Food for Agile Thought #354: Agile Forecasting, Winning Product Strategies, Measuring Trust, What Product Market Fit Feels Like

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.

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

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🏆 The Tip of the Week: Agile Forecasting

John Coleman (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.

➿ Agile & Scrum

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.

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

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

(via McKinsey & Company): What is leadership?

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

🎓 🖥 🇬🇧 Advanced Professional Scrum Master Online Training w/ PSM II Certificate — September 6-9, 2022

Discover Scrum’s four success principles in this official Scrum.org Advanced Scrum Master training class including the industry-recognized PSM II certification. The PSM II training class is designed as a live virtual class and will be offered in English.

Enjoy the benefits of an immersive class of four sessions with like-minded agile peers in the morning hours from 09:00 – 13:00 o’clock CEST.

🎓 🖥 🇬🇧 Advanced Professional Scrum Master Online Training w/ PSM II Certificate — September 6-9, 2022 — Berlin Product People GmbH

Learn more: 🖥 💯 🇩🇪 Advanced Professional Scrum Master Online Training w/ PSM II Certificate — September 6-9, 2022.

“Very hands-on class with lots of concrete takeaways to help in real world scenarios. Reinforced practices and highlighted things that helped in passing the PSM II exam but that was merely a bonus as the content of the class is so useful – certifications or not. Stefan Wolpers is an excellent trainer with broad practical and theoretical knowledge on the subject and his classes seem to have very good working atmosphere (this was a second class by him that I have taken).”
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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?

John Cutler: Words Matter—Strategy & Certainty

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

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.

📯 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.

No Sprint Goal, No Cohesion, No Collaboration — Making Your Scrum Work #26 — Age-of-Product.com

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.’

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

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

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

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

✂️ Cutting Room Floor

Seth Godin: How long will this take?

Seth Godin elaborates on forecasting.


📅 Scrum Training & Event Schedule

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Date Class and Language City Price
🖥 💯 🇩🇪 August 29-30, 2022 GUARANTEED: Professional Scrum Master Training (PSM I; German; Live Virtual Class) Live Virtual Class €1.189 incl. 19% VAT
🖥 💯 🇬🇧 September 5, 2022 GUARANTEED: Hands-on Agile #44: Honey, I Shrunk the Backlog with Allan Kelly (English; Live Virtual Meetup) Live Virtual Meetup FREE
🖥 💯 🇬🇧 September 6-9, 2022 GUARANTEED: Advanced Professional Scrum Master Online Training (PSM II; English; Live Virtual Class) Live Virtual Class €1.189 incl. 19% VAT
🖥 🇩🇪 September 26-27, 2022 Professional Agile Leadership Essentials Schulung (PAL I; German; Live Virtual Class) Live Virtual Class €1.189 incl. 19% VAT
🖥 💯 🇬🇧 September 27, 2022 GUARANTEED: Hands-on Agile #45: FAST: An Innovative Way to Scale w/ James Shore (English; Live Virtual Meetup) Live Virtual Meetup FREE
🖥 💯 🇬🇧 October 4-5, 2022 GUARANTEED: Professional Scrum Master Training (PSM I; English; Live Virtual Class) Live Virtual Class €1.189 incl. 19% VAT
🖥 💯 🇬🇧 October 12, 2022 GUARANTEED: Hands-on Agile #46: Engage the Agile Fluency® Model w/ Diana Larsen (English; Live Virtual Meetup) Live Virtual Meetup FREE
🖥 🇩🇪 October 18-21, 2022 Advanced Professional Scrum Product Owner Training (PSPO-A; German; Live Virtual Class) Live Virtual Class €1.399 incl. 19% VAT
🖥 💯 🇬🇧 Oct 31-Nov 3, 2022 GUARANTEED: Professional Scrum Product Owner Training (PSPO-I; German; Live Virtual Class) Live Virtual Class €1.189 incl. 19% VAT

See all upcoming classes here.

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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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