The Service Value System
ITIL 4 focuses on facilitating value co-creation via a SVS, representing how different components and activities can work together to facilitate value creation through IT enabled services.
The Service Value Chain
The service value chain is the set of interconnected activities that, when sequenced in the right way, provides an operating model for the creation, delivery, and continual improvement of services.
The ITIL Guiding Principles.
The guiding principles help IT professionals to adopt and adapt ITIL guidance to their own specific needs and circumstances. They reflect principles found in Agile, DevOps and Lean methodologies.
The 4 Dimensions of Service Management
To support a holistic approach to service management, ITIL also defines four dimensions that are critical to the effective and efficient facilitation of value for customers and other stakeholders.
ITIL Practices
ITIL v3 “processes” are being expanded to consider elements such as culture, technology, information and data management. This holistic vision of a way of working is known as a “practice”.