Published: 25 April 2018
Analyst(s): Consult the Board Research Team
This summary contains input from sixteen members regarding how they are fostering a "fail-fast" culture within IT where smart failures (e.g., failures that are fast and cheap) are accepted and embraced as a learning opportunity. We begin the summary with an overview of how members view smart failures and whether they actively promote a fail-fast culture today. We then discuss challenges related to embracing a culture of smart failures in individual organizations. From there, we look at members’ strategies for embracing fail-fast culture in their IT organizations. We close with a look at members’ approaches to cultural transformation to embrace a smart-failure culture.
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