How Tyson Foods gained visibility and alignment that fueled digital transformation
For
years
now,
digital
transformation
has
been
a
vital
strategic
initiative
for
many
enterprises.
In
recent
years,
many
organizations
have
made
significant
strides
in
their
transformation
efforts.
For
years
now,
digital
transformation
has
been
a
vital
strategic
initiative
for
many
enterprises.
In
recent
years,
many
organizations
have
made
significant
strides
in
their
transformation
efforts.
However,
persistent
barriers
have
held
many
teams
back.
In
fact,
a
report
from
Bain
&
Company
found
that
over
90%
of
organizations
have
struggled
with
digital
transformation—and
only
8%
have
achieved
targeted
business
outcomes
from
their
digital
technology
investments.1
What
are
the
primary
obstacles
that
prevent
teams
from
realizing
their
transformation
ambitions?
Quite
often,
it’s
the
internal
barriers
that
prove
most
stubborn.
For
example,
one
survey
found
that
the
age-old
gap
between
IT
and
business
remains
a
problem
for
the
vast
majority
of
organizations:
Over
two-thirds,
68%,
of
organizations
cited
misalignment
between
business
and
IT.
(The
findings
from
this
survey
are
now
available
in
a
report,
which
is
entitled 2023
Value
Stream
Management
Trends.)
Another
persistent
problem?
Siloed
data.
A
study
by
Wakefield
Research
found
that
within
today’s
enterprises,
69%
of
enterprises
report
that
data
is
isolated
and
can’t
be
fully
leveraged
by
the
people
who
need
it.2
Value
Stream
Management:
The
fuel
for
transformation
To
achieve
transformation
imperatives,
leaders
need
to
find
a
way
to
finally
break
through
these
persistent
barriers.
Fundamentally,
this
requires
gaining
the
enhanced
visibility
that
can
only
come
by
leveraging
data
that’s
been
locked
away
in
functional
silos.
To
fuel
transformation,
teams
need
to
accurately
track
all
facets
of
the
digital
value
stream—including
products,
people,
and
processes.
This
is
why
establishing
effective
value
stream
management
(VSM)
is
such
a
vital
imperative.
With
VSM,
teams
can
gain
the
unified,
cross-domain
intelligence
needed
to
optimize
every
phase
of
value
delivery,
from
planning
and
investment
to
development
and
rollout.
Through
VSM
strategies
and
solutions,
teams
can
finally
bridge
the
persistent
gap
between
business
and
IT.
In
the
process,
they
can
break
through
the
barriers
that
stifle
digital
transformation.
New
report
reveals
key
obstacles,
solutions
to
transformation
success
A
new
report
from
Harvard
Business
Review
Analytic
Services,
which
is
entitled
“Entering
the
Age
of
Data-Driven
Digital
Transformation
with
Value
Stream
Management,”
takes
a
detailed
look
at
some
of
the
challenges
that
have
plagued
enterprises’
digital
transformations
in
recent
years.
The
report’s
authors
also
reveal
some
of
the
strategies
and
tools
that
have
been
proven
to
help
teams
overcome
these
obstacles,
drawing
on
insights
from
industry
experts
at
Bain
&
Company
and
IDC.
This
report
also
provides
a
profile
of
Tyson
Foods,
the
largest
food
processor
in
the
US.
The
quest
for
accelerated
digital
innovation
is
top
of
mind
for
the
team
at
Tyson
Foods.
View
the
report
and
see
how
VSM
helped
Tyson’s
leadership
establish
the
critical
instrumentation
they
needed
to
manage
their
transformations.
Through
VSM
strategies
and
solutions,
they’ve
eliminated
data
silos
and
established
a
single,
unified
way
to
track
spending
and
resources.
VSM
enabled
the
team
to
close
the
loop
between
investments
and
the
value
those
investments
deliver.
In
the
process,
they’ve
gained
the
intelligence
needed
to
prioritize,
invest,
and
plan
more
effectively.
For
example,
by
gaining
better
visibility
and
alignment
around
value
streams,
they
were
able
to
reduce
or
deprioritize
30%
of
their
in-flight
technology
projects.
In
addition,
with
an
effective
review
and
prioritization
framework
in
place,
the
team
discovered
that
ongoing
demand
typically
exceeded
300%
of
the
development
team’s
capacity.
Now,
they’re
able
to
ensure
they’re
running
closer
to
100-120%
of
capacity.
Today,
the
business
and
development
teams
are
focused
on
delivering
the
highest
customer
value,
can
manage
their
workflow
efficiently,
and
feel
more
satisfied
with
their
work.
To
learn
more,
be
sure
to
review
the
Harvard
Business
Review
Analytic
Services
report,
“Entering
the
Age
of
Data-Driven
Digital
Transformation
with
Value
Stream
Management.”
Visit
us
here
for
more
information.
1
Vishy
Padmanabhan,
Steve
Berez,
and
Pascal
Gautheron,
“Four
Myths
of
Digital
Transformation:
What
Only
8%
of
Companies
Know,”
Bain
&
Co.,
June
25,
2019
2
Wakefield
Research,
“Data
Activation
Report,”
May
3,
2022
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