NDLI: Modeling organizations based on value streams

Content Provider	IEEE Xplore Digital Library
Author	Cruz Machado, V. Tavares, J.
Copyright Year	2007
Description	Author affiliation: Univ. Nova of Lisboa, Lisbon (Cruz Machado, V.; Tavares, J.)
Abstract	This paper seeks to present a methodology to assess performance and to provide management decision support. A "management by value streams" model was developed to assess company performance. It was implemented to support decision-making at an industrial company. The idea behind the model is that products or services should continually flow in the organization, as values streams. The model includes a set of metrics to measure the level of achievements versus previous established organization strategic objectives. The approach aims to promote the spirit of continuous improvement and collaboration, breaking the individual and segmented logic of the traditional distribution of work. The model leads to the definition of two integrated performance indicators: the process sustainability index and the organization performance index. These indicators provide an analysis on the level of performance of existing value streams, as well as on the organization, as a whole. This analysis will contribute to identify new improvement opportunities. The paper concludes that the model helps the implementation process of the organization strategy deployment: it works as an invaluable tool to act and to promote communication at the several organization levels.
Starting Page	362
Ending Page	366
File Size	307950
Page Count	5
File Format	PDF
ISBN	9781424415281
DOI	10.1109/IEEM.2007.4419212
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2007-12-02
Publisher Place	Singapore
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Control system analysis Performance management Decision making Companies Industrial engineering Electronic switching systems indicators management by processes Engineering management Collaborative work Performance analysis Continuous improvement Logic value streams
Content Type	Text
Resource Type	Article

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