According to PANews, there are several laws and principles that have emerged in the technology industry, which can be applied to various aspects of product development and team management. Here are the top 10 laws and principles and how to use them:
1) Gall's Law: An effective complex system always evolves from an effective simple system. Use this law when designing a minimum viable product (MVP).
2) The Pareto Principle: About 80% of effective results come from 20% of key efforts. Use this principle when designing an MVP.
3) Parkinson's Law: Work expands to fill the time or budget allocated for its completion. Use this law to set sufficiently distant deadlines, but not too far.
4) Goodhart's Law: When a measure becomes a target, it ceases to be a good measure. Use this law when building systems aimed at completing difficult tasks, such as public product fundraising or resisting fake identities.
5) Brooks' Law: Adding manpower to a late software project makes it later. Use this law to maintain smaller team sizes.
6) Moore's Law: The number of transistors on a chip doubles approximately every two years while their cost halves. Use this law to ride the wave of organic growth in the technology sector and create huge returns.
7) Metcalfe's Law: The value of a telecommunications network is proportional to the square of the number of connected users (n^2). Use this law to build for exponential value creation.
8) Dunbar's Number: There is a cognitive limit to the number of people with whom one can maintain stable social relationships. Use this law to maintain smaller team sizes unless necessary, and pay attention to the optimal trust patterns at each level when expanding teams.
9) The Unix Philosophy: 1) Make each program do one thing well, 2) Make each program's output the input of another program, 3) Write programs to work together. Use this philosophy to build modular software.
10) Conway's Law: The systems designed by an organization will reflect its own communication structure. Use this law to design your organization similarly to software development, and be aware that the overall structure cannot scale indefinitely.