like It'', 2/7 This quotation expresses a metaphor because the world is not literally a stage, and most humans are not literally actors and actresses playing roles. By asserting that the world is a stage, Shakespeare uses points of comparison between the world a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Move Fast And Break Things (motto)
Meta Platforms, Inc., (file no. 3835815) doing business as Meta and formerly named Facebook, Inc., and TheFacebook, Inc., is an American multinational technology conglomerate based in Menlo Park, California. The company owns Facebook, Instagram, and WhatsApp, among other products and services. Meta was once one of the world's most valuable companies, but as of 2022 is not one of the top twenty biggest companies in the United States. It is considered one of the Big Five American information technology companies, alongside Alphabet, Amazon, Apple, and Microsoft. As of 2022, it is the least profitable of the five. Meta's products and services include Facebook, Messenger, Facebook Watch, and Meta Portal. It has also acquired Oculus, Giphy, Mapillary, Kustomer, Presize and has a 9.99% stake in Jio Platforms. In 2021, the company generated 97.5% of its revenue from the sale of advertising. In October 2021, the parent company of Facebook changed its name from Facebook ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chaos Monkey
Chaos engineering is the discipline of experimenting on a system in order to build confidence in the system's capability to withstand turbulent conditions in production. Concept In software development, a given software system's ability to tolerate failures while still ensuring adequate quality of service—often generalized as ''resiliency''—is typically specified as a requirement. However, development teams often fail to meet this requirement due to factors such as short deadlines or lack of knowledge of the field. Chaos engineering is a technique to meet the resilience requirement. Chaos engineering can be used to achieve resilience against infrastructure failures, network failures, and application failures. Operational readiness using chaos engineering Calculating how much confidence we can have in the interconnected complex systems those put into production environment requires operational readiness metrics. Operational readiness can be evaluated using chaos engineer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jeff Bezos
Jeffrey Preston Bezos ( ;; and Robinson (2010), p. 7. ''né'' Jorgensen; born January 12, 1964) is an American entrepreneur, media proprietor, investor, and commercial astronaut. He is the founder, executive chairman, and former president and CEO of Amazon. With a net worth of US$114.5 billion as of November 2022, Bezos is the fourth-wealthiest person in the world and was the wealthiest from 2017 to 2021 according to both Bloomberg's '' Billionaires Index'' and ''Forbes''. Born in Albuquerque and raised in Houston and Miami, Bezos graduated from Princeton University in 1986. He holds a degree in electrical engineering and computer science. He worked on Wall Street in a variety of related fields from 1986 to early 1994. Bezos founded Amazon in late 1994 on a road trip from New York City to Seattle. The company began as an online bookstore and has since expanded to a variety of other e-commerce products and services, including video and audio streaming, cloud computing, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amazon (company)
Amazon.com, Inc. ( ) is an American multinational technology company focusing on e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. It has been referred to as "one of the most influential economic and cultural forces in the world", and is one of the world's most valuable brands. It is one of the Big Five American information technology companies, alongside Alphabet, Apple, Meta, and Microsoft. Amazon was founded by Jeff Bezos from his garage in Bellevue, Washington, on July 5, 1994. Initially an online marketplace for books, it has expanded into a multitude of product categories, a strategy that has earned it the moniker ''The Everything Store''. It has multiple subsidiaries including Amazon Web Services (cloud computing), Zoox ( autonomous vehicles), Kuiper Systems (satellite Internet), and Amazon Lab126 (computer hardware R&D). Its other subsidiaries include Ring, Twitch, IMDb, and Whole Foods Market. Its acqu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BetaNews
eFront was an affiliate marketing network which purchased successful websites, such as ''Penny Arcade,'' SquareGamer, and BetaNews, and pooled traffic to those sites to command higher prices for advertising during an industrywide ad revenue slowdown. In 2001, there was a scandal when ICQ instant messaging logs between the CEO Sam P. Jain and other employees were leaked onto the internet through Fuckedcompany.com. The logs detailed activities such as not paying websites that had hosted their banner ads, sending legal threats to websites that spoke poorly of eFront, and threatening to "rape her and spit on her" (referring to a female webmaster angry about not receiving her check from the company). The logs also detailed how eFront attempted to hire, though never ended up paying, Something Awful founder and webmaster Richard "Lowtax" Kyanka, ostensibly to have him generate a positive buzz for the company. Richard Kyanka stated during a presentation at the University of Illinois i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Autodesk
