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Commercial Know How for Product Management

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Training course summary

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By the end of the 1 day course you should have: Extended your financial awareness and pricing disciplines into a broader commercial approach Understood, for example, sales forecasting methods, base case, sensitivity analysis, scenario tools Become: more able to judge, challenge assumptions and make recommendations on the commercial viability of projects, products and proposals and use a range of financial techniques to identify strengths and areas for performance improvement more familiar with how to manage the Product Life-Cycle in order to maximise the commercial returns

Regions:
  • All Areas
Delivery:
  • In House
Category:
Difficulty:
  • Intermediate

Further Details

Style
Participative, informative, interactive and fun
Practical examples to aid understanding
Experiential - 'thematic' exercises
Practical examples to aid understanding
Pragmatic hints and tips
Bias towards understanding principles and practices

COURSE CONTENT

Session 0: Course Aims and Objectives and Issues Board
Session 1: What is Commercial Know How?
Session 2: Commercialisation and Launch
Session 3: Planning and Forecasting

TYPICAL METHODS and TOOLS
Writing a Business Plan/ Business Case
Price positioning
Trade-off rules
Tools and Methods for Sales, Volume and Price Forecasting
Demand curves
Forecasting Tools and Methods
Return Map
Financial Model for Reward, Resource, Costs
Six Tradeoffs
Base Case and Sensitivity Analysis
Thumb Rules
Whole Product Map: (Tangibles and Intangibles)
Price/Performance Chart

Guide price

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