This is one of the hard bits we tried to tackle by producing the
CNCF Platform Maturity Model.
IMO your question itself sets out the most balanced option. You asked about implementing the "practice". When you're small, you're likely to benefit from the more ad hoc and loose structure of the provisional stage of the model. But by knowing what good looks like further along, you can prioritise investing in the practices and methodologies that will grow into more operable and scalable solutions as you need them.
This pattern sounds a lot like
@Kuba Holak 's experience. I'd love to hear more about how you walked the line of investment to have your success Kuba!