Value Streams and Domain Events
"If you can't describe what you are doing as a process, you don't know what you're doing."
– William Edwards Deming
A value stream is a notion borrowed from lean manufacturing as the end-to-end sequence of value-adding activities that an organization undertakes in order to produce an overall result for a customer, stakeholder, or end-user, focused on both the production flow from raw material to end-product, and the design flow from concept to realization.
So we can think of it as a slightly more granular explanation of the flow of value of the Business Model Canvas, transposed in a temporal sequence of activities necessary to design, produce, and deliver the value propositions. An organization will usually have many of these values, and they will often have independent, changing pace.
There is a vast amount of literature about value streams and value stream mapping, but we feel that the key concepts to understand...