52sec snip

One Knight in Product cover image

Paying Off Your Organisation’s Human Debt Through Agility & Psychological Safety (with Duena Blomstrom, Founder & CEO @ People Not Tech)

One Knight in Product

NOTE

Managing Debt: A Parallel with Tech Debt

Debt, whether financial or tech-related, can be categorized into good and bad debt. Good debt is akin to a mortgage, while bad debt is more similar to a credit card with high-interest rates. Just like financial debt, tech debt also requires a priority order for repayment; otherwise, interest payments, in the form of increased costs and decreased productivity, will accumulate over time. The key lies in understanding the necessity of paying off all types of debt to avoid being overwhelmed by its burden.

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