The analysis phase: time to grow up?

When small software companies get bigger they embark on what can be a bumpy ride of change. One of those changes will probably be to do with the way they tackle the analysis phase of the software development life-cycle (SDL). Just to be clear, when I say “analysis phase”, I mean the part before coding starts i.e. requirements elicitation, analysis and system specification.

Typically (although I am sure that there are plenty of shining examples where this is not the case) small software companies with a handful of developers, where the entire SDL for a project is covered by one or two developers, tend not to have a formalised analysis phase. Why is that?

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