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IMD GLOBALLEADERSHIP
IN THE CLOUD
E X E C U T I O N L E A D E R S H I P
Pricing Excellence in Tough B2B Markets
Optimize your pricing to maximize your profits
NEWL E A R N O N L I N E WITH IMD
Personalized feedback with your coach Online learning with IMD faculty Stefan Michel
» IMD WORLD-CLASS PROGRAM » DEDICATED PERSONAL COACH » DELIVERED ONLINE
GLOBAL LEADERSHIP IN THE CLOUD (GLC) is a new offering of IMD programs, designed and delivered online by IMD’s world-class Faculty and applied to your business context with personal coaching.
For executives who want to get ahead in business and need more flexibility to learn, GLC now gives you the chance to experience IMD’s unique real world, real learning approach from anywhere in the world.
The learning is relevant to your business. You get personalized feedback from a coach at every step. You can work on a current initiative from your own business and apply what you learn to your own context. And you are part of a carefully selected group of peers who further contribute to your learning journey and your progress.
And of course, joining an IMD program means you gain lifetime access to a bigger community of learners with the outstanding IMD alumni network.
At IMD we take your professional development very seriously.
We invite you to join a GLC program!
WHATTo compete successfully in today’s tough business-to-business (B2B) markets, companies need to find innovative ways to communicate superior value to their customers. If not, they can quickly lose out to their low-cost competitors and shift into the crowded arena of commoditized markets.
This means having a conversation with the customer which is not just about the price. Innovation in value creation is essential but, to generate higher revenue, companies also need to focus on the opportunity to capture new value. This dual angle of approach can lead to new breakthroughs in innovation, build stronger customer relationships and provide the company with the extra value they need to position themselves at a premium price advantage. Pricing Excellence in Tough B2B markets will enable you to:
» Understand what your customers really want and sell them value rather than attributes
» Make the shift to value-based pricing and influence your customers with a superior value proposition
» Evaluate the total cost of ownership, including price elasticity and segmentation
» Identify early wins and improve consistency
» Improve your pricing capabilities and benchmarking competencies
WHOPricing Excellence in Tough B2B Markets is designed for individuals, teams and B2B companies who want to gain a deeper understanding of value-based pricing and develop their critical pricing capabilities.
Pricing excellence becomes a must-have capability in tough B2B markets. A few tools and better software won’t do the trick. Executives need to understand and develop critical pricing capabilities
Stefan Michel | Professor of Marketing & Service Management | Dr. oec. publ. University of Zurich
HOWThis eight-week digital program from IMD business school starts by delving into a deeper understanding of what B2B customers really want, and how these insights can be used to define a better value proposition. Critical pricing competencies cover several dimensions, such as value-based segmentation, pricing elasticity, pricing psychology and price management. Two separate sessions are devoted to “stupid and smart discounts” and to how to pitch to procurement and prepare for reverse auctions.
Individual assignments, virtual group work, case studies, readings, video summaries, personalized feedback from your program coach, peer reviews with other participants from across the globe, and personal reflection moments – are all combined to stimulate your thinking, unlock new insights, change habits, and firmly embed the learning.
You will complete the program with a clear understanding of the gaps in your pricing capabilities and with a concrete action plan to secure and increase your company’s profit margin.
GAIN IMD CERTIFICATION
This program requires a minimum of 4-6 hours of work per week during an eight-week period. It is intensive and demanding and is designed to stretch your thinking and practical skills. Successful and timely completion of the weekly assignments and the capstone project at the end of the program, will lead to certification from IMD business school.
BECOME AN IMD ALUMNI
Become part of IMD’s exclusive alumni network of 100,000 business professionals from 140 countries, 11,000 at board level and C-suite. Completing an IMD program qualifies you to receive alumni benefits including access to cutting-edge and real-world business knowledge, clubs, events and online communities.
Watch video
HOW MUCH WILL YOUR CUSTOMER PAY?
http://www.imd.org/PE-intro
FacultyStefan MichelSwissMarketing and Service ManagementDr. oec. publ.University of Zurich
DATESDURATION: 8 WEEKS
PE 1 May 7 - June 29 2018 PE 2 October 8 - November 30 2018
FEE 2018
For individual participants
CHF 3’900 / CHF 3’500 IMD alumni
For Corporate Learning Network members
Corporate Learning Network member corporations receive a number of complimentary seats in addition to a wide range of further benefits and services. If you are applying via your corporation, please check internally that you are eligible to apply before submitting your application.
HOW CAN I APPLY? Download the application form
HOW CAN MY COMPANY BECOME A MEMBER OF THE CORPORATE LEARNING NETWORK?
For further information, contact a Program Advisor at + 41 21 618 07 00 or at [email protected].
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