How to write winning proposals in a competitive enterprise market. Hard-won victories from hand-crafted proposals gave way to a predictable win machine with a 3x win rate
Winning is a habit…and so is losing. The client was a large
consulting company that had hit a losing streak. They won only
a small fraction of their fair share in any competitive
stakeout (in a three-way contest, a fair share is ⅓). This
share was worse at larger levels, where in deals above $50 mn,
the company’s win rate was a minuscule fraction. Something was
wrong here.
Doloop Digital’s Gaurav Rastogi’s team audited the proposals
and win themes. Nearly 400 people were involved in the
proposal writing process, and each proposal was a uniquely
hand-crafted collage of boilerplate service line text. The
clients were being sent Frankenstein’s deck- a discordant and
incoherent compilation with no link to the client’s stated and
understood problems. It was a surprise the company was winning
at all; the few proposals that it did win, and each rare win
was a source of joy and celebration.
How do you make winning boringly predictable?
We set up a Value Design function that could be the backbone
of the proposal factory. This team could “see it better, sew
it better, and say it better.” Solution architecture was
trusted with specialists pulled from other delivery functions
while working in this team. Bid Managers were trained and
hired to serve as the producers and managers of the entire bid
process. A better knowledge management system was built to
have 60% of the proposal content available before anyone
begins work on the proposal, thereby releasing more time for
solution design and client buy-in during the pursuit. The win
themes were decided up front, allowing the sales leaders to
write and socialize the executive summary with the client at
the beginning of the proposal process.
This program took 18 months to implement, and the company saw
a tripling of its win rates without a commensurate increase in
pursuit effort.
How are you creating a win machine for your proposals? Begin
with the following steps:
Further learning. Contact us for Gaurav Rastogi’s “Setting Up a Proposal Factory,” a one-week workshop about your proposal factory.