Importance of Developing a Pitch and Fulfilling Obligations

This presentation highlights the importance of developing a pitch and fulfilling obligations in pitching and negotiation. It discusses the potential outcomes of a pitch and ways to achieve a competitive edge. The steps involved in developing an appropriate pitch and the issues that can occur are also explored. The presentation emphasizes the importance of maximizing opportunities, grabbing the attention of the audience, and sharing passion through an effective pitch. It also provides insights into fulfilling obligations from a pitch and identifying target markets. References from books and journals are included.

Pitching and Negotiation
Skills

Introduction
This presentation is going to show importance of developing a pitch as well as ways of obligations of
pitch along with issues which can occur. Further, it will also show outcomes of pitch which has been developed
by organizations.

P5 Developing an appropriate pitch in achieving
competitive edge
Pitching includes values which can create a build of trust. There are some elements of pitching in
which one of the main elements is building loyalty and innovation. Determination of values in developing a
pitch for any purpose like launching a new product and others can help in development of pitch. It gives a
way to people in dealing with rejection. There are some organizations which develop pitch mainly for taking
competitive advantages and appropriate pitch helps them out in taking competitive advantages. An effective
pitch is the one in which companies make use of content and effective data. There are some steps in
development of pitch such as:
 Using appropriate informations: For preparing and developing pitch it is important to make an effective
use of content and data which consists of message which people wants to give to others. By providing
informations to others they can develop pitch and provide value.

Cont...
 Practice and practice: Practicizing is one of the best ways of developing a pitch successful if an organization
wants to launch new product then they need to plasticize about pitch as what they have to deliver message. It is
generally an idea of business which they really want to deliver to potential investors. Businesses which often
require resources they make use of content or practicizing about that.
So, from the above it can be said that developing a pitch plays an important role as it can help them out
in accomplishing goals and taking competitive advantages.

P6 Potential outcome of pitch
Developing pitch by companies for delivering their business ideas plays an important role and there
are several effective outcomes which they can gain by developing pitch. For having effective outcomes they
require to manage relationship as well as reviewing contract also provide access to outcomes. When an
organization develop a pitch about launching a new product or any other reasons for delivering business idea
to stakeholders and others then it can have some critical outcomes.
There are several outcomes or possibilities of an effective pitch which companies can have such as:
 Maximizing opportunities: One of the main reasons of companies of developing a pitch or sharing business
idea by making effective use of content and data can allow companies in maximizing opportunities.

Cont...
 Grab attention of audience: By delivering an effective business idea and message to audience and
stakeholders they can create values. They also have given attention to audience which helps them out in
grabbing their attention. By garbing their attention they can make them influence and satisfy by providing
their products and services and retain them for the long run. Retention of customers is one of the main key of
the success by which they can take competitive advantages.
 Sharing passion: Entrepreneurs who develop or give a pitch have knowledge and skills. When they provide
presentation and pitch then other people or audiences are more likely to increase their knowledge. By sharing
passion and skills, entrepreneurs can increase value. By sharing and taking views of others they can also
make changes in their strategies which eventually can help them out in increasing skills and solving problems
in an effective manner. So, from the above it can be said that y developing an effective pitch,
entrepreneurs can accomplish their goals.

P7 Ways of fulfilling obligations from pitch along with
issues which can occur
 There are three steps of fulfilling obligations from pitch which include: identification of issues or problems,
focusing on the main title or topic on which company wants to develop a pitch as identifying appropriate
solutions which can help them out in solving problems. One of the main reasons of selecting topic is to get
idea of mission and vision from that title as why company wants to develop pitch as how it can help it out in
accomplishing goals and meeting vision and mission. Next step is to identify problems which can also be
identified from a pitch. From a pitch and the main title companies do not only identify problems but can also
identify appropriate solutions. After that company requires to focus on business model as identify ways as
how they can make money.
 In addition, for fulfilling obligations they are also required to identify target market as to whom company
wants to share their ideas of business an want to attract them. Target is being selected on the basis of the
nature of the pitch as what is the main title and reasons of making or developing pitch

Cont...
 There are some things of factors which need to be kept in the mind by entrepreneur while making planning
about development of pitch. By eliminating and ignoring such factors they can make their presentation or
pitch successful such as: reducing procrastination, reacting too much after listening to everyone, trying to
make fool to people by adding some content which does not make sense. All these things can make worst to
presentation and pitch so, it can be said that by focusing on important areas and reducing those factors which
can create problems for entrepreneurs and business, they can accomplish or fulfill obligations from pitch.


CONCLUSION
 This presentation has summarized importance of developing a pitch and ways of making it successful. It has
also shown outcomes of developed pitch. Further, it has also discussed ways of fulfilling obligations related
to pitch.

REFERENCES
Books and journals
 Shahzad, S.K., 2016. Private firms' adaptation to climate change within the context of developing countries:
A pitch. Accounting and Management Information Systems. 15(1). pp.168-177.
 Edmiston, D., 2016. Developing the perfect pitch: Creating a positive first impression through social
media. Marketing Education Review. 26(1). pp.3-7.
 Goad, N. and et.al., 2020. 42: OUTCOMES FROM THE PITCH STUDY: 4-FACTOR PCC IN
INTRACRANIAL XA INHIBITOR COAGULOPATHY HEMORRHAGES. Critical Care Medicine. 48(1).
p.21.
 Edmundson, W.A., 2018. Distributive Justice and Distributed Obligations. Journal of Moral
Philosophy. 15(1). pp.1-19.