Podcast
Questions and Answers
What stage involves gathering much more information through digital means than physical locations?
What stage involves gathering much more information through digital means than physical locations?
- Stage 2: New Knowledge (correct)
- Stage 1: Initial Data Gathering
- Stage 4: New Relationships
- Stage 3: New Services
What program did PLDT initiate to engage customers better?
What program did PLDT initiate to engage customers better?
- Customer Loyalty Program
- Home Rewards Program (correct)
- Direct Discount Program
- Online Payment Initiative
In which stage does PLDT explore collaboration with customers to create value?
In which stage does PLDT explore collaboration with customers to create value?
- Stage 3: New Services
- Stage 1: Initial Data Gathering
- Stage 4: New Relationships (correct)
- Stage 2: New Knowledge
What is a potential risk associated with the extensive use of technology for data gathering?
What is a potential risk associated with the extensive use of technology for data gathering?
What strategy can PLDT use to build better relationships with customers?
What strategy can PLDT use to build better relationships with customers?
What is a responsibility of organizations regarding user information?
What is a responsibility of organizations regarding user information?
How did PLDT capitalize on customers' preferences for online payments?
How did PLDT capitalize on customers' preferences for online payments?
What is the primary purpose of the virtual value chain in business organizations?
What is the primary purpose of the virtual value chain in business organizations?
What is a limit in the use of information mentioned in the content?
What is a limit in the use of information mentioned in the content?
Which of the following is NOT a component of the virtual value chain?
Which of the following is NOT a component of the virtual value chain?
What key advantage does the marketspace provide to IT service providers?
What key advantage does the marketspace provide to IT service providers?
How did PLDT effectively utilize new processes in their service delivery?
How did PLDT effectively utilize new processes in their service delivery?
What is a characteristic of the traditional physical value chain?
What is a characteristic of the traditional physical value chain?
Which of the following best describes the significance of having a marketspace?
Which of the following best describes the significance of having a marketspace?
Which of the following describes one of the objectives of the virtual value chain?
Which of the following describes one of the objectives of the virtual value chain?
What does the term 'Synthesize' refer to in the context of the virtual value chain?
What does the term 'Synthesize' refer to in the context of the virtual value chain?
What is the main objective of Service Transition?
What is the main objective of Service Transition?
Which of the following is part of Change Management in Service Transition?
Which of the following is part of Change Management in Service Transition?
What is the primary purpose of Access Management?
What is the primary purpose of Access Management?
What does Release & Deployment Management specifically handle?
What does Release & Deployment Management specifically handle?
Which aspect of Continual Service Improvement (CSI) involves collecting feedback from users about products and services?
Which aspect of Continual Service Improvement (CSI) involves collecting feedback from users about products and services?
Which sub-unit of Service Transition focuses on the availability of IT resources?
Which sub-unit of Service Transition focuses on the availability of IT resources?
What role does IT Operations Control play in service delivery?
What role does IT Operations Control play in service delivery?
Which initiative type in CSI can only involve the IT team?
Which initiative type in CSI can only involve the IT team?
What is a key aspect of Service Operation?
What is a key aspect of Service Operation?
What is a key outcome of Problem Management?
What is a key outcome of Problem Management?
What role does Event Management play in Service Operation?
What role does Event Management play in Service Operation?
What is the primary focus of Business Relationship Management?
What is the primary focus of Business Relationship Management?
What is one primary purpose of service strategy in IT Service Management?
What is one primary purpose of service strategy in IT Service Management?
What does Knowledge Management aim to achieve in Service Transition?
What does Knowledge Management aim to achieve in Service Transition?
Which process is NOT part of Continual Service Improvement (CSI)?
Which process is NOT part of Continual Service Improvement (CSI)?
Which sub-unit of Service Design deals with managing commitments and contracts?
Which sub-unit of Service Design deals with managing commitments and contracts?
Which of the following actions can help build a trusting relationship between service providers and users?
Which of the following actions can help build a trusting relationship between service providers and users?
What does Process Evaluation involve?
What does Process Evaluation involve?
What is the main goal of Demand Management?
What is the main goal of Demand Management?
Which process is involved in managing incidents during Service Operation?
Which process is involved in managing incidents during Service Operation?
What type of analysis does Service Portfolio Management involve?
What type of analysis does Service Portfolio Management involve?
Which statement about Continual Service Improvement (CSI) is accurate?
Which statement about Continual Service Improvement (CSI) is accurate?
Why is it important to monitor and protect cloud and data servers?
Why is it important to monitor and protect cloud and data servers?
What challenge can arise from untrustworthy information collected from users?
What challenge can arise from untrustworthy information collected from users?
Which management process assesses risks against their potential rewards?
Which management process assesses risks against their potential rewards?
Which aspect is emphasized in the reliability of user information?
Which aspect is emphasized in the reliability of user information?
What does Availability Management focus on in terms of IT projects?
What does Availability Management focus on in terms of IT projects?
What risk does Service Strategy identify in the planning process?
What risk does Service Strategy identify in the planning process?
What is a key benefit of effective service design during IT rollouts?
What is a key benefit of effective service design during IT rollouts?
Which measure can help ensure users know where their information goes after they submit it?
Which measure can help ensure users know where their information goes after they submit it?
Which sub-unit ensures that external suppliers are equipped to meet demands?
Which sub-unit ensures that external suppliers are equipped to meet demands?
What role do Terms and Conditions play in relation to user data?
What role do Terms and Conditions play in relation to user data?
Flashcards
Stage 2: New Knowledge
Stage 2: New Knowledge
The stage where businesses start using digital tools to gather information. For example, websites and social media are used instead of physical locations.
