HND Business: Pitching & Negotiation Skills - Competitive Edge

This presentation provides a dynamic and creative approach to pitching and negotiation skills, emphasizing key principles for achieving a sustainable competitive edge. It covers the importance of problem-solving, cost advantage, and understanding market segments to formulate a competitive advantage. The presentation outlines key steps for businesses, including understanding customer preferences and leveraging core competencies, to achieve higher sales outcomes and profit margins. It also addresses potential threats and challenges in developing a competitive edge, concluding that a focused approach leads to improved employee and customer retention and overall organizational success. Desklib provides access to similar solved assignments and study tools for students.

HND Pitching and
Negotiation Skills

INTRODUCTION
 This presentation will discuss the dynamic and creative approach by following the key
principles which achieve competitive edge by pitch which can be suitable for
organization to develop the sustainable competitive edge.
 It will also cover the areas in which it would be describing the potential outcomes in
the context of organization favourable measures, how it effects the organizational
performance and challenges it would face.

P5 - Pitch with key principle to accomplish
sustainable competitive edge
 In this modern era business environment is developing competitive, it can be said that
not it is cheaper to start own business (Haseeb and et.al., 2019).
 The technology provides various opportunities to business for making the sustainable
position in market also it enables to conduct online and international activities to win
the customer satisfaction level in foreign markets.
 Some principles are :
 Problem solving – company is familiar with talking to point while joining pitch.
 The service being provided by organization enables decrease cost for specific product.
 They work collaboratively and decrease the cost of services, whereby good pitch is
always related to solving problem.

CONTINUED
 In order with the same business can make sustainable competitive advantage by
measuring key driven factors such as :
 Cost advantage -
 In this process business compete on pricing and leadership as well.
 This strategy drive the ideas of procuring the best outcome towards the customer at
fewer cost.
 For the same organization, may accomplish by following the key terms such as
enhancing their operational efficiency, finding more effective source of distributive
channels.

P6 -The key steps for business and
potential outcomes of pitch
 AOL can formulate the quality of competitive advantage as such focusing on their key areas of
catering online services for its users (Jimoh and et.al., 2020). The following steps are :
 Understanding their market and segmented areas to look for the core areas which is not being
well served by the competitors and it can be profitably targeted and sold to.
 Forming the understanding of customer preference and want to further establish value of
proposition which grab the attention.
 It is also crucial to understand the own strengths in catering those services as well as seek to the
core competencies.
 The organization utilizes such innovative ways to uplift the higher value in industry.

P7 - Organizations accomplish their
obligation from a pitch
 The organization will tend to make the efforts in developing
the higher level of focus, better sales outcomes as well as
profit margins and engage in forming the higher level of
employee and customer retention.
 This will encourage more customers to make the effective
use of services being served and this would enhance the
chance of increased selling by which business can become
more sustainable in industry.
 While forming the suitable sustainable competitive edge
there are some threats which can lead to form the
disadvantage for similar concern.

CONCLUSION
 From the above presentation it had been analysed about the dynamic and creative
approach by following the key principles which discuss about the factors relevant to the
successful leading to the sustainable competitive advantage for organization.
 It has been also covered the areas in which it is described about the potential outcomes
in the context of entity favourable measures and it reflects how it effects the
organizational performance and challenges it would face in developing the competitive
edge.

REFERENCES
 Agbovi, D.D., 2020. Radio Advertising in Ghana: A Study of the Impact of the
Activities of Radio Presenters on Traditional Advertising Agencies (Doctoral
dissertation, Ghana Institute of Journalism).
 Bell, H. and Bell, R., 2018. Applying enterprise: active learning environments for
business Higher National Diploma students. Journal of Further and Higher
Education. 42(5). pp.649-661.