I wrote this section based on my experiences running a software platform team for a decade, and a LOT of reading and talking!

(I have no formal training nor certification in anything, these are just my personal perceptions, as made through many different ideas and models that I’ve read by many great thinkers.)

Forms of demand

Value Demand

All the demand that eventually produces Throughput.

Examples

Failure Demand

Demand created by a failure to produce value for a previous demand.

All failure demand is waste.

Examples