What you'll learn

Reasons behind failed transformation:

• Siloed teams, data, tools, lack of visibility
• Lack of leadership, commitment, knowledge
• Not enough focus on improving the flow of value
• Alignment of strategy and execution  
• Project inhibit agility

Ask yourself important questions:

• Have you moved from project to product?
• Do you instrument and measure the business value?
• Can you define value for your customers?
• Do you measure your ART performance based on KPI and leading indicators?
• Do you periodically map and optimize your value stream?
• Have you implemented Lean Portfolio Management (LPM)
• What is the solution to gain more value and continually deliver value faster?

Value Stream Management: you apply your People, Process, and Technology to optimize the flow of business value continuously from when there is an idea all the way to customer delivery.

Be aware of the benefits of the value stream management:

• Incense value
• Faster flow 
• Accelerate innovation 
• Improve time to market
• Reduce cost
• Stable teams
• Continuous improvement

People:

• Organize teams around value streams
• Create cross-functional agile teams
• Organize value streams in portfolios

Process: To optimize VSM you should:

• Apply the 5 principles of Lean 
• Embrace the 7 principles of Lean software development
• Improve flow with value stream mapping 
• Be aware that today it is not the biggest fish that eats the smallest fish, but the faster fish eats the biggest fish.

Technology: to be discussed another time

In short:

• Close the Feature Factory; Stop obsessing on improving velocity, and start to improve value delivery
• Reduce and eliminate dependencies 
• Brake down silos