A widely cited principle in management theory holds that organizations should "fail fast" — quickly identify and abandon unsuccessful projects so resources can flow elsewhere. Researcher Ondrej Mach reviewed forty case studies and found a more complicated picture. Organizations that institutionalized fast failure often achieved efficiency gains in the short term, but several also became reluctant to pursue projects whose payoffs take years to appear. Speed, Mach concludes, can crowd out patience.
Which choice best states the main idea of the text?
- A
Failing fast is always wrong.
- B
Organizations should never abandon projects.
- Ccheck_circle
Mach's review suggests that 'fail fast' yields short-term efficiency but can erode willingness to pursue long-horizon projects.
- D
Patience is more important than speed.
Explanation
The passage's central claim balances acknowledged gains with a specific cost — B. A, C, and D oversimplify.