Structured Work Plan for Pricing Strategy Implementation PPT

This PPT slide, part of the 63-slide Pricing Strategy Implementation Toolkit PowerPoint presentation, outlines a structured work plan for implementing pricing actions, segmented into ten distinct phases. It begins with a pre-launch phase, focusing on engaging selected businesses and conducting a stakeholder and readiness assessment. This initial step is crucial for understanding the current landscape and preparing for subsequent actions.

As the timeline progresses, the work plan emphasizes the development of a comprehensive communications strategy. This includes creating a communications plan, launching internal communications, and crafting external messaging. These steps are designed to ensure that all stakeholders are informed and aligned throughout the process.

Training is another key component highlighted in the plan. Assessing training needs and designing a training program are essential to equip teams with the necessary skills and knowledge. Conducting the training ensures that everyone involved is prepared to execute the pricing strategy effectively.

The plan also addresses the importance of incentive structures. Reviewing the existing incentive plan and developing recommendations for improvements are critical to motivating the team and aligning their efforts with the pricing strategy.

Finally, the work plan culminates in the formatting and crafting of recommended price movements, populating the recommended pricing management system (RPMS), and constructing a scorecard for tracking progress. This structured approach not only facilitates a smooth implementation, but also provides a framework for measuring success. Overall, this slide serves as a roadmap for organizations looking to enhance their pricing strategies through a systematic and well-communicated process.

This slide is part of the Pricing Strategy Implementation Toolkit PowerPoint presentation.

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