Definition of Service Value System?
A Model representing how all the components and activities of an organization work together to facilitate value creation.
Input of SVS
Opportunities / Demands
Output of SVS
Value
Components of SVS
Practices / Service Value Chain / Guiding Principles / Governance / Continual Improvement
What does SVS do?
Add value to an existing service for Stakeholders.
To provide new service and therefore, new value to Stakeholders.
Definition of Value
Perceived benefits, usefulness, and importance of something.
value is subjective based on customers perceptions and business outcomes