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Lessons Learned for Small Business and HBCUs

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Title: Lessons Learned for Small Business and HBCUs


1
Lessons Learned for Small Business and HBCUs
  • Austin Boyd
  • Business Development
  • Science Applications International Corporation

2
Austin Boyds 12 Step Program for Overcoming
Shrinking Revenue Share- or- Seven Habits of
Highly Effective Business
3
Introduction
  • Business Development, SAIC Huntsville
  • 256-971-6640 (Work) austin.w.boyd_at_saic.com
  • 6B technical services company
  • Software engineering, systems engineering
  • Modeling and simulation, systems analysis
  • Army AMCOM, NASA, MDA local business
  • Seeking innovative small business partners with
    initiative and desire to grow the technical
    services business

4
Why 12 Steps?
  • Meet many small businesses and HBCUs with
    interest in growth, but
  • They dont all grow or even survive why?
  • Seeking business partners to grow into small
    business arena and capture HBCU share of federal
    business
  • Strong interest in mentoring partners from small
    business as future team mates of SAIC

5
12 Steps
  • Put others first
  • Think strategically
  • Communicate
  • Develop relationships
  • Partner with your customer
  • Take your customer to market
  • Mine opportunity sources
  • Move fast and decisively
  • Develop responsive business processes
  • Think out of the box
  • Think big Act Big Win Big

6
Put Others First
  • The nice guys always win in the end
  • You can accomplish great things if you dont care
    who gets the credit
  • Make your customer a hero and she will remember
    you one day when it matters
  • Share it, dont snare it
  • 10 of a win gtgt 100 of a loss
  • Do unto others as you would have them do unto you

7
Think Strategically
  • Strategic planning is not 12 months out
  • Where do you want to be in five years?
  • What are your strengths and what strengths to you
    need to reach your goal?
  • Who do you need to partner with to get to your
    goal?
  • What investments do you need to make?
  • What are your major thrusts?
  • Who are your customers? Who are your competitors?
    Your strengths, weaknesses?

8
Communicate
  • Network in town, in your professional community
    inside your customer contractor base inside your
    company
  • All email and all phone calls do not demand a
    response practice good information management
  • Tell others about opportunities that they may
    have missed, even if they are competitors
  • Become an information resource for others seeking
    help or solutions to short problems

9
Develop Relationships
  • Customer relationship management (CRM) means get
    to know the customer as a friend and an
    associate, not a money-bag
  • What are their preferences, who are their
    families, what causes pain in their job, what are
    their major areas of distress, what do they need
    to succeed?
  • Earn the right to be heard earn the right to
    sell your product or service
  • Relationships take months and years to develop
    this is strategic planning

10
Partner with Your Customer
  • Seek CRADA opportunities
  • Mentor your customer on how the business
    community works
  • Help your customer to identify sources of
  • Team with your customer on procurements YES, you
    CAN do this!
  • Ask your customer to mentor you if this is
    appropriate
  • Communicate with your local small business office
    OFTEN

11
Take Your Customer to Market
  • Invest the money and time to find sources of
    revenue for your customer
  • Before you do this make sure you have a vehicle
    to use the money you take to them
  • Lead your customer or mentor her to make inroads
    into new funding sources
  • Seek and win Congressional earmarks
  • Share business insights with your customer for no
    other reason than making her a success

12
Mine Opportunity Sources
  • You MUST mine FedBizOps every day
  • Locate a competitive intelligence firm and set up
    a relationship
  • Watch Federal, Army, Air Force and Navy web sites
    announcing new business opportunities all have
    them
  • Get into a mentor-protégé relationship with a
    large business and use their information mine to
    your benefit
  • Visit your small business office OFTEN and get
    out of town to see other SDB offices

13
Move Fast and Decisively
  • Be the small business that large businesses envy
    make quick decisions and deliver on what you
    promise
  • Avoid even a hint of bureaucracy
  • When on task order contracts, always respond
    ahead of time, dependably
  • Publish proposal schedules stick to them
  • Have a point of contact who can be reached for
    large business interface with your unit
  • Be willing to say NO and move on

14
Responsive Business Processes
  • Put a STRONG focus on finance and cost accounting
    processes stick by your rates
  • Link your business development and marketing
    processes to your finance/cost accounting and
    recruiting
  • Pursue ISO and SEI CMMI assessments learn EVMS
    practice Earned Quality (EQ)
  • Institute a Business Pipeline tracking system
    track your metrics
  • Hire hardworking dependable personnel for
    contracts and insist on responsiveness

15
Think Out of the Box
  • Team non-exclusively if it will not hurt your
    position or credibility
  • If you lose, negotiate your way onto the winning
    team YES, you CAN do this!
  • Everything is negotiable everything
  • Find large businesses that have large unfilled
    funded job openings offer to fill them for short
    term until they hire a full timer
  • Team with government on government procurements,
    particularly the large ones
  • Give others the work take the pass through

16
Think Big Act Big Win Big
  • You are only as good as you think you are and
    only as good as you act
  • You are more influential than you give yourself
    credit for
  • Get outside yourself dont be afraid to tackle
    the big one
  • Always always tie your pursuit to your strategic
    plan and plan for growth
  • Dont ever sell yourself short
  • The glass is always half full

17
Summary
  • Sell what the customer is buying
  • There are virtually no limits to growth, but you
    may break your culture to get there is that
    worth it?
  • Think strategically
  • Think out of the box, dont think small
  • Develop relationships over the long term
  • Be fast, be agile, be willing to take risks and
    take advantage of split second opportunities
  • Share the work, share the credit
  • Rule 1. Put other people first

18
Points of Contact
  • Business Development, SAIC Huntsville
  • 256-971-6640 (W) austin.w.boyd_at_saic.com
  • Also Karen Rogers 256-971-6518
  • Glad to provide more detail on any area in this
    presentation call for support
  • SAIC is seeking HBCU/MI partners on all federal
    procurements call and talk to me
  • I answer email and phones, but I travel more than
    an airline pilot so, please be patient.
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