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 & 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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