You just promoted one of your top employees to a leadership role and you want to be sure they succeed. Leaders must possess the unique ability to create vision and drive results while supporting the company’s greatest asset: its people. If you don’t listen and cultivate, your assets will leave. Now in a post pandemic environment this is more important than ever. So, what tools and resources do you provide your newly promoted leader?
Ensuring Workforce Continuity and Success: The Importance of Succession Planning for GovCons Is your GovCon prepared for a disruption within your workforce? Are you taking steps to prepare for the future of your organization? Internal and external factors can have a significant impact on your current and future workforce. Unfortunately, only 1 in 4 companies […]
Is your GovCon prepared for a disruption within your workforce? Are you taking steps to prepare for the future of your organization? Internal and external factors can have a significant impact on your current and future workforce. Unfortunately, only 1 in 4 companies have a comprehensive succession plan in place. Working without a succession plan can lead to disruption, conflict, uncertainty and jeopardize the competitiveness of your organization.
Pipeline planning is essential to grow your business. Most small business GovCons focus on revenue attainment without placing substantial (enough) energy on the terms of the contracts underlying said growth. Depending on your GovCon’s, 1, 3 and 5+ year plan, the type of contracts you compete for, win and operate under are as important as the revenue they bring your organization. Strategic contracting is key!
Most of us routinely agree to terms and conditions in our daily lives without even reading them. We tap “I AGREE” to update our phone’s software, sign up for gym memberships, magazine subscriptions, and lawn care services, often without a second glance at the fine print. More importantly, we sign leases, mortgages, and purchase orders for new cars without reviewing the contract or seeking a consultant. Small business owners have more to worry about. They need to sign non-disclosure agreements, teaming agreements, and purchase/task orders, all invoking varying terms and conditions. And without a government contracts consultant, they could become lost in the weeds.
They say April showers bring May flowers and as we hop headfirst into this spring season we all have GROWTH at the forefront of our minds! After all, that is the end goal, isn’t it? We are all striving for continuous, sustainable, and measurable growth within our organizations’ area of expertise.
While May flowers can bloom and thrive with only a little soil, rain, and sunlight we know that there is A LOT more that goes into expanding your business. We want to take a minute to recognize that one of the major contributing factors in elevating your company to the next level is your PEOPLE, and how recruitment for government contractors is all about harnessing that power.
We know that DEIAB is important for creating an inclusive and successful workplace environment. It’s not simply a trend or lingo in the industry; it’s a movement. It’s about creating a more equitable environment where everyone has equal opportunities, regardless of their background. DEIAB, meaning diversity, equity, inclusion, access & belonging, provides a wealth of obvious benefits to a company, as well as a selection of hidden benefits that emerge over time as company culture begins to shift to a more equitable and fair interpretation than was previously established.
GovCon marketing has changed its face drastically over the last 5 years. We are no longer utilizing salesmen-type tactics, but moving more toward valuable, needle-moving discussions that push people and their businesses forward. In the interest of continuing that discussion, we at BOOST would like to provide you with our Top 5 Must-Haves for Government Contractors.
Once upon a webinar, in a galaxy as far away as a click of your mouse, three mighty Jedis took the challenge on May 4th to further explain and help young padawans discover the true force of an incurred cost submission (ICS). Our Brave Jedis/Panelists included moderation by Meg Kerns, and a discussion from Boost’s Director of Accounting & CFO Service Susana I. Vellelonga and BOOST’s Senior Accounting Consultant Khaldun Taib.
Now, we’re not talking about your superhero cape. (But what you wear to work during a work-from-home-situation is none of our business.) We’re talking about your Capabilities Statement (better known as your cap statement) for government contractors. We bet that you need at least two hands, or more, to count the number of times you’ve been asked “what does your company do?” We would hedge a similar bet that you’ve been asked for a statement outlining your capabilities nearly the same number of times.
If you’re new to the GovCon space and you don’t yet have a capabilities statement, let us define that for you.