Do you ever wake in the middle of the night thinking about an important contract, “What would happen if we actually lost this …?”
Your company has invested, prepared for winning, improved technology, reduced costs and improved efficiency; you have analysed cash flow and eked out better terms with suppliers. You’re paying well for the best people, and your organization has invested in the pursuit of quality, the award plaques hang proudly on the wall, pictures in the lobby.
But apparently there’s an elephant in the room: really, how confident are you of winning that crucial order? Holding your marketing people responsible for wins then terminating them if they loose… this is not a strategy.
An awful thought emerges, “What if the prospect doesn’t care about our investments -or our internal efficiency? They seemed impressed during our presentations, they commented on the cleanliness of the plant and our quality charts, our delivery performance and efficiency.” You lie there thinking, “What wins a critical contract?”
There is a trade secret process which answers that question and provides a complete architecture for such strategy thinking. A part of the answer can be revealed here, it is this, “Decisions determine who wins.” Not your decisions. No. It's your customers' decisions that ultimately determines whether you win or lose, isn't it? So the first question you should think of as you are lying there, “What is the customer decision – which is going to bring them to us?”
Of course you have already considered the tangible elements, did you price it right, do you really meet requirements, have you sufficiently explained how your bid qualifies you? Well, the problem is that everyone competing has done that too, that’s what got you to this point of consideration. Now, what are the elements that will set you apart? And, are there omissions which might surprise you? Without a template of all the elements, there is no way of knowing. That’s why you wake up, it’s the “… not knowing that creates sleepless nights.”
A knowledge of these intangibles is what will separate you from the ordinary, and can take you from good to excellent, and allow you to win 3 out of 4. Some say this is all individual. What is certain, there are patterns - and they are not tangible. Because ‘it’ is more about how you think and therefore behave. Of course, one part of ‘It’ is how you select, translate and explain the values that you bring to the customer. But you knew that! So what could be so significantly different in this trade secret process? Well, for one - the most brilliant of intuition and based on our 35 years of research, your explanation of values is the 9th thing you should think about. Sound naïve? Alright, consider number eight: who did you send to communicate that value? Could that have made a difference? One which your customer might remember?
The professionals of The Mapping Alliance have coached winning teams for over 35 years and provided a “Map of this process.” These teams learn, recognise and manage the intangible elements, and know the unseen dynamics of decision-making. And by having a map of the process, they know the omissions – in time. If you accept that the performance of your organisation is linked to the quality of your people, their ability to think, communicate and behave in brilliant ways … then come join us to learn how top performers are enabled to affect high strategic value decisions.