Deck 1 Flashcards
What does the service value system describe?
How all components and activities of the organisation work together to enable value creation
What are the components of the SVS?
Guiding principles
Governance
service value chain
practices
continual improvement
What are guiding principles
Recommendations that guide the organisation in all circumstances
What is governance
The means by which the organisation is directed and controlled
What is the service value chain
A set of interconnected activities that an organisation performs to deliver a product or service
what are practices
sets of organisational resources designed for performing work
What are the 4 dimensions of service management
- Organisations and people
- partners and suppliers
- information and technology
- processes and value streams
What is service management
A set of specialised organisational capabilities for enabling value for customers in the form of services
What is value
the perceived benefits, usefulness and importance of something
- value is co-created
- value is subjective
- active collaboration between consumers and providers
What are service providers
they take on the role of provisioning services
What is a service consumer
an organisation receiving services they take on the role of service consumer
What is a user
The role that users servicesh
what is a consumer
The roles that defines requirements and takes responsibility for the outcomes of service consumption
What is the sponser
The roles that authorises the budget for service consumption
what is an organisation
An organisation is a person/group that has it;sown functions with responsibilities, authorities and relationships to achieve objectives
- an orgnaisation can be both a service provider and a service consumer
What is a service?
A means of enabling value co-creation by facilitating outcomes that customers want to achieve
- the services that an organisation provides are based on one or more of it’s products
What is a product
A configuration of an organisations resources designed to offer value for a consumer
what is a service offering
a description of one or more services, designed to address the needs of a target consumer group. (can be labelled as a package)
What is a service relationship?
A cooperation between service providers and service consumers
What is a service provision?
Activities performed by an organisation to provide services
What is service consumption?
activities performed by an organisation to consumer services
What is service relationship management?
Joint activities performed by service providers and consumers to ensure continual value co-creation based on agreed and available service offerings
What is the service relationship model ?
when a service provider provides products/services to a consumer, they can then use this to provide products/services to their consumers
when are service relationships percieved as valueable?
When they have more positive than negative effects
What is an output
A tangible or intangible deliverable
What is an outcome
a result for a stakeholder enabled by one or more outputs, out comes focus on customer experience
What is a cost?
The amount of money spent on a specific activity or resource
What are the two costs a consumer is interested in?
Costs removed by the service and costs imposed by the service
What is a risk?
A possible event that could cause hard or less or make it more diffiuclt to achieve objectives
- can be dines as uncertainty of outcomes
What is utility?
The functionality offered by a product or service
- what the product does
What is warranty
An assurance of the agreed requirements
- how the service performs
a service is a means of enabling value … by faciliting outcomes that customers want to achieve
Co-creation
What relationship does the roles of the sponser have to services
they authorise the budget for service consumption
What is the definition of utility
The functionality offered by a product or service to meet a particular need
What are inputs of the SVS?
opportunities and demand
What are opportunities
They represent options or possibilities to add value for stakeholders or otherwise improve the organisation
What is demand
the need or desire for products or services among internal and external consumers
What is outcome of the svs
the outcome of the svs is value (the outcome in general is results for the stakeholder)
What are guiding principles?
They guide an organisation in all cirumstances
What supports successful actions and good decisions?
The guiding principles
What is governance
they control and direct the organisation