Emerging best practice

Emerging best practice

Components we have seen in the most convincing commercial strategies include:

 

Understand

 

 

 

 

 

Assess

 

Manage

 

 

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:

 

 

Negotiation strategies

 

Relationships

 

Procurement strategy

 

Contract management plan