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Jumpstart Your Value Stream Management Program With 5 Best Practices

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For most companies today delivering software rapidly is a top priority. But, getting software out fast is not enough to succeed in our rapidly advancing digital era. It is more crucial than ever to deliver meaningful software that drives business outcomes and customer results. That's why organizations are shifting their focus from merely producing output to maximizing value delivery by applying Value Stream Management (VSM) to their Agile-plus-DevOps efforts. VSM is the industry-endorsed approach to mapping software to the business and understanding the value it delivers. It gives organizations deep and clear vision into the impact their software development has on the business and ultimately, the balance sheet. VSM solutions provide complete visibility into the flow of value across the entire software lifecycle so you can measure value delivery, eliminate waste, keep stakeholders informed, and implement process efficiencies. According to a study conducted by Forrester on behalf of CollabNet VersionOne, 95% of enterprises surveyed report interest, near-term plans, or current adoption of VSM. Building the foundation for your VSM program is straightforward. You can start small and expand – it just depends on how complex your organization is. Here are a few best practices to help you get started: Jumpstart Your Value Stream Management Program With 5 Best Practices MAP VALUE STREAMS Document and analyze how work flows through each step of the development and delivery pipeline to get a holistic picture of your current state. This activity uncovers where value is generated or lost so leaders can implement structural changes that streamline processes and align cross-functional teams around value streams. SELECT A WELL-INTEGRATED VSM SOLUTION Research from the Forrester study shows that VSM users most often depend on a collection of tools that aggregate data into a VSM dashboard. Nearly a third of the respondents manually pull data from their tools into a VSM view or spreadsheet. However, the most satisfied VSM users report having an end-to- end VSM solution from a single vendor. When selecting a VSM solution, take out-of-the-box integration and common data model capabilities into special consideration.

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