The document discusses foundational practices for achieving effective observability in serverless solutions. It recommends centralizing telemetry data to allow correlation across distributed systems. It also suggests leveraging native metrics from cloud services and taking a holistic view across all components involved in requests. Key practices include using structured metadata, pushing data rather than scraping, looking for patterns to define alerts, and using observability insights to automate limits and quotas. Tracing is identified as critically important for serverless applications.