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OST Global Solutions, Inc. October 31, 2008


Turbo-charging Business Growth


OST's monthly ezine "Turbo-charging Business Growth" is for people who seek to hone their business development skills. You're receiving it because you subscribed. If you like it, please consider forwarding it to your colleagues who can subscribe at www.OSTGlobalSolutions.com.

Words in this Issue: 492
Time to Read: 3 minutes


10 Tips for Winning Fast Turn-Around Proposals
 

You don't need a crystal ball to see that a shaky economy is sure to lead to further budget tightening-- not only for households, but also for government agencies. I am not an economist, and I'm not one for popular gloom-and-doom predictions, but I can safely guess that competition in proposals may tighten even further with fewer opportunities to bid on. Even if this is a short-term crisis, the evolution of acquisition laws with an ever-increasing demand for competition is continuing. For example, this September, the Congress passed the fiscal 2009 National Defense Authorization Act that mandates changes to contracting regulations, including more competition for task and delivery orders.

 

In these difficult times business owners and business developers have only two courses of action available to them:

 
  • Tighten your belts, bid on fewer proposals, cut costs, make even greater use of your overworked in-house resources, and hope to win on price based on lower rates. Hunker down and hope that your company survives until good times come around again, hopefully by 2010-2011.
  • Increase your proposal development capabilities, bid on multiple award contracts, and look for hidden opportunities in your existing IDIQ and GWAC vehicles by sharpening and refining your approach to winning task orders.
 

Most companies, including your competition, will be doing less and doing with less: they will cut down marketing, they'll reduce spending on capture, and they will not make the investments into building a better proposal capability.

 

For you, now is the time to take action. More importantly, now is when you should allocate some time and money to implement smart measures that will help you sail through the hard times and prepare for the new competitive environments. Kevin Plexico, senior vice president of operations at Input, recently said that with no major single contract awards coming in 2009, contractors should position themselves to go after recompeted awards and task orders and multiple award vehicles, the latter of which now account for about 30 percent of government contracting.

 

To get you ready, here are my 10 tips for getting your short turnaround proposal win rate way up:

 

1. Train and equip your operations personnel to become your sales force...
Click here to read the entire article online.

 


Register Now

It's not too late to register for the highly popular Writing Better Proposal Sections in Half the Time, a five-week webinar which starts on November 6. If you are looking to write faster and better, and learn how to get your techies who are uncomfortable with writing develop winning proposal text and graphics, this webinar is for you. You can register at www.ostglobalsolutions.com/training/schedule/schedule.htm.


Please contact me with comments and feedback, or for your business development needs!
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email: OTaylor@OSTGlobalSolutions.com
phone: 301-384-3350 (Intl + 1)
web: www.OSTGlobalSolutions.com
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OST Global Solutions, Inc.
Your resource for Capture and Proposal Management
Tel. 301-384-3350

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Copyright 2008, Olessia Smotrova-Taylor and OST Global Solutions, Inc. All rights reserved.

 

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