Why Business Development Part 4

BY: Joel D. Williams Post 4 of 7

Research and Analysis is essential to success. The customer needs to know that you can address their requirements, manage the team, and deliver quality products and solutions within fiscal constraints. Today’s demanding solicitations lead to a highly competitive landscape that’s good for the customer, drives innovation amongst competitors, and results in successful efforts.

Research and analysis is part of every capture and in Business Development there are a number of tools to help you research the opportunity and understand the competitive landscape. Many years ago, I started out in the Army as an Intelligence Analyst. While I gravitated to the systems engineering and IT aspects of my various positions, I always enjoyed the pure research aspects of being an analyst. To me, developing an amazing briefing that describes every possible aspect of an opportunity is just fun. So – if you like research and enjoy making PowerPoint slides, maybe you too should get into the Business Development career field!