TL; DR: Beneficial Pre-Mortems, Scaled Feature Factories — Food for Agile Thought #347
Welcome to the 347th edition of the Food for Agile Thought newsletter, shared with 35,417 peers. This week, we delve into five success-critical topics for every product manager, from the benefits of pre-mortems to prioritizing your time to ROI and opportunity-cost thinking. Also, we explain code cruft in a metaphor for non-technical people to help the looming conflict between developers and management, and we share learnings from supporting agile transformations at three companies in the insurance and automation industries.
Then, we detail a pattern of non-tech companies heavily investing in digitalization: Despite good intentions, they end up as big feature factories. Moreover, we point out a) how iterating behavioral changes and applying experiments help build the right products and b) the often overlooked signal-to-noise ratio critical for innovation, or: asking for ideas is a bad idea.
Finally, we embrace a simple process that allows everyone on a team to start writing user stories: the Product Backlog Building Canvas. Also, the folks at ProductLed asked 600-plus SaaS businesses about their paths to product-led growth and core metrics such as free to paid accounts conversion rates.