Monolithic vs. Iterative Culture

• In compliance-focused areas, establish a clear distinction between aspects of your product that demand absolute accuracy and those that allow for iteration.
• Ensure that core functionalities, especially those involving financial transactions and regulatory compliance, are built with utmost precision and zero tolerance for errors.
• However, other areas of the product can adopt a more flexible and iterative approach, enabling faster learning and adaptation.
• This dual approach prevents a monolithic culture and promotes agility in product development.
• Integrate compliance and legal teams early in the process to ensure creativity and innovation while maintaining compliance.