IT Service Methods and Virtual Value Chain

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

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?

  • 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?

  • 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?

<p>Data Breach and Exposure (A)</p> Signup and view all the answers

What strategy can PLDT use to build better relationships with customers?

<p>Assigning brand ambassadors (C)</p> Signup and view all the answers

What is a responsibility of organizations regarding user information?

<p>Ensuring data confidentiality (C)</p> Signup and view all the answers

How did PLDT capitalize on customers' preferences for online payments?

<p>By creating a system for online transactions (C)</p> Signup and view all the answers

What is the primary purpose of the virtual value chain in business organizations?

<p>To create and deliver value continuously through digital interactions. (C)</p> Signup and view all the answers

What is a limit in the use of information mentioned in the content?

<p>Misuse of personal information (B)</p> Signup and view all the answers

Which of the following is NOT a component of the virtual value chain?

<p>Assess (C)</p> Signup and view all the answers

What key advantage does the marketspace provide to IT service providers?

<p>Access to difficult-to-obtain customer information. (C)</p> Signup and view all the answers

How did PLDT effectively utilize new processes in their service delivery?

<p>By adopting paperless billing for customers. (A)</p> Signup and view all the answers

What is a characteristic of the traditional physical value chain?

<p>Includes delivery, sales, and marketing processes. (B)</p> Signup and view all the answers

Which of the following best describes the significance of having a marketspace?

<p>It allows the collection of valuable customer data and improves service delivery. (C)</p> Signup and view all the answers

Which of the following describes one of the objectives of the virtual value chain?

<p>To offer advantages like performance and reliability to end-users. (D)</p> Signup and view all the answers

What does the term 'Synthesize' refer to in the context of the virtual value chain?

<p>Combining collected data to generate insights and value. (B)</p> Signup and view all the answers

What is the main objective of Service Transition?

<p>To seamlessly implement new services and minimize disruptions (A)</p> Signup and view all the answers

Which of the following is part of Change Management in Service Transition?

<p>Implementing new IT services while reducing existing disruptions (A)</p> Signup and view all the answers

What is the primary purpose of Access Management?

<p>To verify user identity and credentials. (A)</p> Signup and view all the answers

What does Release & Deployment Management specifically handle?

<p>Schedules the release of new services while reducing disruptions (B)</p> Signup and view all the answers

Which aspect of Continual Service Improvement (CSI) involves collecting feedback from users about products and services?

<p>Service Review (D)</p> Signup and view all the answers

Which sub-unit of Service Transition focuses on the availability of IT resources?

<p>Service &amp; Validation Testing (D)</p> Signup and view all the answers

What role does IT Operations Control play in service delivery?

<p>It monitors IT infrastructures and supports daily tasks. (C)</p> Signup and view all the answers

Which initiative type in CSI can only involve the IT team?

<p>Internal Initiatives (C)</p> Signup and view all the answers

What is a key aspect of Service Operation?

<p>Providing day-to-day reliable service delivery (D)</p> Signup and view all the answers

What is a key outcome of Problem Management?

<p>Minimizing the damage from incidents. (C)</p> Signup and view all the answers

What role does Event Management play in Service Operation?

<p>Sets standards for system changes that might prompt action (B)</p> Signup and view all the answers

What is the primary focus of Business Relationship Management?

<p>Identifying customers and understanding their expectations (B)</p> Signup and view all the answers

What is one primary purpose of service strategy in IT Service Management?

<p>To define the services offered and strategic planning processes (A)</p> Signup and view all the answers

What does Knowledge Management aim to achieve in Service Transition?

<p>Avoid wasting time on recovering previously obtained knowledge (C)</p> Signup and view all the answers

Which process is NOT part of Continual Service Improvement (CSI)?

<p>Access Management (B)</p> Signup and view all the answers

Which sub-unit of Service Design deals with managing commitments and contracts?

<p>Service Level Management (A)</p> Signup and view all the answers

Which of the following actions can help build a trusting relationship between service providers and users?

<p>Providing transparency about data usage through Terms and Conditions (C)</p> Signup and view all the answers

What does Process Evaluation involve?

<p>Benchmarking and maintaining data on service effectiveness. (D)</p> Signup and view all the answers

What is the main goal of Demand Management?

<p>To scale resources according to demand (D)</p> Signup and view all the answers

Which process is involved in managing incidents during Service Operation?

<p>Incident Management (A)</p> Signup and view all the answers

What type of analysis does Service Portfolio Management involve?

