How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of...

24
How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research

Transcript of How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of...

Page 1: How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research.

How to Properly Scan the MarketFocus, Wisdom and Foresight

Alice Watson, Director and Founder of Porge Research

Page 2: How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research.

A confession…

Page 3: How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research.

Selling is expensive….so…..

• Identify and understand the market you want to play in• Engage with potential clients before the formal

procurement starts• Be brave and make “no bid” decisions• Avoid the temptation to reply to every tender

Page 4: How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research.

Adopt an Intelligence-led approach

Actual OpportunitiesWho do I phone now?

Tactical PlanningAccount Management and/or New

Business

Strategic thinking What market do we want to be in?

Page 5: How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research.

Understand your market

How much money was spent on bought-in social care services in England in 2013/14?

£13.3B

And £35.6M was spent on tree surgery

Page 6: How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research.

What was that £13.3B spent on?

Page 7: How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research.

Is the market on the up?

Page 8: How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research.

Who are the big spenders?

Page 9: How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research.

Who are the big earners?

Not for Profits

Page 10: How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research.

Once you’ve done your strategic thinking…

• Dig a little deeper and start thinking tactically…

Page 11: How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research.

Understand your clients…(Suffolk County Council)

Not for Profits

Page 12: How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research.

So what?

• Look to maximise your “share of the wallet”• “Exploit” your existing relationship, sometimes without

a tender• Identify potential partners

Page 13: How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research.

How do we know all this?• We add up, and categorise the invoices that the public

sector pay (over 1000 organisations)• Councils• NHS Acute Trusts• CCG’s• CSU’s• Mental Health Trusts• Community Health Trusts• Emergency Services• Central Government and NDPB’s

Page 14: How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research.

Illuminator

Page 15: How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research.

Imagine…

• Knowing who spends a lot on what you sell• Knowing what your competitors charge for their

services• Knowing where you rank in your clients list of priorities

Successful selling is all about intelligence

Page 16: How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research.

Then when you understand your market…

• You need opportunities….• Try to get in early, so you can:• Qualify the opportunity (do you want to win it?)• Influence the requirement/specification before it’s been

written• Build a dialogue and relationship with the potential client

Some examples….

Page 17: How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research.

Warwickshire County CouncilCAMHS re-commissioning

Page 18: How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research.

Wolverhampton City CouncilExternalisation of Learning disability outreach services

Page 19: How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research.

Medway CCGProcurement of Children’s Therapies & Community Nursing

Page 20: How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research.

Southwark London Borough CouncilGrounds and Parks Maintenance

Page 21: How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research.

Where do all these come from?

• Meeting papers(we check the meeting and strategy papers of over 700 public bodies every 6 weeks)

Page 22: How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research.
Page 23: How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research.

• The commissioners may well be predisposed towards the SE• The SE might have the best solution• The SE might have the best price

….but you need to communicate that message…..Just being the best isn’t enough….

SE’s vs Private Sector; who will win?

Page 24: How to Properly Scan the Market Focus, Wisdom and Foresight Alice Watson, Director and Founder of Porge Research.

Focus, wisdom and foresight

• Target your efforts• Develop an intelligent campaign• Get in early

Good Luck!