Keystone Column 90 – Small Firms Can Win Big Legal Tenders

Keystone Column 90 – Small Firms Can Win Big Legal Tenders

This week, we focus on the legal services sector and how some small legal firms are competing effectively and successfully against the large law firms to win legal tenders. There is no single path to doing so. One route involves differentiation but this can present risks and be a pro-cyclical strategy for firms that over […]

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Keystone Column 86: The Future of Procurement

Keystone Column 86: The Future of Procurement

Welcome to this week’s column. This week, we focus on a report issued by KPMG on the future of procurement. We conclude with links to the key sources of contract notices for Ireland and international markets. New paper on the future of procurement” Global Advisory Firm KPMG has published interesting research in relation to the future of […]

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Keystone Column 85 – Contract management & procurement trends

Keystone Column 85 – Contract management & procurement trends

Welcome to this week’s column. This week, we highlight some global trends and stories in the procurement space from Ireland and around the world. Our theme this week is contract management and aspects related to this area. We conclude with links to the key sources of contract notices in Ireland and internationally.   The closure […]

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Keystone Column 84 – Challenging a decision – the pros and cons

Keystone Column 84 – Challenging a decision – the pros and cons

Welcome to the Keystone Column. This week, we look at specific actions a company can take should they lose a bid. We also have an update on the Keystone tenders report. This post was originally published in June 2016 and concludes this series of three blogs on how to deal with losing bids. *** In […]

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Trade, business growth and survival of the fittest

Trade, business growth and survival of the fittest

There is no point in any year where Irish companies do not have to make choices. Some choices sound bigger than others and can fall flat (Y2K anyone?) whilst others live up to their billing. Irish companies must operate on the basis that a hard Brexit is going to take place. In the event of the EU […]

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Negotiation processes: lessons for suppliers from Brexit

Negotiation processes: lessons for suppliers from Brexit

Popular images of negotiations come loaded with lazy tropes. The smoke filled rooms (years after smoking bans) still get rolled out as they convey a sense of shady deal-making and finagling that is rare in reality. Chemistry tells us that for fire to spark, you need fuel, heat and oxygen. For negotiations to succeed you […]

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Game Theory and Pricing

Game Theory and Pricing

Using game theory to win There are often applications for game theory in the winning of work with customers. We have looked at a number of different strategies for price dominated market contests and believe that the application of game theory really falls into two categories depending on whether the business is new or established. […]

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Consortiums – a path to growth for SMEs

Consortiums – a path to growth for SMEs

We are strong advocates for business expansion through cooperative engagements like business consortiums, clusters and networks. It makes sense for businesses, particularly micro-businesses and small businesses in so many ways. The benefits of cooperation are that it allows companies to grow through an alignment of mutually beneficial interests (growing the pie) rather than having to […]

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Business growth with below threshold contracts

Business growth with below threshold contracts

Below threshold contracts From working with SMEs, we know that the first question many ask when it comes to public sector tendering is – how do you get started? A simple question but the answer is not quite as straight forward as throwing the company headlong into the challenge of meeting buyers or commissioners of […]

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Dealing with a losing bid – part 3

Dealing with a losing bid – part 3

In previous posts we have dealt with scenarios where companies have submitted a deficient or defective losing bid and with scenarios where they submitted a good bid and were hoping to be successful. In this posting, we will outline three options for companies seeking to take specific action following a contract award process. We will […]

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