Flashcards in ITIL v4 Deck (109)
Which are the four motivation factors for people at work?
- Interesting Work
ITIL Service Value Chain
It is an operating model which covers the key activities required to effectively manage products and services.
What is the purpose of the Workflow and Talent Management practice?
To enable organization, leaders, and managers to focus on creating an effective and actionable people strategy so that the organization can achieve its mission, goals,, and strategic objectives.
A simple prioritization technique for managing requirements.
It allows stakeholders to explicitly agree on the different priorities.
What are the 7 guiding principles
1. Focus on Value
2. Start Where you Are
3. Progress Interactively with Feedback
4. Collaborate and promote Visibility
5. Think and work Holistically
6. Keep it Simple and Practical
7. Optimize and Automate
A person who uses services
What are Service Providers
An organization who provision services. They can be Internal or External to the Consumers organization.
What is an Organization
A person or group of people that has its own functions with responsibilities, authorities, and relationships to achieve its objectives.
Person who authorizes budget for service consumption
What is the definition of Service Management
A set of Specialized Organizational Capabilities for enabling value for customers in the form of services.
A Value Stream describes how value is created, from demand to value realization, often through the delivery of Services and Products.
It is a series of steps.
A configuration of an organizations resources designed to offer value for a customer.
- Nearshoring (minimum time zone difference)
- Offshoring (big timezone difference)
What is Value?
The perceived Benefits, Usefulness and Importance of something.
What are the main parts of the Service Value System (SVS)?
- Guiding Principles
- Service Value Chain
- Continual Improvement
Means for enabling value co-creation by facilitating outcomes that customers want to achieve without the customer having to manage specific costs and risks.
The ability to recognize, understand, predict, and project interests, needs, intentions and experience of another party, in order to establish, maintain and improve service relationship.
How is Value created?
It is co-created through active collaboration between providers, consumers and other organizations.
It is not uni-directional.
Little's Law when talking about key metrics for Value Streams
Work in Progress = Throughput x Leadtime
= Throughput x (Cycle Time + Wait Time)
What are the key elements of a Continual Service Improvement culture?
- Management by example
- Building Trust
- Active encouragement of positive behaviors
- Clear Continual Improvement expectations
- Marketing and Celebration of success
An important component of organizational culture, which defines organization's behavior in service relationships. It includes shared values and guiding principles adopted and followed by the organization.
Define Service Consumers
An organization who receives services
What is the first step of the guiding principle "Focus on Value"?
Determine who the service Consumer is in each situation.
Value Stream Mapping (VSM)
Used to gain insight into an organisations workflow. Can be used to identify both value adding and value non-adding activities in a Value Stream, while providing insight into opportunities for optimization and automation.
It can be seen as an assessment and also planning.
What are the 6 key activities of the Service Value Chain?
How to develop and nurture good team culture?
- Incorporate the vision into the team culture
- Meeting regularly,
- Creating Leaders, more than Managers
- Encouraging informed teams
- Cross Training employees
- Integrating socially
- Providing Feedback
- Promoting a culture of learning
Key Metrics for Value Streams
- Cycle Time
- Wait Time
- Lead Time
- Work in Progress