Meet digital transformation experts making waves with Value Stream Management

We’ve all heard the saying about the journey of a thousand miles starting with a single step. For enterprise leaders, what’s key is making that first step, and every step thereafter, the best one possible.

When you’re guiding a large enterprise on a complex, long-term digital transformation journey, it can be very difficult to know which near-term steps will get you most rapidly to your desired destination. Inter-organizational silos, market and technology disruptions, and shifting customer demands can all serve to make charting an optimal path a challenge.

This is why Value Stream Management (VSM) has become an essential approach. Through VSM, teams can enhance visibility, foster alignment, and optimize efficiency across the enterprise. In short, by successfully employing VSM, teams know where they’re going and the best way to get there.

By leveraging VSM, teams in enterprises around the world have started to realize significant advantages. At our annual VSM Summit, we’ll be highlighting a few organizations that have been leading the next wave of VSM adoption. (More details on this upcoming event are below).

Here are a few organizations that will be featured:

State Street  

Within State Street, new ways of working meant that they had to establish new forms of planning. By implementing VSM, teams were able to reduce noise and determine the programs and projects that delivered the highest value.

Southern Company  

Southern Company began its VSM journey by building an enterprise-wide product management office (PMO). Through this effort, they were able to embed value realization in the project lifecycle. In the process, the organization saw a dramatic reduction in the time teams spent on processing project data. This processing used to take weeks, now it happens almost instantaneously. Even more importantly, the business benefits because leaders can make decisions based on near real-time insights.

London Stock Exchange Group  

At this leading financial infrastructure provider, a rapid pace and high stakes are the norm. By employing VSM, the team was able to gain a better understanding of the organization’s landscape, including its value, risks, and opportunities. This visibility has helped them improve the delivery of news, data, and indices to thousands of global customers.

Cox Automotive

Within Cox Automotive, the use of VSM has been instrumental in achieving success in digital transformation. Through VSM, teams eliminated overlapping data sets, reduced product management blind spots, and gained the insights needed to improve visibility, alignment, and efficiency. The organization successfully completed dozens of acquisitions and built an impressive brand portfolio.

To learn more about how these organizations benefited from VSM, attend the fourth annual VSM Summit. At this complimentary virtual event, you’ll hear from executives at all these companies, as well as a Forrester Analyst and top Broadcom leaders. The event will provide updates on the latest innovations in VSM and reveal proven strategies and tactics that help advance your VSM initiatives.

In addition, this upcoming event will feature our inaugural ValueOps Wavemaker Award.  This award honors excellence in digital transformation through VSM, highlighting the inspiring stories of how VSM enabled organizations to empower people, protect the planet, and advance their corporate purposes.

This exciting virtual event will take place on April 24, 2024, at 11:00 am EDT. Learn how to optimize your transformation by harnessing the power of VSM.

To learn more and register, be sure to visit our VSM Summit page.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : CIO – https://www.cio.com/article/2074888/meet-digital-transformation-experts-making-waves-with-value-stream-management.html