Food for Agile Thought #354: Agile Forecasting, Winning Product Strategies, Measuring Trust

TL; DR: Agile Forecasting, Winning Product Strategies — Food for Agile Thought #354

Welcome to the 354th edition of the Food for Agile Thought newsletter, shared with 35,689 peers.

This week, we analyze agile forecasting challenges in epic breadth, from avoiding story points to rolling wave forecasts. Also, we illustrate and quantify the impact of unfinished work to help you convince your team to ‘stop starting and start finishing,’ and we delve into decision-making practices as a group, from reversible to expensive or irreversible decisions.

Then, we listen to Lenny Rachitsky interviewing Melissa Perri on what to do when your strategy is not working: what are the signs, and how can you change direction? Moreover, we point out that ‘most strategies are a collection of assumptions,’ from certainty levels to competitor behavior. Also, we enjoy ten video clips expressing precisely that product/market-fit feeling Marc Andreessen described years ago.

Finally, we share strategies to identify and work through design and engineering conflicts and a more innovative framework to apply the ‘rocks, pebbles, and sand’ lesson. Lastly, McKinsey claims to have identified ‘four types of behavior that account for 89 percent of leadership effectiveness.’ This brings us to Deloitte Insights, exploring whether you can measure a ‘hidden — yet increasingly critical — key performance indicator:’ trust.

Did you miss the previous Food for Agile Thought’s issue 353?

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🏆 The Tip of the Week: Agile Forecasting

John Coleman agility chef, PKT, PST, LSFT (via InfoQ): Talking About Sizing and Forecasting in Scrum

John Coleman analyzes the challenges of agile forecasting in epic breadth, from avoiding story points to rolling wave forecasts.

Source: InfoQ: Talking About Sizing and Forecasting in Scrum

Author: John Coleman

➿ Agile & Scrum

Agile PainRelief Consulting-Founder Mark Levison: Why are Group Decision-making Techniques Important?

Mark Levison delves into decision-making practices as a group, from reversible to expensive or irreversible decisions.

Source: Why are Group Decision-making Techniques Important?

Author: Mark Levison

(via Smashing Magazine): Resolving Conflicts Between Designers And Engineers

Scott Himmer shares strategies to identify and work through design and engineering conflicts.

Source: Smashing Magazine: Resolving Conflicts Between Designers And Engineers

(via McKinsey & Company): What is leadership?

McKinsey claims to have identified ‘four types of behavior that account for 89 percent of leadership effectiveness.’

Source: McKinsey & Company: What is leadership?

🎓 🖥 💯 🇬🇧 Hands-on Agile #44: Honey, I Shrunk the Backlog with Allan Kelly — September 5, 2022

The backlog was a great idea until it wasn’t. Many successful teams deliver backlog items daily, but their backlogs aren’t getting any smaller. The never-ending backlog overshadows delivery success. Product discovery, dual-track agile, OKRs, etc., make it worse by accelerating backlog growth without taking any of the rotting items away.

Worst of all, doing the backlog distracts from delivering benefits to the customers and responding to change. So what are we to do?

In this presentation, Allan “Nuke the backlog” Kelly suggests you rethink the very idea of the backlog and rebuild your agile process around outcomes. You have nothing to lose by your burn-down charts.

RSVP now and join 180-plus peers — seats are limited: 🖥 💯 🇬🇧 Honey, I Shrunk the Backlog with Allan Kelly — September 5, 2022

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🎯 Product

🎙 Lenny Rachitsky and Melissa Perri: How to create a winning product strategy

Lenny Rachitsky interviews Melissa Perri on what to do when your strategy is not working: what are the signs, and how can you change direction?

Source: 🎙 How to create a winning product strategy

Authors: Lenny Rachitsky and Melissa Perri

John Cutler: Words Matter — Strategy & Certainty

John Cutler points out that ‘most strategies are a collection of assumptions,’ from certainty levels to competitor behavior.

Source: Words Matter — Strategy & Certainty

Author: John Cutler

📺 🍿 CJ Gustafson: What Product Market Fit Feels Like

CJ Gustafson admits that Marc Andreessen was right: PMF is a feeling. Enjoy ten video clips expressing precisely that feeling.

Source: 📺 What Product Market Fit Feels Like

Author: CJ Gustafson

📯 No Sprint Goal, No Cohesion, No Collaboration — Making Your Scrum Work #26

There are plenty of failure possibilities with Scrum. Given that Scrum is a framework with a reasonable yet short “manual,” this effect should not surprise anyone. For example, what if there is no Sprint Goal — Sprint after Sprint? What if the Scrum team is always only working on a random assortment of work items that seem to be the most pressing at the moment of the Sprint Planning?

Join me and delve into the importance of the Sprint Goal for meaningful work as a Scrum team in less than two minutes.

Learn more: No Sprint Goal, No Cohesion, No Collaboration — Making Your Scrum Work #26.

🛠 Concepts, Tools & Measuring

Lucas F Costa: How finishing what you start makes teams more productive and predictable

Lucas F Costa illustrates and quantifies the impact of unfinished work to help you convince your team to ‘stop starting and start finishing.’

Source: How finishing what you start makes teams more productive and predictable

Author: Lucas F Costa

Jason Cohen: The practical application of ‘Rocks, Pebbles, Sand’

Jason Cohen shares a framework to apply the ‘rocks, pebbles, and sand’ lesson smarter.

Source: The practical application of ‘Rocks, Pebbles, Sand’

Author: Jason Cohen

(via Deloitte Insights): Can you measure trust within your organization?

Deloitte Insights explores managing a ‘hidden — yet increasingly critical — key performance indicator.’

Source: Deloitte Insights: Can you measure trust within your organization?

✂️ Cutting Room Floor

Seth Godin: How long will this take?

Seth Godin elaborates on forecasting.

Source: How long will this take?

Author: Seth Godin

📅 Training Classes, Meetups & Events 2022

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🗞️ Last Week’s Food for Agile Thought Edition

Read more: Food for Agile Thought 353: Sales vs. Product, Minimum Viable Transformation, User Story Mapping Guide, Pivot or Persevere?

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Food for Agile Thought #354: Agile Forecasting, Winning Product Strategies, Measuring Trust, What Product Market Fit Feels Like was first published on Age-of-Product.com.

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Stefan Wolpers

Stefan Wolpers

I have worked for 16-plus years as anScrum Master, Product Owner, and agile coach. Professional Scrum Trainer (PST) with Scrum.org.