Value Stream Mapping - Definition & Application
Value stream mapping explained clearly: definition, application in practice and significance for digital strategies & transformation.
Definition: Value Stream Mapping
Value stream mapping is a central term in the context of digitalization, management consulting or innovation. It describes a method, a model, a technical concept or a strategic approach that plays an important role in practice.
What is Value Stream Mapping all about?
Value stream mapping helps companies to master complex challenges, optimize processes, develop new business models or implement innovations in a structured manner. The term is often used in digital transformation projects.
Typical areas of application
- Consulting & strategy development
- Technology & process projects
- Organizational Development & Change
- Agile product development & IT
Why is value stream mapping relevant?
Because value stream mapping as a concept helps to structure complex issues, create decision-making certainty or derive concrete implementation steps.
Example from practice
One company used value stream mapping to specifically identify digital potential and develop an MVP from this, which was later scaled up.
FAQ
What does value stream mapping mean?
A concise explanation: Value stream mapping describes a strategic, methodical or technical approach to digital innovation or increasing efficiency.
Where is value stream mapping used?
In transformation projects, product development, process optimization, change management or strategy work.
Why should you know value stream mapping?
Because it is a central element of modern corporate management - and often forms the basis for digital progress.
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