Section 2 Flashcards
Organizational Capability
Having both the capacity and the ability to perform required functions.
Value
The perceived benefits, usefulness, and importance of something. Note: it is always something perceived and therefore subjective.
Organization
A person or a group of people that has its own functions, responsibilities, and relationships to achieve its objectives.
Service Provider
A role performed by an organization in a service relationship to provide services to consumers.
Consumer
A role performed by an organization in a relationship that consumes or uses a service.
User
A person who uses services.
Customer
A person who defines the requirements for a service and takes responsibility for the outcomes of service consumption.
How should an organization organize its people?
To best support its activities, practices, and processes.
How is value created?
It is co-created by a service provider and service consumer.
What are the two generic roles an organization can fulfill?
- Service Provider 2. Service Consumer An organization can fulfill them simultaneously.
What three generic roles can people fulfill?
- User 2. Customer 3. Sponsor These can be filled individually or simultaneously.
Sponsor
A person who authorizes the budget for service consumption.
What often happens when a Service Provider is able to make the Sponsor, Customer and User happy?
Repeat business.
Service
Means of enabling value co-creation by facilitating outcomes that customers want to achieve, without the customer having to manage specific costs and risks.
Product
Configuration of resources created by an organization that might be valuable for a customer.