Nice article Krishna! We worked a lot with Verna, and others, during the days of VDML development. It is a very good idea to use VDML as foundation for value stream management and transformation in software development.
Great article. Is there a difference between Value Drivers, Value Streams (concepts we use in process engineering), and Value Mapping? We are connecting systems in an enterprise using what we call a Digital Twine to enable blueprint of initiatives, process flow and operational management. Would this be a value mapping exercise?
Value streams are a process oriented view. Value networks focus on people and interactions. Typically processes are identifiable as sequences and subnetworks of interactions in a value network.
Conversely process maps can be augmented with roles, deliverables etc.
So they are both related pretty closely to each other.
The roles and interactions perspective lets you see the value exchange mechanism much more clearly showing us where improvements might have the greatest impact.
The process view is more suitable for driving improvements and drilling into more granular details of activities and deliverable flows.
Nice article Krishna! We worked a lot with Verna, and others, during the days of VDML development. It is a very good idea to use VDML as foundation for value stream management and transformation in software development.
Great article. Is there a difference between Value Drivers, Value Streams (concepts we use in process engineering), and Value Mapping? We are connecting systems in an enterprise using what we call a Digital Twine to enable blueprint of initiatives, process flow and operational management. Would this be a value mapping exercise?
Value streams are a process oriented view. Value networks focus on people and interactions. Typically processes are identifiable as sequences and subnetworks of interactions in a value network.
Conversely process maps can be augmented with roles, deliverables etc.
So they are both related pretty closely to each other.
The roles and interactions perspective lets you see the value exchange mechanism much more clearly showing us where improvements might have the greatest impact.
The process view is more suitable for driving improvements and drilling into more granular details of activities and deliverable flows.
I meant Value Network not Value Mapping!