1 min readThe concepts of value streams, value stream thinking, and lean management are not new. Henry Ford, the Toyota Motor Corporation, and thought leaders have invented, evolved, and championed the process of optimizing value while eliminating waste for over a century. And the stakes have never been higher.
Value stream thinking is a paradigm shift, moving from operational silos to cross-team collaboration (such as DevOps), from legacy to future-proof technology (cloud and IoT), from reactive to proactive planning (security), and from company to consumer-driven centricity (experience design). It is a perpetual, two-way conversation—between internal and external stakeholders —that drives optimized actions in the pursuit of improved value proposition and differentiation.
Of course, every business today wants to optimize efficiency and deliver what customers want—and quickly—but what are the steps behind making that happen?
Value stream thinking, at its core, is about: efficiency, elimination of repetitive steps, simplification, interoperability between different parts in the value creati on chain, and adaptability to changes in the value stream.
Are you doing everything to assess the value of your business processes through value stream thinking?
Learn how to get started in our latest white paper, “Value Stream Thinking: Create Your Ideal Future.”