The article delves into an interview with Serge Lucio, the general manager of Broadcom’s Agile Operations Division, discussing the importance of value stream management (VSM) in organizations. The interview, conducted in conjunction with recent studies and the 4th Annual VSM Summit, sheds light on the trajectory of the industry and how organizations can leverage VSM to maximize benefits.
According to a recent VSM trends survey, 96% of respondents reported benefiting from VSM, with digital transformation being the most valued benefit. Traditionally, companies approached digital transformation with IT serving as a “service provider” to the business, hindering the transformation process. VSM offers a new approach that fosters collaboration between business and IT, enabling organizations to excel in their transformation initiatives.
Implementing VSM involves a holistic and pervasive process within an organization, starting with value stream mapping that traces the path from idea to customer value. This mapping highlights interdependencies between functional areas, prompting leaders to create cross-functional groups focused on value streams rather than isolated functions.
However, the VSM Trends report revealed that 80% of respondents lacked visibility into their value streams, primarily due to tool fragmentation. Organizations often use multiple toolchains chosen by different teams, leading to challenges in managing resources and tracking progress effectively.
The article emphasizes the importance of establishing integrated and standardized data from all recording systems to address visibility and alignment issues within organizations. VSM offers the potential for revolutionary advancements in visibility, alignment, and efficiency, but teams may encounter obstacles that hinder these benefits.
To learn more about overcoming obstacles in VSM, the article encourages readers to watch the VSM Summit on-demand and visit the VSM Summit Page for additional information and registration. Overall, the interview with Serge Lucio provides valuable insights into the world of VSM and its implications for organizations striving for digital transformation and operational efficiency.
Article Source
https://www.cio.com/article/2114668/driving-digital-transformation-success-serge-lucios-insights-on-value-stream-management.html