SVS: The Service Value Chain Flashcards
Definition: The Service Value Chain
The service value chain is a set of interconnected activities an organization performs to deliver a valuable product or service to its consumers and facilitate value realization.
Detail: The Service Value Chain
An operating model for service providers that covers all the key activities required to effectively manage products and services.
Value streams describe activities an organization takes in the creation of value:
* Convert inputs into outputs
* Activities may trigger other activities
Value chain activities use different combinations of ITIL practices.
SVC Activity: Plan
Ensure shared understanding of vision, current status, and improvement direction. Relevant planning activities at all levels: strategic, architectural, program/project, and so on.
SVC Activity: Improve
Ensure continual improvement. Execution of improvement activities and provision of improvement information. Provide improvement plans and status.
SVC Activity: Engage
Understand stakeholder needs, facilitate transparency, and continually engage. Interactions include users, customers, suppliers, and other stakeholders.
SVC Activity: Design and Transition
Ensure products and services meet expectations for cost, quality, and time-to-market. Creation of new or changed solution designs; management and implementation of change.
SVC Activity: Obtain/Build
Acquisition or building of components, whether acquired from a third party or built in-house. Ensure service components are available when and where needed per specifications.
SVC Activity: Deliver and Support
Day-to-day delivery of solutions; support for user needs related to the services.
SVC: Inputs and Outputs
Inputs are received from other activities of the SVC
Outputs are produced and used elsewhere in the SVC
The input/output relationships:
* Are interconnected in a complex and dense manner
* Support the interactions among all activities in the SVC
The input/output relationships are NOT
* Always linear
* Always one-to-one
The input/output relationships can be:
* Linear
* One-to-one
* One-to-many
* Many-to-one