Change Tactics to Change Results
Guy Timberlake
GirlDad | Husband | Jones vs X | ; | Ethical Stalking for Government Contractors? | #GetSh!tDone in GovCon | GettingFED? | Fedpreneur | Operation Move Out? | IVMF Bunker Labs Ambassador - DC/MD/VA
It's commonly accepted that Albert Einstein made the statement "Insanity is doing the same thing over and over and expecting different results.” I reference this assertion to begin the discussion about Government and Industry doing the same thing over and over when it comes to federal agency market research
?Here are a few truths about agency market research for Government and Industry stakeholders in Federal Contracting:
I look forward to good discussion, and possibly some debate, around these points.?
One more truth. There are too many ways to throw good time, and good money at bad and questionable investments
When the government needs information to support their decision-making related to acquisition and procurement in support of their goals, they conduct market research. It's the same process Industry uses (or should be using) when deciding what requirements to pursue. Sometimes, federal agencies issue Sources Sought Notices and Requests for Information to get the answers they need. It's not a new process, but there is newness in the type of information being requested, and the level of effort required to respond to the current versions of these information exchanges. We call them RFTMI's for a reason.
Issuing and responding to federal agency market research is a questionable investment due to the actions, and inactions, of Government and Industry. The insistent "ask" by Government for Small Business to respond to market research sounds a lot like that other familiar but equally unhelpful guidance many of us refer to as "The Script." This is the information that has been, and continues to be offered to newcomers for decades, that includes:
Just as I and The American Small Business Coalition community have been shedding light on how ineffective this blanket guidance is, the same is true in the case of blindly responding to agency market research.
Let's take the GSA Schedule (formerly Federal Supply Schedule, now the Multiple Award Schedule), for example. GSA wants as many vendors on the schedules as possible and maintains an ongoing sales pitch to this effect. This enhances the odds of them capturing more Industrial Funding Fees, and maintaining relevance for a program that has seen better days. The siren's song many hear regarding the pervasiveness of the GSA Schedule just doesn't pan out when you realize not every federal agency utilizes it, and that the GSA Schedule represents less than ten percent of governmentwide spending each fiscal year.
The sales pitch for market research isn't much better. The underlying sentiment of the pitch is about being included in opportunities, which is not untrue. However, the message being conveyed is:
领英推荐
RESPOND! RESPOND! RESPOND!
regardless of the relevance.
This has driven a mindset where companies set goals to hit a certain number in response?to these actions, as if they could associate tangible growth with activities that, in their current form, cannot result in a contract work, revenues or profits.
The mindset we should bring to the discussion about agency market research begins with questions such as:
For Industry, it goes just as deep.
Smart companies employ strategies they use when selecting and pursuing customers and opportunities. Those disciplines seem to get tossed out of the window with RFIs and Sources Sought Notices. I wonder why?
Here's something else to consider. Since the objectives of Sources Sought Notices and Requests for Information are to create awareness of a company or its capabilities, isn't this really about how companies conduct Marketing in federal contracting? That would mean the real question is, how much are companies budgeting for Marketing versus Bid & Proposal activities?
You do account for Marketing in your budget, right?
Peace, Health and Happy New Year,
Go-To-Guy Timberlake
Smart ways to get people on a same page for change
2 年Great article, Go-To-Guy Timberlake. You make many points which need discussed by government and industry. I've seen government use RFIs as a down-select method, officially or not. This puts more pressure on companies to respond, respond, respond, and I question the value of the practice to agencies. It might save time but does it really produce best value? To me, this underscores your point about deliberately choosing where time, attention and other resources are spent. Coming from the small and medium size company world, I'd say those resources aren't accounted for much, if at all. And does any government organization account for theirs? Perhaps a particularly business-minded, fiduciary-conscious official here or there. And, as you point out, the effect is the same whether revenue comes from customers or from OMB: Few know how time and money are spent relative to business objectives, which means few know their ROI. And if you don't know that, what exactly, do you expect your next increment of expenditure to buy? Nice chatting. Gotta run. Responding to an RFI ??
Growth Solution Architect, Capture and BD, CTO/CIO - Digital IT Strategy, Marketing & Engagement, #GovCon #B2G, Enterprise IT Solutions
2 年Great last question, about budgeting for marketing among the B2G/GovCon community. And thanks for the recent great discussion at the Reston Chamber! We provided some material there a little while ago regarding just this, i.e. B2G marketing - in particular where and how to budget for, align and execute marketing to the government and contract-holding/proposing Primes - aligned to the Shipley BD cycle. Looking forward to more great info! https://www.slideshare.net/tedmclaughlan/govcon-government-marketing-b2g-across-shipley-capture-bd-pursuit-lifecycle .
Very insightful.