<p>Analyzing service costs and their returned value (C)</p> Signup and view all the answers

Which statement about Continual Service Improvement (CSI) is accurate?

<p>CSI initiatives can be both internal and external. (A)</p> Signup and view all the answers

Why is it important to monitor and protect cloud and data servers?

<p>To prevent possible lawsuits and federal charges (C)</p> Signup and view all the answers

What challenge can arise from untrustworthy information collected from users?

<p>It can alter plans for developing new services (A)</p> Signup and view all the answers

Which management process assesses risks against their potential rewards?

<p>Risk Management (A)</p> Signup and view all the answers

Which aspect is emphasized in the reliability of user information?

<p>Ensuring the validation of acquired information (A)</p> Signup and view all the answers

What does Availability Management focus on in terms of IT projects?

<p>Qualitative capacity and necessary resources (B)</p> Signup and view all the answers

What risk does Service Strategy identify in the planning process?

<p>Potential risks and threats to service delivery (D)</p> Signup and view all the answers

What is a key benefit of effective service design during IT rollouts?

<p>It reduces the likelihood of project failure (A)</p> Signup and view all the answers

Which measure can help ensure users know where their information goes after they submit it?

<p>Providing clear and structured agreements on data usage (D)</p> Signup and view all the answers

Which sub-unit ensures that external suppliers are equipped to meet demands?

<p>Supplier Management (C)</p> Signup and view all the answers

What role do Terms and Conditions play in relation to user data?

<p>They serve as a warning and educational resource for users (A)</p> Signup and view all the answers

Flashcards

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

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

This stage involves building relationships with customers through collaboration and engagement. Example: PLDT could use brand ambassadors to promote their services.

Virtual Value Chain

A virtual value chain is a way to create value by analyzing customer information. It leverages online tools to improve services.

Signup and view all the flashcards

Invasion of Privacy

The risk of privacy breaches when companies gather information through digital means. Sensitive information can be accessed by malicious individuals.

Signup and view all the flashcards

Unconsented Information Sharing

When user information is shared without informed consent or is sold to third parties, it can be a violation of privacy.

Signup and view all the flashcards

Data Security

Companies should prioritize the security of user information. This includes measures to prevent data leaks and unauthorized access.

Signup and view all the flashcards

Organization's Responsibility for Data Security

A business's responsibility to protect users' information from misuse. This promotes trust and ethical data handling.

Signup and view all the flashcards

Marketplace and Marketspace

Two interconnected realms where businesses compete: the physical marketplace for goods and services, and the virtual marketspace for information and digital interactions.

Signup and view all the flashcards

Value Chain

A series of linked stages that transform raw materials into valuable goods or services, encompassing operations, delivery, sales, marketing, and service.

Signup and view all the flashcards

Direct and Cost-Effective Interactions

A key objective of the virtual value chain focusing on facilitating cost-effective and direct interactions between users and value chain members.

Signup and view all the flashcards

Providing Specific Value Services

A vital objective of the virtual value chain aiming to provide end-users with unique and valuable services based on factors such as performance, aesthetics, security, and reliability.

Signup and view all the flashcards

Continuous Value Creation and Delivery

An essential objective of the virtual value chain focused on ensuring a consistent flow of value creation and delivery.

Signup and view all the flashcards

Virtual Value Chain Stages

The five stages of the virtual value chain: Gather, Organize, Select, Synthesize, and Distribute. Each stage is applied to create value in both the physical and virtual realms of the value chain.

Signup and view all the flashcards

New Processes Stage

The initial stage of the virtual value chain, which involves reimagining physical operations with the help of information technology and digital tools.

Signup and view all the flashcards

Information Reliability

Ensuring information from users is accurate and reliable. This includes quality checks and identifying unreliable sources.

Signup and view all the flashcards

Data Privacy & Fairness

The practice of clearly informing users about what happens to their data, like cookies or submitted forms, to build trust.

Signup and view all the flashcards

IT Service Management (ITSM)

A set of processes designed to manage IT services, addressing incidents, service requests, and IT assets, ensuring a smoother and efficient IT environment.

Signup and view all the flashcards

Service Strategy

The first stage of ITSM, focusing on the overall IT strategy to meet the organization's needs, including service definition, planning, and risk management.

Signup and view all the flashcards

Legal & Ethical Agreements

The use of agreements, like Terms and Conditions, to inform users about their rights and responsibilities when using a service.

