Showing posts with label strategy. Show all posts
Showing posts with label strategy. Show all posts

Wednesday, 24 February 2010

More bidding - devising a winning strategy

Following a successful pre-qualification stage of a tender, or in some cases as a first stage, you may be asked to provide a detailed proposal document.

When poorly prepared, these bid documents can become simply a generic collection of facts and figures about your firm. While this may be sufficient to win smaller tenders, in more competitive situations you may need to produce a more tailored proposal and take a more client centric approach; showing your understanding of the client and demonstrating your ability to provide value and benefit. 

Success at this stage is to a large extent dependent on your capability and efficiency in communicating your knowledge and offer. Operating in a competitive market means many firms are offering relatively similar services. To win, your proposal needs to clearly and persuasively present a positive business impact to the client. If the client does not perceive superior value from your offer, they will be more likely to choose based on price. 

Creating a bid strategy 
1. Setting up the team: The bid team should include the people best qualified to meet the needs of the bid (and the client). Identify a lead partner, who will be the main point of contact for the client and organise a timeplan for the bid (allocate time for future team meetings, deadlines etc). 

2. Researching the bid: Your understanding of the client's needs and their business should be demonstrated throughout the bid document. What work (if any) are you doing with them already? Who are the key decision-makers? Does anyone in the firm have a relationship with key decision-makers?
Consider contacting the client; would it be possible to arrange a pre-bid meeting with them to discuss requirement/background/criteria of assessment? Not only could it uncover vital information but it will also demonstrate your enthusiasm to the client.

Who are you competing with? Establish customer perceptions of competition/ relative positions of competing firms to inform your response.

3. Devising a strategy: To create client preference, the client must recognise the unique benefits and value of your proposal. You should aim to sell the client solutions rather than selling a range of generic services.

Analyse the requirement, distinguishing between: 
  • Core requirement - the basic service the client is seeking. 
  • Expected extras - what the client expects. 
  • Added potential - where you can add real value to the client. 
Then, when you have done this, you should be in a position to devise your value proposition (what makes your proposal distinctive and attractive to the client). 

Thursday, 10 September 2009

Keeping it real

I like to think of myself as an optimist; the type of girl whose wine glass is always half full. But I also believe there is a time and a place for honesty. Even if it presents a less than appealing reality that I would rather fling off my stilettos and run away from than face head on. It's all a matter of balance and having a solid connection with the real world. In the corporate world it could be called emotional intelligence - something that is instinctive in all great internal communicators.

I am a great believer in the power of internal communications - employee engagement is so important in driving forward a united, motivated workforce. But it's not easy. Especially at the moment. Honest communication with staff is a lot more scary when things aren’t going well. The sound of lively chatter and champagne corks popping to celebrate a new deal have in the last year gradually been replaced with miserable silence. The carefully thought out newsletters, intranets and forums that thrived in the good times are now a chore as you scramble around to find any good news stories to cover up the grim reality of the recession.

The question I pose is: Should we be trying to fool our employees by providing communications that offer them nothing more than rose-tinted glasses?

Not in my opinion, although others may disagree. Burying our heads in the sand and trying to pretend the good times never ended isn't going to engage disgruntled employees. But it may just insult them. As companies face unachievable bonus targets, pay freezes, redundancies and reshuffles, staff are left unsettled and disillusioned.

But they’re not delusional. Morale won’t suddenly rise from the deepest of ditches and reach an all time high just because a communication goes out about a new contract and inviting them to a cake sale. No matter how yummy the baked produce is.

Employees will, however, want to know the true situation, understand the impact on them and the role they can play in recovery. Internal communications, therefore, need to be balanced to be meaningful and honest in order to motivate the support of employees. Otherwise all the effort to create glowing intranet stories and amusing newsletter features risks being dismissed as leadership propaganda.

I'm not trying to spread doom and gloom, but we shouldn't be too scared to cover the difficult subjects too. They are after all, the ones that will dominate water cooler gossiping and feed a potentially morale murdering rumour mill if allowed to fester.