Chapter 2

Value Streams

Aligning Resources to Create Value

Steve Bell

Price is what you pay. Value is what you get.

Warren Buffett

WHAT YOU’LL LEARN IN THIS CHAPTER

▪  The Lean approach to aligning resources to the flow of value creation

▪  What a value stream is and how it enables people to see and understand how their work contributes to customer value

▪  How to continuously improve value stream activities

▪  The essential role of leadership in value stream improvement

Let’s begin with the questions that are fundamental to Lean, questions everyone within the enterprise should always ask: Who are our customers and what do they value?

These questions lead directly to the purpose, the true north of every enterprise. Although simple, these ...

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