Value Orientation as the Key to Successful Product Development
From Features to Value: Rethinking Software Development with a Human-Centered Approach
Price is what you pay – value is what you get. With this striking statement, Warren Buffett pinpointed a fundamental challenge for businesses: What does value truly mean, and how can it be sustainably created for customers?
Technological excellence and functional superiority are necessary but by no means sufficient conditions for a product’s success. Far too often, companies focus on internal metrics such as efficiency gains, market share, or revenue growth – while overlooking the most critical question: