Monday 22 February 2010

It's time to detox: flush out your bad bidding habits

Bids, pitches, proposals, tenders, beauty parades … whatever you call them, they can dominate the working lives of business development teams. And most of us have a love-hate relationship with them. Whilst winning is incredibly rewarding, bids are also the aspect of the job most likely to involve late-night pizzas in the office and tear your hair out frustration as the deadline gets closer.

To be competitive in a challenging market place and continue to win more work, firms need to be bidding selectively, effectively and efficiently at all stages (from pre-qualification questionnaires, through to more detailed documents and presentations.) I know, easier said than done. Everyone is under pressure to win more work and procurement teams seem to be on a mission to make this as difficult and time-consuming as possible. Which is why it is so important that your bid process (the way you identify and manage tender opportunities) delivers winning results.

And this means recognising and addressing bad bidding habits. I have listed a few of the big ones below - some may seem familiar!

Panic! - bidding sporadically and hastily for everything rather than focusing your time, energy and money on winning the best opportunities.

Cloning - cutting and pasting from old documents (come on some originality and thought please!)

Convenience over quality - moulding old documents/information to fit new requirements. Is that really going to persuade a client you are the firm with their best interests at heart?

The "thud factor" - the more is better approach. How would you feel about reading the bids you produce. Inspired? Or bored?

Poor document structure - savvy bidders will be thinking about how to craft a persuasive document that will keep their readers hooked.

Self-centric corporate blurb - you know the 'we-are-great-me-me-me' blurb you roll out in every pitch document. Too many bids read like corporate brochures. What the client is interested in is themselves and how you can specifically help them to save money, resolve a problem, make them more profitable etc.


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