ITIL Service Value System
ITIL Service Value System
ITIL Service Value System
THE ITIL®
SERVICE VALUE
SYSTEM
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The ITIL® service
value system
In the key concepts of service management module, you learned about the general
goals of organizations – co-creating value with customers through the provision and
management of services. In this module, you’ll learn about the system at the heart of
ITIL® that will help you to achieve this goal; the ITIL service value system (SVS).
The SVS is made up of five components. You need to be able to describe each of
these components. We’ll also spend more time on one of the components, the
service value chain (SVC), which is one of the most important and powerful elements
of the SVS.
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Contents
The ITIL® service value system 2
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The ITIL service value
system (SVS)
GUIDING
PRINCIPLES
GOVERNANCE
OPPORTUNITY/
SERVICE VALUE CHAIN VALUE
DEMAND
PRACTICES
CONTINUAL
IMPROVEMENT
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Breaking down the
ITIL SVS
Guiding principles
Governance
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Practices
Continual
improvement
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The ITIL service value
chain (SVC)
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Breaking down the
ITIL SVC
Plan
Planning is key to success because it creates ‘a shared
understanding of the vision, current status, and
improvement direction for…all products and services
across the organization’.
Improve
The SVS and SVC are designed to keep the organization
focused on turning demand into co-created value.
Through continual improvement, the organization
maintains a focus on co-creating value.
Engage
All the planning and improvement in the world
won’t help the organization achieve its goal of co-
created value if it doesn’t engage consistently with all
stakeholders.
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Design and transition
Your stakeholders will have specific expectations
of what your service will provide. The design and
transition activity helps you continually meet these
expectations. Services need to be specifically designed
for the outcome your customer’s value.
Obtain/build
Ultimately, if you don’t have a service to deliver, you
won’t be able to co-create value. This activity focuses
on either creating or sourcing the service you want to
deliver.
Based upon AXELOS® ITIL® materials. Material is used under licence from AXELOS
Limited. All rights reserved.
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