TL; DR: Novelty Uncertainty — Food for Agile Thought #355
Welcome to the 355th edition of the Food for Agile Thought newsletter, shared with 35,721 peers. This week, we delve into dealing with novelty uncertainty by acquiring knowledge as we move forward in a process at the heart of all agile practices. Moreover, we analyze the mechanics of how innovation moves from the fringes to the core of an organization, and we explain Richard Feynman’s seven “tricks for evaluating information.” Also, we lay out the challenges and opportunities of distributed teams, from ‘management by talk around’ to tools and practices.
Then, we explore ways of “how to go from charts and numbers to a story that will move your stakeholders” and share the principles of how engineering and product collaborate at Intercom for the benefit of customers, for example, by involving the engineers from the start. Additionally, we explore the general relationship between engineering and product management and share lessons learned, for instance, earn respect first as a product manager before you become technical.
Finally, we thank IT Revolution Press for attempting to explain the practice of creating Wardley Maps. Noorisingh Saini leads us through calculating, interpreting, and improving the lifetime value of your SaaS customers, while Natalie Rothfels, Ely Lerner, and Behzod Sirjani bust customer churn myths, from its supposed unavoidability to wrong assumptions. Lastly, Greg Satell points to a typical disadvantage of large organizations regarding innovation: “it’s often just easier to fall in line than to engage in vigorous debate.”