Requirements are a means to an end; a way to instill confidence in the user that you've understood him, his concerns, and what to do to resolve them. These become concrete triggers and handle bars to manage in a business IT environment.
A professional should be able to clearly communicate what to do, either for himself or towards others. Requirements are helpful in doing so, by providing a mindset of prioritization and categorization. Whether you're a functional analyst, a technical architect, a consultant, a manager, or a programmer, being able to do requirements well allows you to understand what you do. A particular role, a particular person might be better suited to establish a set of requirements (e.g. a business consultant and business requirements; an architect and system requirements) than another, but the understanding is necessary to identify gaps, and to be able to get requirements as a whole to a proper level of detail.
Requirements are never written in isolation. They must be agreed upon/signed-off, and better still, be co-authored with the user and the stakeholders. Also requirements can be well-written on their own, but still be bad when regarding all the requirements.
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