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Chris Gagne, an Agile Coach, discusses the importance of a working agreement for teams to improve productivity and happiness. He suggests creating a document of ground rules by identifying potential obstacles and creating specific rules to prevent them. Prioritize the most significant risks to the team and come up with solutions to address them, such as setting guidelines for meeting behavior and timeliness. This proactive approach helps teams identify and avoid potential pitfalls for a more efficient and harmonious work environment.