The drawing is reflective of a Scrum sprint. Scrum is an iterative, incremental framework for project management and agile software development. The sprint is typical a two to four week process with the large loop representing the overall process and the smaller (top) loop representing a twenty-four period and the daily scrum meeting. In the Value Stream Marketing Process, I use the loops to demonstrate a higher level of intimacy with a prospect. The top loop is for existing customers to nurture an even stronger relationship.

The three separate areas of the diagram will have their own Kanban board, if there are separate teams working on them, or you could visualize each as a separate swim lane. Separating these three processes apart allow you to better identify the process steps and the tools needed to facilitate the value stream flow. And, of course, using a Kanban board for this process will help you identify where the process is not working or where the bottleneck is occurring.

The Kanban board is where the actual work gets done. We want to limit unnecessary work in process to be no higher than it needs to be to match the control point or pacemaker of the process (bottleneck). We will use these boards to limit Work in Process into each stage and as a result create a smoother work flow(Heijunka) with a goal of eliminating what Lean refer to as the 3 M’s, Muda (Waste), Mura (Unevenness or Inconsistent) and Muri (unreasonable). This way we maximize your marketing efforts to the fullest extent.

Scratching your head a bit? We will develop our Kanban Boards in later posts which will clarify things a bit. Don’t get hung up on process. All you really need to do is break down your present marketing systems onto a Kanban board and start.

Related Posts:
Pull: The Pull in Lean Marketing
Value Stream = Involve-Influence-Interaction- Intimacy-Commit: Value Stream Marketing and the Indirect Marketing Concept
Marketing Kanban: Marketing Kanban

Inventory lowers organizational effectiveness because the time and money spent taking care of the inventory could have been spent making the company more successful. Therefore, Lean organizations tend to receive the things they need to operate at the last responsible moment, this is called “Just in Time” (JIT). A JIT organization does not take on inventory until the moment they need it and therefore spends as little as possible maintaining inventory, greatly reducing the risk of having overstock.

But inventory isn’t just “stuff.” Inventory for us as individuals includes anything we have that requires maintenance or on-going attention. We have responsibilities, they aren’t going away. We will have a yard, it will need to be mowed. Dishes need to be washed. Children need to be raised.

Inventory for sales and marketing is prospects! As you think about what stops your marketing from being effective it is all about trying to appeal to the masses and as a result losing effectiveness both in time and money. As Jim said above, you should be taking the time making your company more successful and working on ineffective or wasteful leads is not going to do it.

The past several years the buzz word has been Inbound Marketing. Though I am a advocate of the basic approach and an advocate of using Social Media I have found that it really has resulted in a failed marketing strategy for many companies. Though it has increased the number of prospects it has done little to increase qualified buyers. That is why there has been push back from many organizations. It just has not been effective as the principle seems to indicate. Just because we automated the process does not mean we are managing Work in Process better.

So what happens if we limit work in process or the numbers of leads that we receive? Marketing to a targeted audience results in a cost savings and time savings. Would you need to hire more salespeople? Would you be able to use more experienced people at the right time and in the right place more often? Would you nurture and promote to a better qualified prospect? I believe the most important part of limiting Work in Process is that your message would simply be better. Not only would your information packet be much more targeted and information rich, it would also have a better chance to be delivered on time or in other words when a prospect is ready for it. Giving a prospect what he needs, when he needs it and how he wants it is a pretty important factor in today’s market. If you look at what vehicles prospects and your customers use to acquire the information they need, you will notice one important factor: they are just about all different. Multiplying that number by the number of prospects should certainly give you reason to start narrowing your field.

Why is now, the best time to convert to this strategy? The market itself has caused a constriction for most companies. This constriction has narrowed your market that should enable you to readily identify your target market. What are the last minute adjustments or concessions you make (JIT) to capture the sale? These are the present value drivers of your business. Are these the value drivers that you are willing to live with in the long term? How do they help you in identifying your present and future market?

Work in process is wasteful. It is wasteful in your personal life when not managed well, it is bad in manufacturing, it is bad from a sales and marketing perspective. Quit marketing at the top of your funnel. Instead learn how to manage your Work in Process!

P.S. By the way, I don’t even believe in a marketing funnel anymore. I will tell you more about that later!

Related Posts:

Improve throughput, cut your customers in half!

Lean your Marketing thru Segmentation

Define stage:

Why is the change necessary?
What is the proposed scope of this project?
What if we do nothing?
What alternatives have been looked at?
What will be the key objectives for this project?
What is out of scope?
Who is the sponsor for this project?
Who are the key stakeholders?
What are the principal risk to success?

Measure:

What specific benefits of this project deliver?
How will this project contribute to our goals?
What budget and resources will be required?
What assumptions and constraints should be considered?
What dependencies or interfaces should be considered?
What are the major project deliverables and milestones?
Who will manage this project?

Analyze:

How will all the work is scheduled?
Who will be responsible for each work package?
How will identified risk be manage?

Improve:

How are we progressing against our schedule?
How are we doing against budget and resource requirements?
What issues do we face?
What new risk have been identified?
What changes do we need to make to the plant?

Control:

Have we completed our handover to the users?
Have we closed the project and communicated where needed?
Have we captured useful knowledge and lessons learned?
Have we evaluated the results that we have achieved?

P.S. Implementation is a great book to have as a companion before, during and after providing the leadership in a project management process. It is on my trashy section on my bookshelf with other highlighted, written in and dog-eared page books.

Related Posts:

Improve your Marketing Cycle, Increase your Revenue

Speed may be the biggest Determent to your Marketing Success

· What can you Combine?

· What can you Adapt?

· What can you Modify or Magnify?

· Can you Put to other uses?

· What can you Eliminate or reduce?

· What can you Reverse/Rearrange?

So what would you reverse? This is only a subtle difference to most, but it really is a different mindset. How about sending information based on the customers actions? Let’s say that they attend a certain trade show, win a particular bid, follow a certain group of people or buy a certain product. There are so many ways, especially if we are monitoring their actions on the web that would enable us to get leading indicators about our own product.

What are those triggering points that would cause you to react? Go back to the SAMPER formula for a few ideas? What is combined with your product? What is eliminated by your product? I encourage you to take a close look at your DMP and figure out how you SCAMPER your DMP and get that drip going a different direction!

Technorati : Drip Marketing, Marketing Funnel, SCAMPER, Swiftpage