Why is this so important?
It serves as an Information Radiator. All you want to know in one place, updated easily, accessible, digestible. No more lengthy status meetings. Status is live and available 24/7. Blocked tasks are plainly visible as well as the duration of the blockage. Time and energy can now be spent on solving problems and producing Value.
Now that you can see the Value stream mapping you can look for opportunities to improve the workflow. This involves removing Waste and moving from the current state to a desired future state.
Through Continuous Improvement you will reduce your Time to Market which you will reduce your costs, improve market position and delight your customer.
by Michael Badali