The capture managers dilemma is a tight budget and tough competition.
How do you deal with that?
There are several different ways to help the situation.
First is, work on your professional skills, upskilling yourself.
How does that help? You could do a lot of things to capture an opportunity, but the Pareto principle applies. Twenty percent of your actions are going to yield eighty percent of your results. Knowing what those twenty percent of actions are is where you need your experience and skills.
Taking classes and training is the key. We can help, OST Global Solutions Bid & Proposal Academy, check out our classes. The more tools you have in your toolset, the better.
Second, figure out what can you do in your organization to increase your win probability, your Pwin. What improves Pwin is doing many things right. You need to figure out what to do better each time to give you that incremental improvement. For example:
- Do you select the opportunities the right way?
- Do to find good opportunities?
- Do you know about them in time?
- Do you do your opportunity qualifications correctly?
- How do you make your decisions?
- How do you prioritize which opportunity you’re going to focus on?
- What are you going to do to win?
Getting that part figured out improves your Pwin. Then, are you disciplined about running your win strategy development sessions? Are you doing that for every opportunity? Are you doing it early enough? Are you being thorough? That is also going to improve your Pwin. It goes on and on. Each best practice that you implement helps you beat that tough competition.
Are you getting in front of your customers? Talking to the customers is tough if you’re not already at that agency working with them. How do you get them to meet with you? A lot of them don’t want to and won’t.
In the absence of information, how else are you getting information on the customers’ hot buttons? Are you talking to people who work with that customer? Is your recruitment engine working on who you’re going to be bidding on the opportunity? Who is going to be giving you that information? You need to find alternative ways to find the insider truth about the customer that you really need to have for you to write proposals that resonate with this customer.
As to pricing, are you doing the competitive labor rate analysis? Are you running Black Hat and Price to Win analyses for your larger opportunities?
That’s another area that you want to master for you to prevail over the competition.
As you can see, there are many different things you could do. And a lot of it just takes a lot more rigor and tenacity.
You can do it!
OST Global Solutions is a professional business development consulting firm. We provide capture and proposal teams to develop winning proposals. Or we can provide consultants on a case-by-case basis to fill gaps on your business development team, including running your color team reviews. Our services consist of capture management, proposal management, orals coaching, proposal writing, graphics support, editing, desktop publishing, and cost volume development.
Reach out to us to discuss how we can help you develop a winning proposal.
service@ostglobalsolutions.com
Upcoming Bid & Proposal Academy Classes
Winning Government Cost Proposals Including AI Essentials (Live Class)
OST Global Solutions Virtual Classroom MD, United StatesDeveloping a Winning Cost Volume course helps you increase your federal contract win probability. We focus on Government contract evaluation, pricing fundamentals such as cost buildup and cost volume elements, price strategy, developing basis of estimate (BOE), coming up with assumptions, Work Breakdown Structure (WBS), cost volume narrative, winning in lowest price technically acceptable proposals (LPTA), and much more.
Master AI to Enhance BD, Capture, & Proposal Processes – Updated to Include the Latest AI Developments (Live Class)
OST Global Solutions Virtual Classroom MD, United StatesAre you ready to enhance your bid flow, improve your Pwin, cut down the time it takes to do most BD tasks, improve decision-making, and reduce proposal risk by ensuring your submissions are compliant and compelling? This course is specially designed for BD professionals in Government contracting firms seeking to harness the power of AI in their operations. Over three comprehensive sessions, you will gain the knowledge and tools to transform your BD strategies and execution. Learn More
Proposal Graphics Conceptualization & Design (Live Class)
OST Global Solutions Virtual Classroom MD, United StatesThis course provides the skills necessary to conceptualize proposal graphics that convey your winning solution to Government customers. In addition to brainstorming on a graphic idea, this training shows you how to design an action caption, sketch a graphic concept, deliver a specific visual message to the Government customer, and use professional graphic design principles and resources to make your graphics look attractive.
