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Right now, chances are technical debt is accruing in your business, and it’s crucial to take steps to reduce technical debt. It is not showing up in your monthly variance reports or other accounting controls that your organization depends on for recognizing financial well being or warning signs.  It is also likely that someone in your organization, without explicit or implicit authority or oversight, has taken action or made decisions that have added to the technical debt of your enterprise. In the software industry the term “technical debt”, also known as design debt or code debt, is widely used as a catchall that covers everything from bugs to legacy code, to missing documentation. In Tech Debt 2.0®, we offer an expanded definition that is more contemporary and comprehensive, focusing on tech debt reduction and showing the impact technical debt can have on an organization if it is not actively managed. Financial debt and technical debt share some similarities, as both can impact an organization’s overall health and performance. Development teams must be aware of the risks associated with accruing technical debt and the importance of reducing technical debt, just as they would be with financial debt. Managing technical debt requires disciplined management, leadership, and governance and must be proactively assessed to ensure that the assets you have built or purchased don’t turn into liabilities creating a deficit for your business.
Tech Debt 2.0® will help you understand how this debt occurs, how to reduce technical debt, and how you can communicate the importance of recognizing and managing technical debt throughout your enterprise. The Tech Debt 2.0® book will help your C-suite understand the context of technical debt, the importance of technical debt reduction, and the impact it can have on your overall business performance.


By: Heller Search Associates


The Magic Pen

“There is no wasted motion in this book. He exhibits enough personality during these pages to undercut the inherent dryness of the material.  Michael Fillios has written an invaluable reference book for SMB leadership and there’s enough of a cautionary edge within these pages to give the text an instructive quality.”


“Fillios deserves considerable plaudits for condensing important and often comprehensible issues into a format that glosses over nothing and touches on every aspect of the tech debt concept, how it affects small and medium sized businesses, and how such companies can address those problems.”

Hollywood Digest

“Tech Debt 2.0: How to Future Proof Your Small Business and Improve Your Bottom Line is an invaluable addition to literature of this type and should likely prove to be an ongoing resource for those value this sort of material. It’s safe to assume, as well, that it won’t lose its relevancy any time soon.”

Moby York City

“I find the tone compelling. It isn’t as if Fillios is remaking the writing wheel with this book, but he never adopts the stentorian diction you might expect from such a person. This is a writer who doesn’t want to “talk down” to the reader but speaks to them from a position of respect and with a genuine desire to help.”