Feels Like Saving Money | Actually Saving Money |
---|---|
Encouraging everyone to work late | Promoting work-life balance to avoid burnout and low morale |
Keeping compensation as low as possible | Compensating employees such that they choose to stay, reducing churn |
Using the free version of Slack forever | Paying for Slack so that you have a valuable and searchable knowledge base |
Building up your engineering team to focus on product development | Building up DevOps and QA orgs within engineering to deliver stable product iterations, faster |
Compiling code on local machines | Developing a build farm to shrink compile times |
Buying a few cheap servers to run your tools and services | Using a public cloud to provide extensible managed compute and storage |
Infrequent team lunches or outings | Frequent team building experiences that contribute to a strong culture |
Having an engineer build, package, test, and ship your code | Automating code testing and delivery |
Renting a small office space | Renting offices with space for people to get meetings rooms when they need and space to focus without distractions |
Choosing the cheaper tier of internet connection speeds for the office | Getting internet fast enough to enable video conferencing and virtual meetings |
Packing features into your MVP | Only testing the riskiest assumption about your new product first |
Using your engineering team to build your whole tech stack | Purchasing software or services and adopting supported Open Source to focus development on your business's value |
Using engineering to work through all issues with your tech stack | Buying support and training to unblock your engineering teams and reduce bugs |
Shipping a new feature quickly as possible, testing be damned | A culture of test driven development that keeps customers happier |
Using a cheap, unintuitive, and slow work tracker | Buying Jira or another quality work tracker to help teams organize, understand, and prioritize the backlog |
Hiring a few managers to cover many people and teams | Hiring more managers to shephard the work of teams and the careers of the team members |
Offering meager benefits | Setting up robust healthcare, parental leave, wellness benefits and other perks that your competitors have |
Making sure everyone is working on what your expect them to, all the time | Defining expected outcomes and time boxes but letting teams figure out how to achieve them |
Policing the office attendance of your employees | Giving your employees freedom to work flexibly, targeting outcomes instead |
Directing engineers to do all the requirements gathering | Hiring Product Management to understand customer needs and find product-market fit |
Buying as few servers as possible | Buy more servers to throw compute power at time intensive tasks, freeing up engineers |
Cancelling the monthly ice cream party | Inexpensive rituals or events that keep everyone positive and having fun |
Created
October 16, 2019 15:07
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Feels Like Saving Money vs Actually Saving Money
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