The Agile Stream Framework (ASF) is designed to improve enterprise operations within the Agile software development life cycle by identifying and reducing operational drag. It defines roles such as Agile Team (AT), Agile Stream Team (AST), and Enterprise Stream Team (EST), each with specific responsibilities to address impediments and streamline processes. The framework incorporates tools like Story Drag Coefficient (SDC) and Daily Drag Index (2DI) to measure and visualize impediments impacting team productivity.