How the update will be forwarded to my Okta tenent??? Suppose a new feature has been enabled as maximum password length is now availible in Okta, now will this be automatically effect my Okta tenent or I have to do something to make the chnages in Okta?
Software is developed through multiple stages of Beta, Early Access and Production, and it progresses through Oktapreview and Okta production cells. The release notes that you can subscribe to or you can browse from the URL provided above will advise you as to the progress of new features and functionality. As the Okta administrator you should review the information given and test new features as they come through the Oktapreview and into production environments so that there are no surprises.
But to your point if there are new capabilities such as an enhanced password length, Okta would not change this within the tenant, we would surface the option (as part of the Okta admin console) so you can adjust the change to meet your own configuration requirements. If its a completely new capability then new tabs or options will be made available in the admin console as normal.