Discussion Board: Value Flow: Case Study
Discussion Board: Value Flow
Liberty University
Discussion Board: Value Flow
Value flow is the, “Sequence of activities required to design, produce, and provide a specific good or service, and along which information, materials, and worth flows” (“Value Stream,” 2014). To be successful, it is vital for companies to conduct an efficient value flow throughout all operational processes. Researchers have rigorously studied and assessed the variables and effects of value flow throughout numerous industries and have developed processes such as lean SixSigma and value stream mapping. This has become increasingly important because of modern technological advances and increased competition. In today’s business environment, having a top-notch …show more content…
Specifically, the authors assess how value stream mapping will aid Don Luigi Palazzolo Solidarity Centre in identifying critical points in the value flow chain and suggest actions for continuous improvement during the reorganization process. After researching previous case studies, Ciaetto et al. chose to apply the Allison and Kaye model used by Toyota to conduct this study. As a result, the authors developed a strategic application of value stream mapping for Don Luigi Palazzolo Solidarity Centre consisting of: Planning and preparation, mission and vision statements, analysis of internal and external environment, and strategic value stream planning. Specifically, the results stress the need for a new form design layout that is more simplistic and agile, a new standard criterion for chronologically filing forms, and fluent training and communication to ensure all members comprehensively understand complete flow of activities. The information provided throughout this study successfully illustrates the usefulness of value strategy mapping to increase quality, value flow effectiveness, and end user …show more content…
She describes how the responsiveness and practice of stakeholder leadership aids in ensuring social responsibility and positive organizational performance. Specifically, Duckworth describes how leading members of an organization must carefully evaluate their decisions and assess the possible impacts. In addition, they must promote interactive communication, creative problem solving, effective teamwork, and cooperative employee participation to ensure top-notch quality management. In relation, Duckworth explains how effectively accomplishing these practices aids in increasing value throughout the supply chain and guarantees the value stream meets or exceeds consumer and stakeholder
Liberty University
Discussion Board: Value Flow
Value flow is the, “Sequence of activities required to design, produce, and provide a specific good or service, and along which information, materials, and worth flows” (“Value Stream,” 2014). To be successful, it is vital for companies to conduct an efficient value flow throughout all operational processes. Researchers have rigorously studied and assessed the variables and effects of value flow throughout numerous industries and have developed processes such as lean SixSigma and value stream mapping. This has become increasingly important because of modern technological advances and increased competition. In today’s business environment, having a top-notch …show more content…
Specifically, the authors assess how value stream mapping will aid Don Luigi Palazzolo Solidarity Centre in identifying critical points in the value flow chain and suggest actions for continuous improvement during the reorganization process. After researching previous case studies, Ciaetto et al. chose to apply the Allison and Kaye model used by Toyota to conduct this study. As a result, the authors developed a strategic application of value stream mapping for Don Luigi Palazzolo Solidarity Centre consisting of: Planning and preparation, mission and vision statements, analysis of internal and external environment, and strategic value stream planning. Specifically, the results stress the need for a new form design layout that is more simplistic and agile, a new standard criterion for chronologically filing forms, and fluent training and communication to ensure all members comprehensively understand complete flow of activities. The information provided throughout this study successfully illustrates the usefulness of value strategy mapping to increase quality, value flow effectiveness, and end user …show more content…
She describes how the responsiveness and practice of stakeholder leadership aids in ensuring social responsibility and positive organizational performance. Specifically, Duckworth describes how leading members of an organization must carefully evaluate their decisions and assess the possible impacts. In addition, they must promote interactive communication, creative problem solving, effective teamwork, and cooperative employee participation to ensure top-notch quality management. In relation, Duckworth explains how effectively accomplishing these practices aids in increasing value throughout the supply chain and guarantees the value stream meets or exceeds consumer and stakeholder