Speed Through Iteration Counts

Brett Adcock shares his framework for measuring speed and progress in technology companies, focusing on iteration cycles and meaningful improvements between versions.

Core Philosophy on Speed

  • Speed is fundamental to reducing business risk long-term
  • Longer development cycles don't equal better or safer products
  • Faster iteration allows for:
    • Finding problems sooner
    • More opportunities to fix issues
    • Recursive improvements
    • Better overall product quality

How to Measure Speed

  • Track number of iterations over time
    • Count versions/generations of product released
    • Measure progress between each iteration
    • Examples:
      • Cars: Number of versions over a decade
      • Rockets: Launch iterations and improvements
      • Robots: Different robot generations
      • iPhones: Versions over 15 years

Building for Speed

  • Design entire company structure around speed
  • Eliminate common slowdown factors:
    • No program managers
    • Avoid unnecessary bureaucracy
    • Clear communication across disciplines
    • Minimize use of technical jargon/acronyms

Common Speed Barriers

  • Adding headcount typically slows companies down
  • Board pressure to be "safer" reduces speed
  • Complex communication between different technical disciplines
  • People from slow-paced backgrounds struggling to adapt
  • Misconception that longer development equals better quality

Communication Requirements

  • Must clearly explain complex topics "to a 12-year old on a barstool"
  • Cross-disciplinary teams need common language
  • Avoid insider terminology
  • Focus on fundamental understanding before details
  • Clear communication correlates with true understanding
30:35 - 31:15
Full video: 36:30
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Brett Adcock

Brett Adcock is a technology entrepreneur and founder/CEO of Figure. Figure is an AI Robotics company developing a general purpose humanoid.

In 2023, he founded Cover, an AI security company developing concealed weapon detection systems. Cover’s imaging technology scans students for concealed weapons in K-12 schools in the United States.

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