"Technical Debt and Its Consequences," with Wayne Sadin
"Technical Debt and Its Consequences," with Wayne Sadin

Technical Debt and Its Consequences | Sadin on Digital

287 0

Sadin on Digital” episodes explore the fast-changing and high-stakes world of digital business. Wayne Sadin and I focus in particular on what CEOs and boards must do to lead their companies successfully into the Digital Age. Today, we dive deeper into a topic we’ve touched on a couple times before: “technical debt.” Through some evocative metaphors, Wayne explains why it matters—and how to avoid it building up.

Episode 8

In this episode: Wayne and start with definitions. Should we understand technical “debt” in the financial sense? Or in a more theoretical sense, the result of failing to make the necessary investments to keep up with modern technology? Wayne says it’s the latter. The bottom line: technical debt keeps you from delivering and executing on all the business strategies that leaders want and need.

We then talk through some examples. Wayne recalls a CEO who said, “My Windows XP computer boots up every day—so what’s wrong?” To Wayne, this CEO’s computer was like a P-51 Mustang fighter plane from WWII. Yes, Wayne says, the CEO could stick with his outdated machine—but, like a P-51 going head-to-head against a Chinese MiG, it comes with great risks. Who do you think would win? Hackers, Wayne says, are the new MiGs.

Finally, Wayne puts a plug in for the Digital Directors Network run by Bob Zuckis at USC. Membership is free for board-qualified technology and cybersecurity experts and corporate directors who want to develop their digital diversity skills in the corporate boardroom.

You can also stream the audio-only version of this episode:

Thanks for watching! For more like this, we recommend:

Stream more recent episodes of Sadin on Digital

Follow Wayne on Twitter and LinkedIn for more valuable insights into digital strategy.

Cloud Wars Live Digital All-Stars

Wayne Sadin is one of our regular Digital All-Stars. The All-Stars are experts whose video podcasts will focus on the critical themes shaping (and re-shaping!) the business world here in the digital age of 2019. Our intention is to provide regular chunks of timely ideas and insights about high-priority subjects from industry veterans with diverse backgrounds.