Strategic planning, maps to future features, and other long-term structured thoughts are great ways to set clear goals and visions on what is our future product. However, planning too much might take away from free-thinking associated with the natural evolution of our product. So, what is the right intersection of planning and evolution?

Technologically, we are right at the tipping point of another burst in scientific advancements; AI, the internet of things (IoT), and the integration of biology with electronic circuitry are just three examples of advancements that might surpass Moore's law of technological advancements. However, until these are fully implemented into our daily lives, we continue to suffer from a limitation on Moore's law. Since we have seen the growth of the computer age, it seems that our latest inventions are mostly gradual improvements of how we pre-form tasks and what technology we use to pre-form it. Fin-tech firms especially have only suggested new improved methods of pre-forming human tasks. Such technologies as RPA, P2P payments and insurance, and Robo Advising are great for incremental advancements but have yet to come up with a revolutionary product.

In my opinion, this stasis is mainly due to the mundane nature of our financial world. Not since the invention of the first derivative instrument in old agricultural weighted France has any real meaningful financial advancement occurred. Money being transferred from one place to another, new loan types, and globalization have advanced our financial systems, but they basically still pre-form the same tasks and move funds from one entity to another.

So, should we plan or not? Should we trust that the future will raise new ideas from customer feedback, or should we plan to what we think the market needs? In my opinion, it should be a combination of both. The creation of a long-term vision is crucial for the advancement of a product, but should be balanced with allowing our Eco-System to define an evolutionary path for our plan goals. This method will allow our brilliant employees to vet all proposed paths to our truePTS solution, even those that were not thought of at first.