Signup and view all the flashcards

Legal Compliance

The practice of preventing potential lawsuits or charges by ensuring compliance with laws and regulations related to data handling.

Signup and view all the flashcards

IT Service Management: Incident & Request Resolution

The process of addressing incidents and service requests efficiently, maintaining smooth operation of IT services.

Signup and view all the flashcards

Strategy Management for IT Services

Examines the market and how the organization plans to service it.

Signup and view all the flashcards

Service Portfolio Management

Analyzes various services an organization wants to offer based on cost and value.

Signup and view all the flashcards

Demand Management

Scales resources to meet demand, ensuring a balance between service needs and costs.

Signup and view all the flashcards

Business Relationship Management

Focuses on understanding customer expectations, including feedback mechanisms, surveys and complaints.

Signup and view all the flashcards

Service Design

Transforms ideas from Service Strategy into a concrete IT solution that meets objectives.

Signup and view all the flashcards

Service Level Management

Ensures the organization meets all commitments, contracts and obligations related to services.

Signup and view all the flashcards

Capacity Management

Analyzes the capacity needs of the organization, such as speed, bandwidth and service space.

Signup and view all the flashcards

Availability Management

Evaluates the organization's resources like personnel, tools and infrastructure to ensure successful project completion.

Signup and view all the flashcards

What is IT Service Management (ITSM)?

A set of processes used to manage IT services, addressing incidents, service requests, and IT assets, aiming for a smooth and efficient IT environment.

Signup and view all the flashcards

What is Service Strategy?

The first stage of ITSM, focusing on the overall IT strategy to meet the organization's needs. It involves defining services, planning for the future, and managing risks.

Signup and view all the flashcards

What is Problem Management?

A process that minimizes the damage caused by an incident and facilitates resolutions. This is a key part of IT Service Management.

Signup and view all the flashcards

How does Access Management work?

This process ensures that users are who they say they are and have the right permissions to access services.

Signup and view all the flashcards

What's the role of IT Operations Control?

A process that monitors IT infrastructure and helps manage day-to-day tasks to make sure services stay operational.

Signup and view all the flashcards

How does Continual Service Improvement (CSI) work?

A crucial process that continually evaluates and improves other IT processes by gathering feedback and making improvements to enhance the quality of services.

Signup and view all the flashcards

What is Service Review?

A valuable part of CSI that involves gathering user feedback on products and services through surveys.

Signup and view all the flashcards

How does Process Evaluation work?

A part of CSI that involves analyzing and measuring the effectiveness of ongoing IT processes.

Signup and view all the flashcards

Service Transition

The process of introducing new IT services and adapting the organization to use them, aiming for seamless transition and improved service quality for users.

Signup and view all the flashcards

Release & Deployment Management

One of the key sub-units of Service Transition, focusing on minimizing disruption during the implementation of new services by carefully managing the schedule of release and deployment.

Signup and view all the flashcards

Service & Validation Testing

A sub-unit of Service Transition, concerned with making sure that there are enough technical resources and capacity to deliver quality services continually.

Signup and view all the flashcards

Service Assets & Configuration Management

A sub-unit of Service Transition that manages the IT assets (like hardware, software, data) used in service delivery, ensuring they're accessible, properly configured, and sustainable.

Signup and view all the flashcards

Service Operation

This sub-unit of Service Transition focuses on the day-to-day delivery of services to users, ensuring reliability and consistency. It handles issues, anomalies, and disruptions to ensure expected service levels.

Signup and view all the flashcards

Event Management

A sub-unit of Service Operation that monitors and manages changes in the system's configuration. It alerts IT personnel when something needs attention.

Signup and view all the flashcards

Incident Management

A sub-unit of Service Operation that handles incidents, analyzes problems, escalates issues, and implements solutions to restore service functionality.

Signup and view all the flashcards

Knowledge Management

A sub-unit of Service Transition, responsible for gathering, organizing, and storing knowledge from various processes to prevent redundancy and streamline service delivery.

Signup and view all the flashcards

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

  • Creating value involves stages linked in a value chain.

  • A physical value chain includes raw materials, operations, delivery, sales, marketing, and service.

  • A virtual value chain uses information to create value through digital and virtual realms.

  • 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.
  • 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.

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Quiz Team

Related Documents

IT Service Methods PDF

More Like This

ITIL 4 Framework Overview
36 questions

ITIL 4 Framework Overview

CommendableLightYear avatar
CommendableLightYear
Exam Compueducacion 1
34 questions
Use Quizgecko on...
Browser
Browser