Spending time building the wrong thing is the most costly problem for product teams. Do you realize how much it's costing you?
* Based on Gartner Research that 30% of IT spend is wasted due to ineffective prioritization
** And our direct experience with waste even at great companies like Google, LinkedIn, Medallia, and Degreed
It's hard to see because it's typically not very visible.
Didn't get user insights
Lack of clarity about what you want
Didn't validate before you built
Big vs small stories
Too many people on the team
Working on the wrong stories
Burnout from chronic friction
Decreased trust to move forward fast
Time lost for other work
Lost revenue from delay
Silod thinking and strife between departments
Missing deadlines reduces trust