Module 1: The Four Dimensions of Service Management Flashcards
What is Service Management?
Service management is a set of specialised organisational capabilities for enabling value to customers in the form of services. IT service management (ITSM) is the application of service management to IT.
Describe an organisation
A person or group of people
Operates in an integrated, coordinated way
Has distinct functions with responsibilities, authorities, and relationships
Facilitates value through fulfilling a common set of objectives
The purpose of an organisation is to create value for stakeholders
What is the definition of value?
Value is the perceived benefits, usefulness, and importance of something. This is subject to the perception of the stakeholders.
Explain the meaning of services
Services are a means of enabling value co-creation by facilitating outcomes that customers want to achieve, without the customer having to manage specific costs and risks.
What is the Service Value System?
The Service Value System describes how all the components and activities of the organisation work together as a system to enable value creation. The purpose is to ensure the organisation continually co-creates value with all stakeholders through the use and management of products and services.
What is the Service Value System comprised of?
The Service Value System is comprised of:
- 7 Guiding principles
- Governance
- Service value chain
- 34 Practices
- Continual improvement
What is the Service Value Chain?
The Service Value Chain is the steps an organisation takes in the creation of value.
A set of interconnected activities that an organisation performs to deliver a valuable product or service to its customers
Each activity contributes to the value chain by transforming specific inputs into outputs.
What are the 6 activities in the Service Value Chain?
- Plan: ensure a shared understanding of the vision, current status, and improvement direction for all 4 dimensions and all products and services across the organisation.
- Engage: provide a good understanding of stakeholder needs, transparency, and continual engagement and good relationships with all stakeholders.
- Design and Transition: ensure that products and services continually meet stakeholder expectations for quality, costs, and time to market.
- Obtain or Build: ensure that service components are available when and where they are needed, and meet agreed-upon specifications.
- Deliver and Support: ensure that services are delivered and supported according to agreed-upon specifications and stakeholders’ expectations.
- Improve: ensure continual improvement of products, services, and practices across all value chain activities and the four dimensions of service management.
What are the 34 practices for in the Service Value System?
The practices are sets of organisational resources designed for performing work or accomplishing an objective.
What does Governance mean in the Service Value System?
Governance is the means by which an organisation is directed and controlled. Organisational governance evaluates, directs, and monitors all the organisation’s activities, including those of service management.
What are the roles of Governing Bodies in the SVS?
Give direction, which the service value chain and the organisation’s practices must work in line with.
Maintain oversight of the SVS, either directly or through delegation of authority.
Maintain alignment through a clear set of shared principles and objectives.
Ensure governance and management are continually improved to meet expectations of the stakeholders.
What is continual improvement in the SVS?
It is a recurring activity to ensure that performance meets stakeholders’ expectations.
What is a guiding principle in the SVS?
A guiding principle is a recommendation that guides an organisation in all circumstances, regardless of changes in its goals, strategies, type of work, or management structure.
What are the 7 Guiding Principles?
- Focus on value
- Start where you are
- Progress iteratively with feedback
- Collaborate and promote visibility
- Think and work holistically
- Keep it simple and practical
- Optimise and automate
Explain what the Four Dimensions of Service Management are for?
They are critical to the effective and efficient facilitation of value for customers and other stakeholders in the form of products and services