Building Capability to Win More Print

  • 0

Improving over time.

WHAT DETERMINES SUCCESS OVER TIME

Track record Registered categories and certifications Financial capacity Documentation discipline Relationships and reputation

WHY TRACK RECORD COMPOUNDS

Completed contracts are the experience required for the next ones.

WHAT TO DO EARLY

Take smaller contracts to build evidence.

WHY

Experience requirements exclude those without it, and it must be built somewhere.

WHAT TO OBTAIN AFTER EVERY CONTRACT

Completion evidence and a reference.

WHAT TO MAINTAIN

A record of every contract delivered.

WHAT TO INVEST IN

Certifications that open categories Financial statements that meet thresholds Personnel with required qualifications Equipment where ownership is required

WHAT TO ESTABLISH

Which requirements repeatedly exclude you.

WHY

They indicate where investment produces access.

WHAT TO BUILD INTERNALLY

A process for bidding: who does what, and a checklist

A library of reusable content, adapted each time A record of prices and outcomes

WHY A LIBRARY

It reduces preparation time substantially, provided it is adapted.

WHAT TO AVOID

Submitting unadapted content.

WHAT TO MEASURE

Bids submitted, won and lost Reasons for loss Cost of bidding Margin achieved on delivery

WHY MARGIN ON DELIVERY

Contracts won at unviable prices are worse than losses.

WHAT TO REVIEW

Whether this route is profitable overall.

WHAT TO ESTABLISH

Selectivity: bidding where you can genuinely win and deliver.

WHY

It raises the success rate and it lowers the cost.


Was this answer helpful?
Back

Are you happy with your experience? Leave us a review on Trustpilot.


Trustpilot