Value Stream Management: Driving Business Success in a Fast-Changing World
Whether you are new to VSM or are already familiar with the concepts and looking to move forward we can help you deliver on that outcome. If the trigger that led you to this page was the need to deliver value to your customers efficiently and effectively then we welcome the opportunity to work with you.
At the simplest level,
VSM drives the delivery of outcomes from triggers as a flow with minimal waste. VSM can enable a framework for understanding and optimising the end-to-end flow of value creation within an organisation, enabling businesses to respond to change and drive success. This critical concept holds immense importance for businesses in today's fast-changing world.
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If you are new to this area then we’d recommend watching these recent webinars to help set the scene.
Why is VSM focussed on the Software and Systems Delivery Lifecycle?
Whilst we typically refer to VSM in relation to Software and Systems Delivery, the concept can be applied to anything that can be expressed as a Value Stream, for example HR Onboarding, Procure to Pay or Grocery Shopping.
Software has become a fundamental component of almost every business. Whether you are streamlining operations, or enhancing customer experiences, you look to software to gain a competitive edge in the market. Organisations that know software is not just an IT concern but a strategic asset that impacts the entire business also know that effective software delivery is a differentiator.
Value Stream Management as a Business-Led Approach:
Value Stream Management is a holistic and business-led approach that helps organisations optimise the flow of value across their software delivery processes. It encompasses various disciplines, including product management, software development, quality assurance, deployment, and customer feedback. By focusing on the end-to-end value stream rather than individual tasks or departments, VSM enables businesses to identify bottlenecks, eliminate waste, and deliver value to customers more efficiently.
Key Benefits of Value Stream Management:
Increased Visibility: VSM provides a clear and comprehensive view of the entire value stream, allowing organisations to understand how value is created and delivered across different stages of the software and systems delivery lifecycle.
Continuous Improvement: VSM promotes a culture of continuous improvement by enabling organisations to identify and address inefficiencies, bottlenecks, and constraints that hinder the flow of value.
Enhanced Collaboration: By breaking down silos and fostering cross-functional collaboration, VSM encourages effective communication and alignment across teams, leading to improved productivity and better outcomes.
Faster Time-to-Market: By optimising the value stream, organisations can accelerate software delivery, reducing time-to-market for new features and improvements.
Data-Driven Decision Making: VSM relies on data and metrics to measure and track the flow of value. This enables organisations to make informed decisions, prioritise efforts, and drive better business outcomes.
Learn more from the Value Stream Consortium
In today's business landscape, where change is constant and software is a crucial driver of success, Value Stream Management emerges as a business-led approach to optimise the flow of value across the entire software and systems delivery lifecycle. By focusing on the end-to-end value stream, organisations can respond to change effectively, deliver value to customers faster, and gain a competitive advantage. Embracing VSM enables businesses to align their software development practices with strategic goals and drive business success in a fast-changing world.
To learn more about Value Stream Management and its benefits, explore the resources below:
Introduction to Value Stream ManagementIdea to Delivery