Autodesk, Inc. is an American multinational software corporation that makes software products and services for the architecture, engineering, construction, manufacturing, media, education, and entertainment industries. Autodesk is headquartered in San Francisco, California, and has offices worldwide. Its U.S. offices are located in the states of California, Oregon, Colorado, Texas, Michigan, New Hampshire and Massachusetts. Its Canada offices are located in the provinces of Ontario, Quebec, and Alberta. The company was founded in 1982 by John Walker, who was a coauthor of the first versions of AutoCAD. AutoCAD, which is the company's flagship computer-aided design (CAD) software and Revit software are primarily used by architects, engineers, and structural designers to design, draft, and model buildings and other structures. Autodesk software has been used in many fields, and on projects from the One World Trade Center to Tesla electric cars. Autodesk became best known f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carol Bartz
Carol Ann Bartz (born August 28, 1948) is an American business executive, former president and CEO of the internet services company Yahoo!, and former chairman, president, and CEO at architectural and engineering design software company Autodesk. Early life and education Bartz was born in Winona, Minnesota, the daughter of Shirley Ann (née Giese) and Virgil Julius Bartz. Her mother died when Carol was eight years old. A few years later, she and her younger brother, Jim, moved from Minnesota across the Mississippi River to the home of their grandmother, Alice, on a dairy farm near Alma, Wisconsin.Krismann, Carol. Encyclopedia of American Women in Business', page 59 (Greenwood Publishing Group 2005).Malone, Michael. Betting it All', pages 112 and 117 (John Wiley and Sons 2001). In high school, Bartz did well in mathematics, and was also homecoming queen. She began college at William Woods University in Fulton, Missouri, and subsequently transferred to the University of Wiscons ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New Yorker
''The New Yorker'' is an American weekly magazine featuring journalism, commentary, criticism, essays, fiction, satire, cartoons, and poetry. Founded as a weekly in 1925, the magazine is published 47 times annually, with five of these issues covering two-week spans. Although its reviews and events listings often focus on the cultural life of New York City, ''The New Yorker'' has a wide audience outside New York and is read internationally. It is well known for its illustrated and often topical covers, its commentaries on popular culture and eccentric American culture, its attention to modern fiction by the inclusion of short stories and literary reviews, its rigorous fact checking and copy editing, its journalism on politics and social issues, and its single-panel cartoons sprinkled throughout each issue. Overview and history ''The New Yorker'' was founded by Harold Ross and his wife Jane Grant, a ''New York Times'' reporter, and debuted on February 21, 1925. Ros ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Startup Company
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship refers to all new businesses, including self-employment and businesses that never intend to become registered, startups refer to new businesses that intend to grow large beyond the solo founder. At the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to be successful and influential.Erin Griffith (2014)Why startups fail, according to their founders Fortune.com, 25 September 2014; accessed 27 October 2017 Actions Startups typically begin by a founder (solo-founder) or co-founders who have a way to solve a problem. The founder of a startup will begin market validation by problem interview, solution interview, and building a minimum viable product (MVP), i.e. a prototype, to develop and validate their business models. The startup process can take a long period of time (by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Badge Of Honour
The Badge of Honour, accompanied by the King's Certificate and Badge of Honour, is a civil award previously presented by the governments of British colonies and protectorates, and now by British Overseas Territories, to recognise loyal and valuable service by native chiefs and other non-European dignitaries. The Badge of Honour and Certificate continue to be awarded for meritorious services to the local community of an exceptional or outstanding nature in Gibraltar, the Falkland Islands, the Cayman Islands, Bermuda and St Helena. The decoration has occasionally been awarded to Europeans. For example, the New Hebrides version of the Badge of Honour was awarded to the Duke of Gloucester and two British Army officers, including Colonel (later Field Marshal the Lord) Guthrie, for their role in the so-called 'Coconut War' of 1980. Different versions There are two distinct types of badge, one for African territories established in 1922, and a non-African version, awarded since 1926. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
