In the fast-paced and competitive world of government contracting, relationships are often considered the cornerstone of success. Building strong, lasting connections with government agencies, prime contractors, and fellow subcontractors can be the key to winning contracts and thriving in this challenging environment. However, over time, relationships often get taken for granted and become heavily tilted to one side.
As the end of the Federal Government's fiscal year comes to a close, a strategic and focused approach by government contractors needs to be taken. This can yield significant advantages in capitalizing on opportunities and ensuring the seamless execution of operations. There are countless opportunities published each and every day by the government to satisfy its needs. This is even more so at the end of the year causing contractors to chase anything and everything to capture as much revenue as possible. Rather than sticking to their core competencies and routine operations, they stray outside their comfort zone at the busiest time of year. This can lead to a culmination of problems. To name a few - winning opportunities that cannot be performed, heavily constraining operations and resources, or leave them bouncing back and forth like Pong never gaining ground.
There are countless tips and suggestions available for government contractors. But what if your back was up against the wall and you had to only pick one thing that could help point you in the right direction? This is that thing.
Our guest for this episode is Michael LeJeune from RSM Federal. Michael is a GovCon enthusiast and strategist and best-selling author. He helps manage the Federal Access coaching and training platform provided by RSM Federal and specializes in helping government contractors brand themselves as subject matter experts (SME). He's helped clients win over $13.6 billion in government contractors and continues to be a force in today's marketplace.
For the 35th year in a row, the defense industry will bring together some of the brightest minds, innovative companies, and key stakeholders in the field of naval and maritime technologies. Navy Gold Coast is a premier conference and expo that plays a crucial role in fostering collaboration, information sharing, and advancement within the defense sector.
The event is organized annually by the San Diego Chapter of the National Defense Industrial Association (NDIA). The focus is on supporting the Navy, Marine Corps, and Coast Guard, and the event acts as a platform where government officials, military personnel, and industry leaders, converge to exchange ideas and insights.
In the realm of federal government contracting, having a well-defined and effective strategy is paramount for success. Unfortunately, the pursuit of revenue often overshadows crucial elements - crafting a comprehensive strategy, adhering to it steadfastly, and seeing it through to fruition.
In this episode of the Bourbon & Proposal podcast, the focus of the discussion is creating a strategy and identifying the different elements that are involved with it.
A sound GovCon strategy encompasses:
Throughout the episode, you will find tips and action items to help enhance your team's current strategy. Growth in GovCon does not happen overnight. It is a long and grueling process that, when done strategically and thoughtfully, can pay tremendous dividends for your team.
For federal government contractors, navigating the complexities of procurement can be a daunting task. With numerous agencies, regulations, and processes to consider, finding the right opportunities can be time-consuming and overwhelming. Especially if you are a smaller business with limited resources.
Fortunately, the General Services Administration (GSA) has a solution that simplifies this process: GSA eBuy. Understanding what it is, why it is important, how it works, and the benefits it can provide your business could help save you time and resources. To add to this, if you are unable to gain direct access to GSA eBuy, our platform, Federal Compass, has a plug-in that can provide you with this access.
In the highly competitive realm of federal government contracting, understanding, building, and demonstrating value is essential for success. Whether you're considering mergers and acquisitions, attracting potential buyers, collaborating with government agencies, or forming partnerships, showcasing your value proposition is crucial.
This, unfortunately, is a large pain point for smaller contractors. It is about understanding the market, the customer, teaming partners, and where they fit into the market. In the unfortunate event that others do not find value in the company, success will be very hard to come by. Identify ways to increase your value in the GovCon market and explore strategies to better demonstrate your value proposition to potential buyers, the government, and teaming partners.
In this episode of the Bourbon & Proposal podcast, we delve into the crucial role of human resource (HR) solutions in empowering small businesses to thrive in a dynamic and competitive landscape. We explore the importance of strategic HR practices, the challenges faced by small businesses, and the transformative impact that effective HR solutions can have on their growth and success.
Throughout the episode, we offer practical tips and actionable insights and explore how HR solutions can be a game-changer for small businesses, enabling them to overcome challenges, attract top talent, and unlock their true potential in today's ever-evolving business landscape.
For smaller federal government contractors, winning larger, more lucrative contracts is front of mind. This means there needs to be an in-depth understanding of how to implement an effective proposal development methodology. One of the most widely acclaimed methods is the Shipley Method - a comprehensive framework that guides contractors through the complex process of winning government contracts.
Used by a large portion of the top Fortune 100 companies, the intricacies may be far more complex than what your smaller team is capable of. If this is the case, this post is designed to help break down elements into more manageable steps to maximize your chances of success.
"In an era where federal contracting businesses are seeking to establish a competitive edge, Federal Compass emerges as a beacon of guidance, offering seven effective strategies to significantly improve the success rate in securing government contracts.
