Value vs. Complexity
A prioritization framework used to assess and compare the value a feature will deliver to users against the complexity and cost of implementing it.
A prioritization framework used to assess and compare the value a feature will deliver to users against the complexity and cost of implementing it.
The ability to deliver products or services in the most cost-effective manner without sacrificing quality.
The simultaneous pursuit of differentiation and low cost, creating a leap in value for both the company and its customers, often associated with Blue Ocean Strategy.
A quick and cost-effective usability testing method where feedback is gathered from users in informal settings, often in public places.
A system that allows customers to access information and perform tasks on their own without the need for assistance from customer service representatives.
The practicality of implementing a solution based on technical constraints and capabilities.
A cognitive bias where individuals underestimate the time, costs, and risks of future actions while overestimating the benefits.
Business Process Automation (BPA) refers to the use of technology to automate complex business processes.
A pricing strategy that offers a middle option with substantial value at a moderate price, often perceived as the best deal by users.