Hondo's Got Your Back.

Position:UP FRONT

Hondo Geurts, the Navy's acquisition chief, is asking his personnel to take risks. If they don't, it ends up as a bad mark on their performance review. Program managers must take on a major initiative each year that has at least a 50 percent chance of failing, he said on a YouTube program CXOTalk.

He doesn't like the term "fail fast," though. "I like the term 'learn fast,'" he said.

"We're not here to fail, but we are here to learn," he said. Personnel in a risk-adverse culture such as...

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