Patrick Furtaw on pricing strategy that drives shareholder value

Expert in pricing strategy and value-based management, Patrick Furtaw, joins the podcast. Patrick shares insights from his background in strategy, corporate finance, and organizational change, explaining why pricing is one of the most powerful levers for driving shareholder value. The conversation covers common pitfalls such as overreliance on cost-plus pricing, insufficient executive ownership, and misaligned sales incentives, while highlighting solutions like value-based pricing, price realization metrics, and smarter sales compensation structures. We also explore the rise of subscription and outcome-based models across industries, with examples from tech companies, John Deere, and Caterpillar, as well as lessons from Amazon’s approach to price testing. The discussion reinforces a simple but critical truth: customers don’t buy your costs—they buy your value.