Listen to this articleBelow is our recent interview with Helen Beal from The Value Stream Management Consortium:
Q: Helen, what is The Value Stream Management Consortium?
A: The Value Stream Management Consortium is a member association for enterprises and individuals working with value stream management practices and platforms. Our purpose is to advance value stream-centric ways of working in technology teams to lead to higher performing organizations. Our mission is to cultivate and nurture the emerging market for value stream management and to help the community learn, devise practices and standards, and grow through their use.
Q: Any highlights on your recent announcement?
A: We recently released our latest annual report, The State of Value Stream Management 2022. This year’s report provides the latest adoption trends in the value stream management market.
Key findings in the 2022 report include:
- A 16% increase in respondents piloting or implementing Value Stream Management Platforms (VSMP) since the last report (July 2021)
- 10% increase in respondents aligning to explicitly named value streams
- 6% increase in respondents measuring organizational outcomes
- Aggregating through a dashboard to obtain data about value stream flow is the most popular method, despite a 7% decrease in the practice
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Q: Can you give us more insights into your offering?
A: It’s been very rewarding putting together this year’s report and seeing the green shoots emerging as VSM crosses the chasm—I hope people will enjoy reading it as much as we’ve enjoyed writing it. It’s becoming very apparent that VSM ways of working lead to higher performing organizations and I’m excited to have this opportunity to work with our members and the wider community on establishing implementation patterns and surfacing successes that will lead to global improvements.
This year’s report follows the flow of our value stream management (VSM) implementation roadmap. Following on from the State of Value Stream Management Report 2021, the new report identifies and observes trends across the adoption pathway. The purpose of the report is to help the community learn about how people are adopting value stream management practices and what works and doesn’t work. Some of the new topics covered in this year’s report include metrics patterns in different industries, definitions of lead and cycle time, and what value really means.
Q: What can we expect from your company in next 6 months? What are your plans?
A: This, our second year of operation, has been all about scalability and sustainability. We’ve been working on increasing member engagement through their participation in our research, learning and content value streams and their contributions to our consulting, CXO and government huddles. Up next is our first in-person event, Flowtopia, in Las Vegas on 17th October where we have VSM pioneers from leading global enterprises sharing their experiences implementing VSM and a number of networking opportunities. We’ll also be announcing a new VSM assessment model we have developed with our members in our consulting huddle.
As we move into 2023, we’ll be delivering more microresearch, microlearning (building on our flagship VSM Foundation course), rich content setting out the VSM landscape and continuing to work with the OASIS VSM Interoperability Technical Committee on open standards for VSM data extraction.
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Q: What is the best thing about your company that people might not know about?
A: We are a not-for-profit trade association—this means we are vendor-neutral, open to all and exist to serve our members. We are all so passionate about VSM and how it helps teams and organizations find more joy in how they serve their own clients, customers, members, and citizens.
Last Updated on November 7, 2022
