Remember when we talked about the five parts of every business? Today, we’re going to dive deeper into how value creation (the first part) and value delivery (the fourth part) work together in something called the “value stream.” It’s like a magical river that carries your awesome idea all the way to your happy customers!
Imagine you’re making a comic book about how your lemonade gets from a lemon on a tree to a big smile on your customer’s face. That whole story, from start to finish, is what we call the value stream!
The value stream includes:
Understanding your value stream helps you:
Imagine we’re drawing a big comic strip of your lemonade’s journey. Here’s what it might look like:
Now that you can see your whole value stream, you can make it even better! Here’s how:
Pretend you’re a detective investigating a toy factory. Draw a simple comic strip (like we did for the lemonade stand) showing how a toy goes from an idea to a kid playing with it. Try to include at least 6 steps!
Remember, the value stream is like a bridge connecting your awesome idea (value creation) to your happy customers (value delivery). By understanding and improving your value stream, you’re making sure that bridge is strong, fast, and full of magic!
Verse 1:
From a tree to a grin, it’s quite a trip
Let’s follow the lemonade, sip by sip
Value creation, that’s where we start
Picking lemons fresh, straight from the heart
Pre-Chorus:
Squeeze and mix, stir it up right
Make a sign that’s colorful and bright
Set up your stand, wait for the crowd
Pour with a smile, make your customers proud
Chorus:
Lemon to Smile, watch the value flow
Creating, marketing, selling, you know
Delivery and finance, complete the stream
Lemon to Smile, it’s a business dream
Verse 2:
Look for bottlenecks, cut out the waste
Speed things up, but don’t lose the taste
Keep improving, that’s the key
Make your value stream the best it can be
(Pre-Chorus)
(Chorus)
Bridge:
From comic strips to toy factories
Value streams flow through all industries
Be a detective, map it out
That’s what business is all about
(Chorus)
Outro:
Lemon to Smile, your journey’s complete
From tree to happy customer, oh so sweet
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