This PPT slide, part of the 133-slide Pricing Strategy Workshop PowerPoint presentation, outlines a structured approach to implementing improvements in pricing strategy over a series of 90-day cycles. It emphasizes the importance of breaking down complex initiatives into manageable segments to ensure faster delivery of results. The vertical axis indicates the relative level of pricing prowess, suggesting that as the cycles progress, organizations can expect to enhance their pricing capabilities significantly.
The central focus is on the "Scoping & Planning of Overall Effort," which serves as a foundational step before diving into specific actions. This phase includes defining improved policies, utilizing targeted analytics tools, and establishing an overall plan for advancing the program. This initial groundwork is critical for setting the stage for subsequent steps.
As the timeline progresses from 90 to 360 days, the slide delineates key activities and outcomes associated with each phase. In the first 90 days, organizations are encouraged to define their pricing strategy and gather high-level information regarding customers, competition, and costs. This stage is pivotal for understanding the market context and aligning internal processes.
By the 180-day mark, the focus shifts to implementing detailed processes and integrating technology enablers. This transition is crucial for operationalizing the defined strategies and ensuring that the organization is equipped to execute effectively.
Finally, by 360 days, the slide indicates that organizations should have comprehensive information about customers, competition, and costs, along with fully implemented processes. This structured timeline not only aids in tracking progress, but also ensures that organizations can adapt their strategies based on real-time insights. Overall, this approach provides a clear roadmap for enhancing pricing strategies in a systematic manner.
This slide is part of the Pricing Strategy Workshop PowerPoint presentation.
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