Key Concepts of Service Management Flashcards
What is used to create a product portfolio?
Organizational Resources- this includes employees, equipment, suppliers, and networks.
The benefits, usefulness, or importance of something is
Value
People or organizations involved with a service provider, product, service, or practice. For example, employees, Customers, and suppliers. Are.
Stakeholders
A person or a group of people that use resources, such as employees, equipment, or anything the company needs to create a product and service for customers is
Organization or service provider
People or organizations involved with service providers, products, SERVICES or practices. “ skin in the game.”
Stakeholder
This is a person/group of people that use resources, such as employees, equipment, or anything the company needs to create a product and service for Customers
Organization
Range of products the company offers
Product portfolio
Range of services the company offers
Service portfolio
Organizations capability of creating services that add value for the customer
Service management
The service relationship jointly manage to ensure value is cocreated for services offered
Service Relationship Management
Activities the organization uses to provide services to customers, managing all providers, resources, access to use a resources, and defining previously agreed upon terms to resolve incidence
Service provisions
What are the four dimensions of service management?
- Organization and people.
- Technology and information.
- Partners and suppliers.
- Value stream and processes.
What does PESTLE stand for
Political, economic, social, technology, legal, and environmental
What are the seven guiding principles of creating value? (FSPCTKO)
- Focus on value.
- Start where you are.
- Progressive iterative with Feedback.
- Collaborate and promote visibility.
- Thank and work holistically.
- Keep it simple and practical.
- Optimize and automate.
Control system that organizations use when they need a new direction to achieve objectives. It is the second component.
Governance