Qualification Boulevard - A Two Way Street
Why A Signed Contract Beats Estimating Practice

If
there is one thing I can’t stand is ‘click-bait’ headlines and I see them all
the time as I navigate
the interwebs. That is why I did not entitle
this post, “How Brad Pitt Can Help You Build New Business”.
That said, allow me a moment to tell you how Brad Pitt Can Help You Build New
Business.
At The Darnell house, we are big movie people and being the data nerd that I
am, one of my favorites is ‘Money Ball’…starring, you guessed it, Brat
Pitt. If you have seen the movie, you
know what I mean. If you haven’t allow me
a quick synopsis.
“People
who run ball clubs, they think in terms of buying players. Your goal shouldn't
be to buy players, your goal should be to buy wins. And in order to buy wins,
you need to buy runs.” ~ Peter Brand (Moneyball)
Without
turning this into more of a movie review…let’s get back to Business Development.
When we implement a CRM, our goal is to be ‘two clicks’ away from answering any
question our client may have about their prospects, clients, contacts, tasks
and pipeline. Over 90% of our CRM
Implementation clients come to us, not for CRM, but for Business Development.
Once we have their data, ‘scrubbed’, formatted and in place, we introduce them
to CRM with this guarantee: If within two
weeks, you do not approve of the direction this is going, you can walk away,
owe us nothing. (We are pleased to say,
we are batting 1,000 with not the first client taking that offer.)
For this post, we want to focus on Opportunities (Potential Contracts). The first stop on the timeline for a new Opportunity,
on its way to a signed contact, is ‘Qualification’

This
tells us the Opportunity is early and we are (1) Working on getting qualified
with the owner to submit a proposal and (2) qualifying the Opportunity to determine
if it is worth our effort to pursue. Too often, item (2) is ignored and we go from ‘buying
runs’ in order to ‘buy wins’ and are just happy to have something for
estimating to price.
Or, a happy Business Development person having
something to submit on their weekly ‘Why You Should Keep Paying Me’ report.
This post was inspired by a client, from a few years ago, calling and asking if
I could take a look at their CRM and help them ‘untangle’ it a bit. What I saw was over 112 Opportunities waiting
in the ‘Proposal/Price Quote’ stage. (Insider Note:
Their pre-construction department can, at best, effectively estimate six
or seven projects.)
To say things got a bit messy would be an understatement.
When we walked through those projects in ‘‘Proposal/Price Quote’ stage, a very
large number of them were projects that they had about as much of a chance of landing
as I do being Brad Pitt’s stunt double.
Remember, qualification works both ways.
This is not to suggest never trying for an opportunity outside your ‘ critical
mass’ but rather not trying for two dozen at the same time. I doubt you will get asked to be on an Invited
Bid list for a new Kroger or Publix, if you have never done any type of grocery
store. (real world example)
Every single company in the construction industry eats, lives, breathes by a
set of plans and specs. A very specific
collection of data pointing to a very specific conclusion. I encourage you to
have a similar plan for Building New Business.
We want to ‘buy’ wins’...not estimating practice.
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Bobby Darnell is the founder and Managing Principal of Construction Market Consultants, Inc., an Atlanta based management consulting group specializing in business development, sales, marketing, CRM as well as executive placement for the Architectural, Engineering and Construction industry.








