Articles tagged with : business acquisition process

NEW Lohfeld book released – 10 steps to creating high-scoring proposals: A modern perspective on proposal development and what really matters

We’re excited to introduce our latest book to you—10 steps to creating high-scoring proposals: A modern perspective on proposal development and what really matters—now available on Amazon in paperback and Kindle formats. Here’s an overview of our new book. (You can find out more about our other five books here.) Introduction Beth Wingate, President Bob Lohfeld developed the 10 steps to creating high-scoring proposals presentation that he and I expanded into this book to share our modern perspective on proposal management and what matters within the proposal process with our customers. We’re using these 10 steps to help our customers concentrate on what’s really important in proposal development and on best practices that may have fallen to the wayside because of different priorities within their organizations. In this book, Bob will walk you through the source selection decision-making process and what the government evaluators and the final decision maker look...

4 Keys to better capture analytics

And 7 ways to measure the quality of your pursuit decisions...

Capture analytics is the science of measuring how well you have performed each of the activities in your capture management process and then correlating these measurements with the outcomes of your bids. Understanding this correlation can help you make better decisions about what deals to pursue and how likely you are to win, and they can improve the accuracy of your revenue predictions. The foundation for capture analytics is econometrics, which uses statistical techniques to isolate the degree to which each activity in the capture process contributes to the win. It takes a lot of historical data to do this correlation well, but when done correctly, it can become a powerful predictor of win rates and new business revenue. So how does it work and how can you use capture analytics to your advantage? Measuring capture performance Capture management is a process that has a defined set of activities to...

Bob Lohfeld honored as 2012 APMP Fellow at Bid & Proposal Con

(Dallas, TX) — May 30, 2012 — The Association of Proposal Management Professionals (APMP), the international association representing proposal, business development, and capture management professionals, announced its new class of 2012 Fellows at the association's Bid & Proposal Con 2012 in Dallas, TX last week. The APMP Fellows Award is the association's highest honor and recognizes individuals who have made significant contributions to new business acquisition, their profession, and their association. The award is open to all APMP members who have belonged to the association for 5 or more years. The four APMP Fellows honored at Bid & Proposal Con 2012 are: Bob Lohfeld, Founder and CEO of Lohfeld Consulting Group, Inc. Olessia Smotrova-Taylor, President, OST Global Solutions, Inc. David Warley, Managing Consultant, Bid to Win Ltd, UK Ruth Turman, Senior IT Support and Proposal Manager, Companion Data Services The Fellows Awards were presented in front of 150 industry professionals...

6 quick fixes that will improve your company’s win rate

We’re frequently asked how to improve a company’s overall win rate, and I outlined these in the article I wrote in my January 2012 column “How to Raise Your Win Rate by 20 percent” using our seven-factor model. Since then, we’ve been surveying companies to see how well they perform in these seven factors and to identify areas where companies can make immediate improvements. In this article, I’ll share some of the survey results and show you immediate actions you can take to help raise your company’s overall win rate. In February and March 2012, we conducted two surveys – one with the Association of Proposal Management Professionals and the other with the Deltek GovCon team. The surveys asked proposal managers, capture managers, and business development professionals to rate how well their companies performed in each of the seven factors. We used 28 questions in the survey to measure performance...