Mapping can help visualize the flow between your customers and the raw materials your business uses to provide them with products or services. This session will examine how mapping risk onto your value stream can improve your chances of success and keep failures bounded to expectations.
Description
While enumerating system states may increase our understanding of our options it does not account for probabilities and likely outcomes. Any attempt to instantly transition a system to a desired state is usually expensive and unsuccessful.
By visualizing our value stream and weighing our options we’re able to trade the high risk for lower but more likely payouts. These low risk wagers provide the intermediate steps needed to reach our goals without taking some huge leap of faith.
By painting a more complete picture with our numbers we’re enabling our audiences to make educated decisions. We’ll look at different types of value stream mapping techniques and how to automate data collection for different types of metrics.
