Hindsight's 20/20. Tsarist Russia might have been politically creaky but economically exploding, mostly due to foreign investment until WWI pushed it over the cliff.
IMO Kerensky or some other government embracing a more gradual industrialization and growing the internal economy away from feudally-owned plantations and mining being the main earners to exporting finished goods in a system of international trade with decent alliances and ties to most major nations would've been a much less tragic nightmare for the Russians and other peoples.
It ain't easy.
It would've taken decades to get the process rolling and
since Russia skipped light industrialization and commercial banking, not to mention all the fun economic and political things Western Europe developed and ran with from 1600-1915 that Russia only got piecemeal, Stalin's heavy industrial utopia was a disaster.
The problem was that the folks wanting revolution most were Western-educated or very heavily tied to Western institutions, understood the technologies and political theories and wanted to Xerox all that to Russia without addressing the social and economic underpinnings of Western progress.
Russia wasn't alone in a checkered campaign of trying to reform itself during the 1800's- the Ottomans next door tried many of the same strategies of adopting Western technologies but not allowing society to change accordingly.
The Russian peasant or industrial worker fresh off the farm was so pissed about being disposable labor at the negligible mercy of landlords, moneylenders, and tsarist recruiting sergeants that they wanted to smash the system, redistribute land and didn't think too hard about what followed.
When the Bolsheviks came out with the slogan "Bread and Peace", it was compelling argument after nearly fifteen years of Tsarist failure and casualties from the Russo-Japanese War on.
LSS, you needed to avoid the Russian populace completely losing faith in liberal politics or reforms to get and things moving in the right direction.
My POD would be the KaDets (Constitutional Democrats) actually pulling a Meiji-level social transformation in 1905.
I've mentioned before how foreign investment was powering a lot of Russian development-- railroads and mines and power companies and so forth, that might have gotten an official OK from corrupt officials lining their pockets but weren't something understood or particularly supported by the local populace.
In essence, I see Russians doing what Taiwanese, Koreans, and Japanese did which was adopt the technologies and management principles, make the social reforms, and Westernize over three generations. The results of same would make you blush in prosperity, technical progress, and overall.