X

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.

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

🗞 Shall I notify you about articles like this one? Awesome! You can sign up here for the ‘Food for Agile Thought’ newsletter and join 35,000-plus subscribers.

🎓 Join Stefan in one of his upcoming Professional Scrum training classes!

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

📈 🔬 Join 450-plus peers and contribute to the anonymous poll for the upcoming Free ‘Product Owner and Product Manager Salary Report 2022!’

🏆 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.

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).”
(Link.)

👉 From time to time, we can offer last-minute seats for training classes at cost to individuals who do not have access to a corporate training budget. If you like to be notified about these opportunities, please register here.

🎯 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.

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

You can secure your seat for Scrum training classes, workshops, and meetups directly by following the corresponding link in the table below:

Date Class and Language City Price
🖥 💯 🇬🇧 November 21, 2024 GUARANTEED: Professional Scrum Facilitation Skills Class (PSFS; English; Live Virtual Class) Live Virtual Class €749 incl. 19% VAT
🖥 💯 🇩🇪 December 10-11, 2024 GUARANTEED: Professional Scrum Product Owner Training (PSPO I; German; Live Virtual Class) Live Virtual Class €1,299 incl. 19% VAT
🖥 💯 🇩🇪 December 12, 2024 GUARANTEED: Professional Product Discovery and Validation Class (PPDV; German; Live Virtual Class) Live Virtual Class €749 incl. 19% VAT
🖥 💯 🇬🇧 December 18-19, 2024 GUARANTEED: Professional Scrum Master Advanced Training (PSM II; English; Live Virtual Class) Live Virtual Class €1,299 incl. 19% VAT
🖥 💯 🇬🇧 Feburary 4-6, 2025 GUARANTEED: Hands-on Agile 2025: From Concept-Based to Context-Based Agility (English) Live Virtual Conference FREE
🖥 🇩🇪 January 28-31, 2025 Professional Scrum Product Owner Training (PSPO I; German; Live Virtual Class) Live Virtual Class €1,299 incl. 19% VAT
🖥 🇬🇧 February 12-13, 2025 Professional Scrum Master Advanced Training (PSM II; English; Live Virtual Class) Live Virtual Class €1,299 incl. 19% VAT

See all upcoming classes here.

You can book your seat for the training directly by following the corresponding links to the ticket shop. If the procurement process of your organization requires a different purchasing process, please contact Berlin Product People GmbH directly.

📺 Join 4,000-plus Agile Peers on Youtube

Now available on the Age-of-Product Youtube channel to improve learning, for example, about agile forecasting:

✋ Do Not Miss Out and Learn more about Agile Forecasting — Join the 12,000-plus Strong ‘Hands-on Agile’ Slack Community

I invite you to join the “Hands-on Agile” Slack Community and enjoy the benefits of a fast-growing, vibrant community of agile practitioners from around the world.

If you like to join all you have to do now is provide your credentials via this Google form, and I will sign you up. By the way, it’s free.

🗞️ 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?.

Categories: News
Stefan Wolpers: Stefan, based near Hamburg, Germany, has worked for 18-plus years as a Product Manager, Product Owner, Agile Coach, and Scrum Master. He is a Professional Scrum Trainer (PST) with Scrum.org and the author of Pearson’s “Scrum Anti-Patterns Guide.” He has developed B2C as well as B2B software, for startups as well as corporations, including a former Google subsidiary. Stefan curates the ‘Food for Agile Thought’ newsletter and organizes the Hands-on Agile Conference, a Barcamp for agile practitioners.
Related Post