target audience: TECH BUYER Publication date: Feb 2024 - Document type: IDC PlanScape - Doc Document number: # US51799424
IDC PlanScape: Value Stream Management to Drive a Digital Business Portfolio
Content
List of Tables
List of Figures
Related Links
Table of Contents
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IDC PlanScape Figure
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Figure: IDC PlanScape: Executive Summary of Value Stream Management to Drive a Digital Business Portfolio
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Executive Summary
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Why Is Value Stream Management to Drive a Digital Business Portfolio Important?
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Figure: Measuring the Four Types of Business Value
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What Is Value Stream Management to Drive a Digital Business Portfolio?
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Figure: Calculating Value Stream Relative Priority and Variance Percent
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Who Are the Key Stakeholders?
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Table: Key Stakeholders and Their Roles and Responsibilities
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How Can My Company Take Advantage of Value Stream Management to Drive a Digital Business Portfolio?
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Step 1: A Digital Business Steering Committee Locks in the Business' Strategic Objectives
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Figure: Business Intelligence Software View of Enterprise Objectives
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Step 2: The Digital Business Steering Committee Identifies the Relative Priorities of the Value Streams That Will Deliver These Objectives
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Figure: Business Intelligence Software View of Value Stream Flow
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Step 3: Product Managers Establish the Target KPIs That Will Drive Achievement of Key Business Outcomes
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Figure: Business Intelligence Software View of Measuring Value Stream Performance with KPIs Connected to Value Stream
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Figure: Business Intelligence Software View of Value Stream Objective Status
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Step 4: The Digital Business Steering Committee Compiles All of the Digital Products and Services into a Digital Business Portfolio
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Figure: Business Intelligence Software View of Digital Value Portfolio Cost to Relative Priority
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Step 5: The Digital Business Portfolio Informs Management to Make Decisions to Best Achieve Business Strategic Objectives
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Figure: Business Intelligence Software View of Objective Value Stream Cost and Relative Priority
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Figure: Business Intelligence Software View of Costs Against Relative Priority
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Advice for Technology Buyers
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Related Research