This table shows the financial benefit you could get by reducing product waste. Share this result with others in your company by copying the URL or using the sharing buttons at right.
What you do with this benefit is up to you. Most companies have a long backlog of development projects they can’t get to, so reducing product product waste is like increasing the size of the product development team without spending any more money. Plus you’ll improve employee satisfaction and retention because their work is more impactful.
You can learn more about product waste here:
- Rich Mironov’s article on product waste and the ROI of discovery
- Our in-depth interview with Rich
- Product management VP Tanya Koshy on how to cut waste by vetting decisions throughout the product development life cycle
- How fast feedback outperforms fast failure
