Service Value Chain Flashcards

1
Q

The central element of the SVS is the ______ ______ ______, an operating model which outlines the key activities required to respond to demand and facilitate value realization through the creation and management of products and services.

A

Service Value Chain

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2
Q

What are the six service value chain activities?

  1. P
  2. I
  3. E
  4. D
  5. O
  6. D
A
  1. plan
  2. improve
  3. engage
  4. design and transition
  5. obtain/build
  6. deliver and support.
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3
Q

These activities represent the steps an organization takes in the creation of value. Each activity transforms inputs into outputs. These inputs can be demand from outside the value chain or outputs of other activities. All the activities are interconnected, with each activity receiving and providing triggers for further action.

A

Service Value Chain

  1. Plan
  2. Improve
  3. Engage
  4. Design and Transition
  5. Obtain/Build
  6. Deliver and Support
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4
Q

______, ensures a shared understanding of the vision, current status, and improvement direction for all four dimensions and all products and services across and organization.

A

Plan

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5
Q

______, ensures continual improvement of products, services, and practices across all value chain activities and the four dimensions of service management.

A

Improve

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6
Q

______, provides a good understanding of stakeholder needs, transparency, continual engagement, and good relationships with all stakeholders.

A

Engage

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7
Q

______ & ______, ensures products and services continually meet stakeholder expectations for quality, cost, & time to market.

A

Design & Transition

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8
Q

______/______, ensures service components are available when and wehere they are needed, and that they meet agreed specitications

A

Obtain/Build

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9
Q

______ & ______. ensures services a delivered and supported according to agreed specifications and stakeholder expectations

A

Deliver & Support

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10
Q

A ______ ______ is a series of steps an organization undertakes to create and deliver products and services to service.

A

Value Stream

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