EconLearnerEconLearner
  • Business Insight
    • Data Analytics
    • Entrepreneurship
    • Personal Finance
    • Innovation
    • Marketing
    • Operations
    • Organizations
    • Strategy
  • Leadership & Careers
    • Careers
    • Leadership
    • Social Impact
  • Policy & The Economy
    • Economics
    • Healthcare
    • Policy
    • Politics & Elections
  • Podcast & More
    • Podcasts
    • E-Books
    • Newsletter
What's Hot

Credit Scott, Hill and Trump to cancel harmful CFPB regulations

May 14, 2025

The shift to vertical robotics

May 14, 2025

Best health results through transparency

May 14, 2025
Facebook X (Twitter) Instagram
EconLearnerEconLearner
  • Business Insight
    • Data Analytics
    • Entrepreneurship
    • Personal Finance
    • Innovation
    • Marketing
    • Operations
    • Organizations
    • Strategy
  • Leadership & Careers
    • Careers
    • Leadership
    • Social Impact
  • Policy & The Economy
    • Economics
    • Healthcare
    • Policy
    • Politics & Elections
  • Podcast & More
    • Podcasts
    • E-Books
    • Newsletter
EconLearnerEconLearner
Home » Navigating the balance between speed and stability
Innovation

Navigating the balance between speed and stability

EconLearnerBy EconLearnerOctober 11, 2024No Comments4 Mins Read
Navigating The Balance Between Speed And Stability
Share
Facebook Twitter LinkedIn Pinterest Email

Dan Rogers, its CEO LaunchDarkly.

getty

Companies are under tremendous pressure to continue to innovate and deliver software quickly. However, this drive for speed can come at the expense of software stability — but it doesn’t have to.

In technology, the mantra “Move fast and break things” is well understood. However, in today’s landscape, is “breaking things” really necessary?

From the infamous moth that downed Harvard’s Mark II in 1947 to today’s holidays, like this summer’s widespread outage that affected everything from airlines to hotels and banks to hospitals, bugs have always been a danger to computers. Although engineers no longer fight bugs verbatim, the risk of buggy software continues to grow as code output and the pace of innovation pick up and our software systems become more interconnected. This problem is only exacerbated by the belief that breaking things is not only an acceptable part of the process but a necessary one. Is not.

Application of the Basic Principles

It’s time to discard the belief that bugs, crashes, and outages are just part of the software development process. While speed is essential to competitiveness, software failures are not. The reality is that effective risk management practices are critical to sustainable innovation. Not only that, but these practices are already mainstream — your teams just aren’t using them.

To innovate quickly without sacrificing quality, technology leaders need to incorporate some smart risk management practices into their development workflow, starting with a progressive mindset. This means releasing new features to a small group of users first so you can get real feedback while monitoring performance.

Likewise, automated monitoring tools are essential—they help identify performance issues and bugs in real-time so your team can act on them quickly. Instant reset is another necessity; If a new feature ends up causing problems, your teams can quickly roll back to a previous version and keep working. Other features such as targeted segmentation and runtime configuration management can also help contain any issues and prevent them from affecting everyone at once.

Applying these basic principles is standard practice for many global organizations. You and your teams should know what these best practices are, but the real question is: Are you putting them into practice? If not, you could be on the fast track to a title you probably don’t want to see.

Cultivating a Culture of Excellence

However, technology alone is not enough – a cultural change is also required. A corporate culture that prioritizes both speed and readiness is fundamental to sustained and scalable innovation. Organizations that invest in continuous learning and development foster a workforce that is equipped to handle the many complexities of today’s technology landscape. With the right planning, processes and platforms, you can transform your organizational mindset from mindless innovation to thoughtful evolution.

It’s not just large-scale projects that drive this culture. I’m passionate about enabling everyone on our team—whether it’s a marketer or a senior developer—to create and develop great ideas quickly. Our regular Hackathon Moonshots invites anyone in the company to pitch ideas they think will move the needle for us or our customers. These are voted on by a representative section of the company and reviewed for addition to our product roadmap. Rapid growth and development of these insights, using the fundamentals from above, is how we can harness the passion and creativity of our team in a controlled environment.

And just as importantly, as an executive team, we support this dynamic by adhering to core operating principles that emphasize both flexibility and ownership, particularly “Get Your 80/20 Rolling” and “Drive Like an Owner.” These principles guide our managers in promoting a mindset that balances innovation with the need for careful product delivery.

Organizations that are able to balance risk and innovation could reap many benefits. They build a reputation for reliability, attracting and retaining customers who value reliable service. And at the same time, internally, a stable environment boosts employee morale and productivity.

Conclusion

As we continue to adapt to the changes brought about by artificial intelligence and other technological advances, adopting a strategy that includes both the speed of innovation and risk management is no longer optional—it’s vital. By fostering an environment where innovation is balanced with operational excellence, leaders can ensure their organizations “go fast” and thrive in the digital age without breaking the bank.


Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Am I eligible?


Balance navigating Speed stability
nguyenthomas2708
EconLearner
  • Website

Related Posts

The shift to vertical robotics

May 14, 2025

Josh Duhamel opens for men’s health, aging in Hollywood and HRT

May 13, 2025

Java’s independence is now a priority at the board level

May 13, 2025

Trump says the executive order will reduce drug prices by 30% to 80%

May 12, 2025
Add A Comment

Leave A Reply Cancel Reply

Personal Finance

How to Replace a 6-Figure Job You Hate With a Life That You Love

February 10, 2024

How To Build An Investment Portfolio For Retirement

February 10, 2024

What you thought you knew is hurting your money

December 6, 2023

What qualifies as an eligible HSA expense?

December 6, 2023
Latest Posts

Credit Scott, Hill and Trump to cancel harmful CFPB regulations

May 14, 2025

The shift to vertical robotics

May 14, 2025

Best health results through transparency

May 14, 2025

Subscribe to Updates

Stay in the loop and never miss a beat!

At EconLearner, we're dedicated to equipping high school students with the fundamental knowledge they need to understand the intricacies of the economy, finance, and business. Our platform serves as a comprehensive resource, offering insightful articles, valuable content, and engaging podcasts aimed at demystifying the complex world of finance.

Facebook X (Twitter) Instagram Pinterest YouTube
Quick Links
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
Main Categories
  • Business Insight
  • Leadership & Careers
  • Policy & The Economy
  • Podcast & More

Subscribe to Updates

Stay in the loop and never miss a beat!

© 2025 EconLeaners. All Rights Reserved

Type above and press Enter to search. Press Esc to cancel.