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Author  Stephen Mann

May 19, 2023 |

 8 min read

  • Blog
  • Value
  • Service Value
  • Service Value System
  • ITIL4
  • ITSM
  • ITIL

ITIL 4 brought with it a laser-focus on value co-creation, with the service value system and service value chain helping IT service management (ITSM) professionals to better understand how their and their colleagues’ actions help to co-create business value. However, knowing how value is co-created is not the same as value realization; it is like knowing how to ride a bike and the health benefits versus actually riding a bike and receiving the health benefits.

To help, this article looks at value realization through a practical lens. Starting with what value realization is and why it is important.

This article looks at value realization through a practical lens, outlining the different forms it takes and what ITSM pros misunderstand about how it should be applied.