{"id":53459,"date":"2024-01-05T13:18:59","date_gmt":"2024-01-05T18:18:59","guid":{"rendered":"https:\/\/sdtimes.com\/?p=53459"},"modified":"2024-01-05T13:18:59","modified_gmt":"2024-01-05T18:18:59","slug":"report-value-stream-implementations-not-leading-to-the-results-businesses-want","status":"publish","type":"post","link":"https:\/\/sdtimes.com\/value-stream\/report-value-stream-implementations-not-leading-to-the-results-businesses-want\/","title":{"rendered":"Report: Value stream implementations not leading to the results businesses want"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Many organizations who have tried to implement value stream management (VSM) are now having issues with getting the results they want out of this practice.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to a <\/span><a href=\"https:\/\/enterprise-software.broadcom.com\/vsm-dx-maturity-global-report\"><span style=\"font-weight: 400;\">recent survey<\/span><\/a><span style=\"font-weight: 400;\"> from Broadcom, more than two-thirds of respondents claimed that their visibility isn\u2019t what it should be.\u00a0<\/span><span style=\"font-weight: 400;\">In addition, the majority of companies are missing a key characteristic of mature VSM organizations, which is the continuous availability of data. Sixty-nine percent say they share their VSM metrics only quarterly or monthly. Only 9% continuously share data.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Just 2% of respondents to the survey consider themselves to be at a level of VSM maturity, where they are using VSM on all of their products. Sixty percent are in the early adoption stage, 13% are in planning, and 25% have a pilot project. In addition, 23% are only running VSM on a single product.\u00a0<\/span><span style=\"font-weight: 400;\">\u201cWhile organizations acknowledge the significance of VSM, a substantial portion find\u00a0<\/span><span style=\"font-weight: 400;\">themselves in the early phases of adoption. This survey indicates a growing interest in ongoing performance improvements and aspiration for holistic, enterprise-wide visibility, alignment and efficiency to increase customer value,\u201d said Jean-Louis Vignaud, head of ValueOps at <\/span><span style=\"font-weight: 400;\">Broadcom.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The survey also pointed out peoples\u2019 challenges with mapping metrics to value. Sixty-three percent say their metrics aren\u2019t mapped to product performance, and 11% say their companies don\u2019t provide business metrics for measuring products.<\/span><span style=\"font-weight: 400;\">Decision making still remains largely centralized as well, with 85% of decisions either being made at the leadership level or requiring leadership approval before proceeding.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To help companies better assess their maturity with VSM, Broadcom has now announced the Value Stream Management Maturity Model, which was created based on the survey results.\u00a0<\/span><span style=\"font-weight: 400;\">The model provides insights, guidance, and actionable steps to help companies meet their VSM goals. It includes five levels: Foundational, Value Stream Aware, Collaborative and Visible, Data-Driven, and Full Transparency and Flow.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cValue stream management has become a pivotal strategy for digital transformation, but success requires that teams understand where they\u2019re at and where they\u2019re going,\u201d said\u00a0 Vignaud. \u201cTo help enterprise teams on their VSM journey, we developed a progressive model that defines maturity from the early stages focused on breaking down silos to full maturity, delineated by data-driven alignment and an established culture of continuous improvement. Our hope is this model will serve as a guide for organizations as they progress along their digital transformation journey.\u201d<\/span><\/p>\n<p>&nbsp;<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Many organizations who have tried to implement value stream management (VSM) are now having issues with getting the results they want out of this practice. According to a recent survey from Broadcom, more than two-thirds of respondents claimed that their visibility isn\u2019t what it should be.\u00a0In addition, the majority of companies are missing a key  &hellip; <a class=\"read-more\" href=\"https:\/\/sdtimes.com\/value-stream\/report-value-stream-implementations-not-leading-to-the-results-businesses-want\/\">continue reading<\/a><!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":752,"featured_media":53460,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"cybocfi_hide_featured_image":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[12793,14199],"coauthors":[11687],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Report: Value stream implementations not leading to the results businesses want - 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