Last updated on Sep 28, 2024

Struggling to balance technical debt and innovation?

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In product engineering, you're often faced with the challenge of balancing technical debt against the need for innovation. Technical debt refers to the future cost of additional rework caused by choosing an easy solution now instead of using a better approach that would take longer. It's like financial debt: taking a shortcut can be tempting, but it accrues interest, making it more difficult to change the system later. Innovation, on the other hand, is the lifeblood of any tech company. It's about staying ahead, being competitive, and meeting customer needs with new and improved products. The tension between managing old debt and forging new paths is a delicate dance that requires strategic thinking and careful prioritization.

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