There are some misconceptions about ITIL ® 4 and its use of the term ‘practice’ vs. ‘process’ as a component of its recently introduced service value system. One misconception is that processes aren’t important anymore. Another is that organizations think they must completely redesign their tools in order to accommodate this change. Neither is true. Let’s begin by taking a look at how ITIL 4 defines these terms. Process: a set of interrelated or interacting activities that transform inputs into outputs [to accomplish an objective]. Processes define the sequence of actions and their dependencies. Practice: a set of organizational resources designed for performing work or accomplishing an objective. Practices include resources based on the four dimensions of service management which include: organizations and people, information and technology, partners and suppliers, and value streams and – wait for it – processes. Both processes and practices focus on achievin