Society 5.0 is5th Science and Technology Basic Plan” as the future society that Japan should aim for. Bringing together concerns for people, planet and profit equally to build a better world. In Society 5.0, we believe everyone can live a rich and balanced life. “New wisdom” will be developed from the data collected about all aspects of our lives, enabling companies to remove mundane ignorant activities from our lives.
Our world is already moving towards a more human-centric society. You can see it in news articles and in our conversations. Future technology will be based on human needs, not just new technology as it has been for decades. This changes what we offer our customers.
To prepare for this new future, it is essential to align your organization to deliver work as seamlessly as possible. We need to focus on how we build our products and transform our processes so that we can focus on redesigning them in the future. The true goal of value stream management is to align your business so that work flows from ideas to customer feedback.
Agility is the foundation and foundation of fluid work. If you haven’t implemented true Agile practices and principles, now is the time. Second, getting your product into the hands of your customers faster requires good DevOps practices and alignment. If you have failed to successfully implement these processes, now is the time. Make sure you have data coming from both your development and DevOps cycles. You need to know if there are any bottlenecks or silos and work to remove them.
Next, focus on program-level planning. You need to understand what kind of work you can do. Strategic estimates are always wrong. Getting to the actual plan is handled by the people who create and deliver the product. Your representative will respond in the form of a capacity plan at the program level. This program-level plan connects the strategic plan to the sprint plan and provides a framework for rolling back data. I have never seen a company that created a 9-12 month strategic plan that he managed to break down into 2 week sprints. An intermediate stage is required.
Next, focus on streamlining your strategic planning steps. Lean Portfolio Management allows you to determine the exact details of your strategic plan to optimize your planning cycle and eliminate wasted effort.
All in all, remember to remove bottlenecks and silos. Map the data and transparency you need at each level to the processes you need. Status reports should be created by software and dashboards, not by people. By aligning the organization and tools to create consistent data and dashboards, I’ve seen him cut his $100 million the organization spends on creating status reports against strategic plans.
Conclusion
It is imperative that we align our organization so that we can deliver ideas and innovations to our customers. With value stream management, you can align work, eliminate silos and bottlenecks, and get the data you need to run your business as a natural result of standard processes. Focusing on improving the way products are made today allows us to focus on new types of innovation in the future. Are you ready for Society 5.0?
For more information on Value Stream Management, please visit https://enterprise-software.broadcom.com/valueopsvsm.
