value stream

4 of our books and 4 talks define this term — and their definitions are worth reading side by side.

the end-to-end set of activities performed to deliver value to a customer for a product or service. At larger organizations, a value stream tends to span multiple teams, specialists, processes, and tools.

Project to Product, Mik Kersten

An integrated series of activities designed to deliver a specific outcome for a customer who might be the final consumer, stakeholder, or user. This stream encapsulates the journey of work from initial need to the delivery of value.

Flow Engineering, Steve Pereira and Andrew Davis

Value Stream: The end-to-end sets of activities performed by teams of people and agents to deliver outcomes to customers and other stakeholders

Output to Outcome, in “Introduction”, Mik Kersten

A value stream is a long-lived team of teams aligned to a bounded context of value with value consumers.

Jon Smart · Organizing for Outcomes, Amsterdam 2023 · at 20:37

See also product value stream · stream · Value · value stream mapping · value stream metrics · Value Stream Network

Filed under Flow & Lean

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