Earlier this year, I wrote about why detailed requirements cost twice as much, yet deliver half the value. The topic continues to be widely discussed within many organizations we work with. Unfortunately, some have experienced documented failure, having spent millions of dollars on a non-viable product.
Initial attempts to ensure software is of actual business value has always been to document everything. Over a period of three, six, or sometimes even twelve months, documentation is being produced yet generating negative value for a business—the exact opposite of what a company is hoping to achieve.
Is it possible to build a product that provides greater value for customers at a fraction of previous budgets? Yes. And all the while building a culture of innovation. How? Watch this video.