ITIL refers to the Information Technology Infrastructure Library. It is a collection of best practices for providing IT services. ITIL 4 is the most recent edition of the ITIL framework, which was launched in February 2019. ITIL is a widely recognized framework for IT Service Management (ITSM). The main focus of this framework is to enhance collaboration among the organization’s different stakeholders. The previous version of ITIL (ITIL v3) had to be more sophisticated in its approach to service management as a business enabler. This was done to match the new frameworks like VeriSM, SIAM, and FitSM. One can take training courses to learn more about ITIL 4 for better understanding. In this blog, we are going to discuss the aspects and fundamentals of ITIL 4.
Why ITIL 4 is unique?
ITIL 4 includes two key upgrades to the previous version:
- The Model of Four Dimensions
- The Service Value System (ITIL)
The Model of Four Dimensions
- Organization and people – Clear reporting lines and well-defined roles and responsibilities are essential for developing a well-structured organization that can provide effective services. However, an organization that needs a culture to support its goals is unambitious. It also has an impact on how services are delivered within the company. This culture is made up of people—technical and non-technical employees, administrative personnel, facility management personnel, security personnel, and so on. People are the single most significant asset of any organization when they work together as one entity. The cultural diversity they bring to the table is critical to the efficient operation of a business. Though there are technologies and machines that can handle all of the activities that humans do, having the appropriate people in the right positions can be important to an organization.
- Information and technology – The information and technology dimension defined in ITIL 4 includes technologies that support service management, workflow management systems, inventories, knowledge bases, analytical tools, and communication systems in an organization. Furthermore, it comprises all information created, saved, managed, and utilized by the organization when providing an IT service. Businesses today process massive volumes of data using technologies such as artificial intelligence, machine learning, the Internet of Things, and blockchain, necessitating strict information management practices. Organizations should take extra precautions to create watertight procedures to manage these massive amounts of data, and all stakeholders should closely comply with them.
- Processes and Value Streams – This dimension is described in ITIL 4 as follows: It entails identifying the activities, workflows, processes, and procedures required to meet the agreed-upon business objectives, as well as determining how different components of the organization come together and collaborate to enable value creation through products and services., according to ITIL 4 value stream is a series of actions that an organization takes to generate and provide products and services to customers. These value streams are enabled, in turn, by processes that convert inputs into outputs. This dimension aids in defining the service delivery model and identifying processes that do not contribute to the production of value for the business.
- Suppliers and Partners – Without partners and suppliers, no service management ecosystem is complete. To some extent, every organization is reliant on its partners and suppliers for service delivery.
All the interactions of a company with other organizations’ staff members or designers, developers, and support services are carried out by the ITIL 4 dimension. Organizations rely on their partners at various levels. Some may concentrate on establishing core competencies internally while relying on partners and suppliers for other requirements. Some people may want to rely on their relationships as little as possible. Service Integration and Management (SIAM), in which an ‘integrator’ ensures that service relationships are correctly coordinated, is one way used by organizations to address this problem.
- The Service Value System (ITIL) – The ITIL Service Value System (SVS) in ITIL 4 gives a comprehensive insight into a company’s service management system. It displays how all of an organization’s actions and components work together to create value. The ITIL 4 service value system communicates with other organizations, forming an ITIL ecosystem that generates value for other organizations, as well as their stakeholders and customers.
- Demand/Opportunity – All potential opportunities to provide value for end-users are represented by opportunity. The requirement for products or services is referred to as demand. Although these two main inputs are always present in the system, the organization does not always capitalize on all available possibilities or focus on meeting all requests.
The Service Value Chain in ITIL
The service value chain is defined by ITIL 4 as a collection of six core activities that collaborate to co-create value for end customers by delivering a product or service. To conduct a certain sort of job, the activities apply various combinations of ITIL management practices. Furthermore, all of these activities are linked and get input from outside sources as well as from within the service value chain. The following are the actions outlined in the ITIL service value chain:
- Plan – The development of plans, policies, and standards, as well as the establishment of a value stream’s direction.
- Improve – Ensuring the continuous improvement of the organization’s practices, products, and services.
- Engage – Establishing positive relationships with all stakeholders and end users in order to provide transparency and a clear understanding of the products and services.
- Design and transition – Ensures that the products and services delivered meet stakeholders’ demands.
- Obtain/create – Maintains the service components such as hardware, software, and services whenever and wherever they are required.
- Deliver and support – Ensures that services are delivered and supported in a manner that fulfills the expectations of clients, customers, partners, and more.
This is a basic guide to the latest ITIL 4 framework. If you want to understand and need to master your skills in this framework, you can take our ITIL 4 Foundation training course which will help you to stay relevant in this digital age. Our IT Service Management training courses are designed with in-depth knowledge and in a way that makes learning fun. Spoclearn is an accredited training provider to delivers all ITIL course modules worldwide across industry sectors.