Value Stream Management: The Secret Sauce for SAFe Success
Value Stream Management (VSM) is a set of lean principles and practices that optimizes the application of people, processes, and technology to continuously improve business value flow, from ideation to customer delivery. Companies that implement VSM have seen extraordinary business improvement in car manufacturing, software, financial, and medical industries. VSM promotes the use of systems thinking to optimize the whole, not just the parts. Studies show that very few companies have truly implemented value stream thinking, principles, and practices. To make the most of your SAFe implementation, VSM is not just an imperative but it’s the secret sauce of successful SAFe implementations. VSM goes ways beyond identifying value streams and value stream mapping. In this talk, Richard Knaster, Chief Scientist for Digital.ai, SAFe Fellow and Author provides the latest thinking from his new white paper on Value Stream Management for the Digital Age.