TArticles tagged with: proposals

The Impact of Mergers and Acquisitions on Proposal Professionals

Get the facts and make an informed decision

Every year mergers and acquisitions impact the positions of many proposal industry members. For example, this year, General Dynamics acquired CSRA, a $4.3B company. Like many proposal professionals, I have gone through several acquisitions and mergers. In one five-year period, I worked for three companies that were acquired by larger companies. If you find your company is being acquired or merging with another company, here are five tips to consider: Get the facts Learn why your firm was merged or acquired. Learn who is in authority and their roles and responsibilities. Identify the objectives of the new company and determine if there is a timetable for organizational and policy changes. Determine if they plan to consolidate operations or move the business to a new location. You may not get all the facts at once; new leadership frequently takes a few weeks or months to implement their changes. Determine how your … Continue reading The Impact of Mergers and Acquisitions on Proposal Professionals

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20 ways to reduce B&P costs and still win

Washington Technology Article

Many companies have experienced flat or declining sales in the prior year and, consequently, are dealing with reduced bid and proposal (B&P) budgets this year. This begs the question, can proposals be written in a less-costly way without reducing win rates? Obviously, we can reduce proposal costs, but many cost-reduction initiatives cause win rates to plummet. To find out why proposals cost too much, I asked our proposal consulting team to share their insights. Since this team works on the front lines of about 400 proposals per year, I was sure they could offer valuable insight into why costs are too high and what companies can do to reduce proposal costs without lowering win rates. Here are some of the reasons we found that proposal costs are higher than they should be. False starts Some companies fail to review the RFP before starting their proposal. In these instances, they kick … Continue reading 20 ways to reduce B&P costs and still win

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