Understanding and Tackling Technical Debt

Insights from a CTO Roundtable

Understanding and Tackling Technical Debt

Introduction

In a recent roundtable hosted by OB Collective, several Chief Technology Officers (CTOs) gathered to discuss the ever-pertinent issue of technical debt. The term, coined by software developer Ward Cunningham, refers to the implied cost of additional rework caused by choosing an easy solution now instead of using a better approach that would take longer. As technology evolves, so does the complexity of managing this debt. Here are some key insights from the discussion.

What is Technical Debt?

Technical debt can feel like a barrier to further development. It often arises from temporary solutions or product advancements that are not revisited for optimisation. It was discussed that while low-code solutions can accelerate development, they are also a quick way to accumulate technical debt. Additionally, old work that is no longer strategic can hinder rapid development, acting as a significant obstacle. Importantly, technical debt is not always about code; it can encompass architecture, processes, documentation, and more.

Key points on technical debt include:

Recognising Technical Debt

Identifying technical debt is crucial for managing it effectively. The CTOs shared several indicators:

Getting Time to Address Technical Debt

Addressing technical debt requires buy-in from stakeholders. Strategies discussed include:

Actually Addressing the Debt

Once identified, addressing technical debt can follow different approaches:

The Hidden Costs of Delaying Tech Debt Management

There’s a Charlie Munger quote: “A company that needs a new machine tool but hasn’t bought it is already paying for it in lost productivity and inefficiency.” Similarly, delaying the management of technical debt incurs hidden costs that can impact the company’s overall performance.

Minimising Technical Debt

Preventing technical debt from accumulating is as important as managing existing debt. During the roundtable, we discussed some preventive measures:

A heat map of bugs and issues can help monitor the state of technical debt, providing a visual tool to prioritise areas needing attention.

Conclusion

Technical debt is an inevitable part of software development, but with careful management and strategic planning, it can be controlled. The insights from our CTO roundtable provide valuable guidance on recognising, tackling, and minimising technical debt. By staying vigilant and proactive, organisations can ensure that technical debt does not hinder their growth and innovation.