Step-by-step Towards PSS – Evaluating, Deciding and Executing

Successful implementation of product-service system (PSS) as business strategy has proven lucrative through many industry examples. However, companies should tread carefully before committing to a costly restructuring towards PSS business creation. This paper claims that before a company moves from being a product to a product-service provider they should carefully consider internal and external aspects with regard to their organization, their market and their network. The paper proposes a three step process labelled the Evaluate-Decide-Execute approach; an approach that should enable the company to first evaluate the foundation for PSS, and then decide whether to commit to this course, and finally execute the transformation.