| Emerging best practice | Components we have seen in the most convincing commercial strategies include: |
Understand |
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| Assess |
| Manage |
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Commercial landscape |
| Business outcomes |
| Capabilities and constraints |
| Commercial options appraisal |
| Trade-offs |
| Risks and opportunities | |||||
For example, breadth of market, what they can deliver, market capacity. |
| For example, what is realistically achievable in line with what matters to government. |
| For example, resource and skills gaps considering specific technical skills required. |
| For example, recognised approaches to assess range of options, including whether policy is achievable or not. |
| For example, outline of achievable objectives; use alternative approaches to achieve objectives where necessary. Assessed in a full review of the required commercial outcomes. |
| For example, outline of how risk is allocated and managed. Assessed in a full review of the required commercial outcomes. | |||||
Flows into: |
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| Negotiation strategies |
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| Relationships |
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| Procurement strategy |
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