Jim Womack: Learning to Share your Value Streams

Jim Womack, founder of the Lean Enterprise Institute & co-author of "The Machine that Changed World" (among others), explains how vertically-organized organizations along with their suppliers and distributors operate in silos, effectively eliminating any chance of optimizing the flow of value. Using already developed tools - Value Stream Mapping being the most powerful among them - organizations can synchronize management systems and incentives so everyone does the right thing.