If you are a founder or CEO of a company, you will undoubtedly attest that innovation and software implementation is a top priority for any business. It is the software that helps improve the company’s performance and stay ahead of the competition. Today’s top priority is transforming the way software teams work and the value that software innovation brings to the company.
Businesses want better software that is delivered faster, with zero tolerance for disruptions or security breaches. And to keep up with software-driven innovation, you need fresh approaches that allow teams to focus on what brings or creates the most value. It is why organizations are working to optimize software development and IT transformation through Agile and DevOps practices. These new, more iterative approaches have paved the way for greater collaboration and transparency among software development teams and open the door to automation, efficiency, and greater flexibility in alignment with customer needs and business goals. It is where value stream management (VSM) comes in.
What is value stream management?
Value stream management is a management technique or practice aimed at increasing the value stream for a business from a customer request to delivery to a customer in the shortest possible time. His systematic approach to measuring and improving flow helps organizations provide complete visibility into the end-to-end software lifecycle to understand better the value they bring, identify waste, and improve process efficiency to optimize the value stream for customers.
Agile planning was developed for the rapid creation of value, and the DevOps approach was developed to accelerate the design and delivery of digital products to the consumer. The increasing complexity of these processes has led to creating a new category of products – Value Stream Management (VSM), value stream management – that transform the Agile + DevOps environment into a digital business driver.
What is a software delivery value stream?
A value stream is a sequence of actions an organization takes to meet customer needs. Customers can be external (customer-centric value streams) or internal (value streams). This approach puts the customer in the center of attention, thereby facilitating companies’ transition from an economic orientation to a product operation model or from project to product. The value stream also helps you look at business processes at the macro level to identify ways to improve them. Those who want to take this approach are wondering: How can you deliver value to customers through innovation – without delay, but with improved quality and lower costs?
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Summing up
Business competition is growing every day and meeting customer expectations. Development teams need to work faster and more efficiently than ever before. Value Stream Management empowers teams to continually improve their software delivery activities to add even more value to their customers. It includes the ability to enhance product quality and improve processes with each sprint gradually. It is through value stream management that organizations can realize the desired Agile + DevOps performance.
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