Foundations Flashcards
A set of organizational capabilities for enabling value to customers in the form of services
Service Management
A means of enabling value co-creation by facilitating outcomes that customers want to achieve, without customers having to manage specific costs and risk
Service
The perceived benefits, usefulness and importance of something
Value
A configuration of an organization’s resources designed to offer value to a customer
Product
A person or a group of people that has its own functions with responsibilities, authorities and relationships to achieve its objectives
Organization
A person who defines requirements for services and takes responsibility for outcomes from service consumption
Customer
A person who uses services
User
A person who authorizes the budget for service consumption
Sponsor
A person with a (vested) interest in the service provision, this can include shareholders, executive, customers and users etc
Stakeholder
The tangible or intangible delivery of an activity
Output
A result for a stakeholder enabled by one or more activities
Outcome
The functionality offered by a product or service to meet a particular need
This is more easily understood as considering “what the service does”
Utility
The assurance that a product or service will meet agreed requirements
This is more easily understood as considering “how the service performs”
Warranty
A formal description of one or more services, designed to meet the needs of a target consumer group. This may include goods, access to resources and service actions
Service Offering
A cooperation between a service provider and a service consumer. These include service provision, service consumption and service relationship management
Service Relationship
A role performed by an organization in a service relationship to consume services
Service Consumer
A role performed by an organization in a service relationship to provide services to consumers
Service Provider
Joint activities performed by a service provider and a service consumer to ensure continual value co-creation based on agreed available service offerings
Service Relationship Management
A tangible or intangible delivery of an activity
Output
A result for a stakeholder enabled by one or more outputs
Outcome
The amount of money spent on a specific activity or resource
Cost
A possible event that could cause harm or loss or make it more difficult to achieve objectives. This can also be defined as uncertainty of outcome, and can be used in the context of measuring the probability of positive outcomes as well as negative outcomes
Risk
Activities performed by an organization to provide services.
Includes: Management of the provider’s resources, configured to deliver the service.
ensuring access to these resources for users.
fulfillment of the agreed service actions.
service level management and continual improvement.
the supplying of goods.
Service Provision
Activities performed by an organization to consume services.
Includes: Management of the consumer’s resources needed to use the service.
performed by users, including the provider’s resources, and requesting service actions to be fulfilled.
the receiving (acquiring) of goods.
Service Consumption
A recommendation that guides an organization in all circumstances, regardless of changes in its goals, strategies, type of work, or management structure. It is universal and enduring.
Guiding Principle
Organizations should not use just one or two principles but should consider the relevance of each of them and how they apply together. Not all principles will be critical in every situation but they should be reviewed on occasion.
Guiding Principle Interaction
Everything that the organizations does needs to map, directly or indirectly, to value for the stakeholders.
Encompasses many perspectives, including the experience of customers and users.
Focus on Value
Do not start from scratch and build something new without considering what is already available to be leveraged. There is likely to be a great deal in the current services, processes, programmes, projects, and people that can be used to create the desired outcome.
The current state should be investigated and observed directly to make sure it is fully understood.
Start Where You Are
Do not attempt to do everything at once. Even huge initiatives must be accomplished iteratively.
By organizing work into smaller, manageable sections that can be executed and completed in a timely manner, it is easier to maintain a sharper focus on each effort.
Using feedback before, throughout, and after each iteration will ensure that actions are focused and appropriate, even if circumstances change.
Progress Iteratively with Feedback
Working together across boundaries produces results that have greater buy-in, more relevance to objectives, and increased likelihood of long-term success.
Achieving objectives requires information, understanding, and trust. Work and consequences should be made visible, hidden agendas avoided, and information shared to the greatest degree possible.
Collaborate and Promote Visibility
No service, or element used to provide a service, stands alone. The outcomes achieved by the service provider and service consumer will suffer unless the organization works on the service as a whole, not just on its parts.
Results are delivered to internal and external customers through the effective and efficient management and dynamic integration of information, technology, organization, people, practices, partners, and agreements, which should all be coordinated to provide a defined value.
Think and Work Holistically
If a process, service, action, or metric fails to provide value or produce a useful outcome, eliminate it. In a process or procedure, use the minimum number of steps necessary to accomplish the objectives. Always use outcome-based thinking to produce practical solutions that deliver results.
Keep it Simple and Practical
Resources of all types, particularly HR, should be used to their best effect. Eliminate anything that is truly wasteful and use technology to achieve whatever it is capable of. Human intervention should only happen where it really contributes value.
Optimize and Automate
The complexity of organizations is growing, and it is important to ensure that the way an organization is structured and managed, as well as its roles, responsibilities, and systems of authority and communication, is well defined and supports its overall strategy and operating model.
Organizations and people