Stage 3: New Services
Stage 3: New Services
This stage involves analyzing the information gathered to create new services that meet customers' needs. Example: PLDT's rewards program addresses a need for customer engagement.
Stage 4: New Relationships
Stage 4: New Relationships
This stage involves building relationships with customers through collaboration and engagement. Example: PLDT could use brand ambassadors to promote their services.
Virtual Value Chain
Virtual Value Chain
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Invasion of Privacy
Invasion of Privacy
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Unconsented Information Sharing
Unconsented Information Sharing
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Data Security
Data Security
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Organization's Responsibility for Data Security
Organization's Responsibility for Data Security
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Marketplace and Marketspace
Marketplace and Marketspace
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Value Chain
Value Chain
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Direct and Cost-Effective Interactions
Direct and Cost-Effective Interactions
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Providing Specific Value Services
Providing Specific Value Services
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Continuous Value Creation and Delivery
Continuous Value Creation and Delivery
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Virtual Value Chain Stages
Virtual Value Chain Stages
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New Processes Stage
New Processes Stage
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Information Reliability
Information Reliability
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Data Privacy & Fairness
Data Privacy & Fairness
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IT Service Management (ITSM)
IT Service Management (ITSM)
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Service Strategy
Service Strategy
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Legal & Ethical Agreements
Legal & Ethical Agreements
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Legal Compliance
Legal Compliance
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IT Service Management: Incident & Request Resolution
IT Service Management: Incident & Request Resolution
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Strategy Management for IT Services
Strategy Management for IT Services
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Service Portfolio Management
Service Portfolio Management
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Demand Management
Demand Management
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Business Relationship Management
Business Relationship Management
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Service Design
Service Design
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Service Level Management
Service Level Management
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Capacity Management
Capacity Management
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Availability Management
Availability Management
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What is IT Service Management (ITSM)?
What is IT Service Management (ITSM)?
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What is Service Strategy?
What is Service Strategy?
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What is Problem Management?
What is Problem Management?
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How does Access Management work?
How does Access Management work?
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What's the role of IT Operations Control?
What's the role of IT Operations Control?
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How does Continual Service Improvement (CSI) work?
How does Continual Service Improvement (CSI) work?
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What is Service Review?
What is Service Review?
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How does Process Evaluation work?
How does Process Evaluation work?
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Service Transition
Service Transition
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Release & Deployment Management
Release & Deployment Management
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Service & Validation Testing
Service & Validation Testing
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Service Assets & Configuration Management
Service Assets & Configuration Management
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Service Operation
Service Operation
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Event Management
Event Management
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Incident Management
Incident Management
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Knowledge Management
Knowledge Management
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Study Notes
IT Service Methods
- Business organizations compete in the marketplace (physical world) and marketspace (virtual).
- IT service providers can maximize both by having physical locations for services like installation and physical locations for online services.
- Collecting customer information (surveys) online improves service delivery and creates customer value.
Virtual Value Chain
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Creating value involves stages linked in a value chain.
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A physical value chain includes raw materials, operations, delivery, sales, marketing, and service.
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A virtual value chain uses information to create value through digital and virtual realms.
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Objectives of a virtual value chain include:
- Creating direct, cost-effective interactions between value chain members and users.
- Providing users with specific value services like better performance/look/security/reliability.
- Ensuring continuous creation and delivery of value.
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There are five components to a virtual value chain: gather, organize, select, synthesize, distribute.
Stage 1: New Processes
- Envisioning physical processes more effectively with information.
- Examples include PLDT's paperless billing, moving from manual filing to a computerized database.
Stage 2: New Knowledge
- Applying digital/virtual alternatives to physical information.
- Gathering and organizing more information efficiently using websites and social media.
Stage 3: New Services
- Analyzing new information to discover new service needs and delivery methods.
- Examples include a rewards program (e.g., PLDT's Home Rewards) to encourage online payments.
Stage 4: New Relationships
- Exploring opportunities for collaboration with customers to create value.
- Examples include brand ambassadors or customer testimonials.
Limits in the Use of Information
- Invasion of privacy: Technology assists data gathering which can be misused, hence requires careful handling and user information privacy.
- Data security: Information security is crucial since data could be subject to lawsuits and federal charges.
- Reliability: Some users may provide unreliable information that can influence service planning.
ITSM Processes (ClydeBank, 2022)
- IT Service Management (ITSM) has five stages based on the ITIL framework.
- These processes manage incidents, service requests, and IT assets.
Service Strategy
- Defines services, strategic planning & infrastructure development.
- Focuses on "whys" rather than "hows" in planning.
- Identifies potential risks and threats in service delivery.
- Sub-units: Strategy Management for IT Services, Service Portfolio Management, Demand Management, Business Relationship Management.
Service Design
- Translates Service Strategy ideas into form.
- Risks are mitigated by proper planning, making it less expensive than fixing a botched implementation.
- Sub-units: Service Level Management, Risk Management, Capacity Management, Availability Management, Compliance Management, Supplier Management.
Service Transition
- Implementing proposed services with minimum disruption to existing services.
- Sub-units: Change Management, Release & Deployment Management, Service & Validation Testing, Service Assets & Configuration Management, Knowledge Management.
Service Operation
- Daily delivery of services.
- Includes substantial contingency plans for anomalies and disruptions.
- Sub-units: Event Management, Incident Management, Request Fulfillment, Access Management, Problem Management, IT Operations Control.
Continual Service Improvement (CSI)
- Evaluates and improves service quality through feedback loops.
- Sub-units: Service Review, Process Evaluation, Definition of CSI Initiatives.
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