Blog Article

10 Success Factors for Federal Contracting Professionals

Written by: Natalie Komitsky

10 Success Factors for Federal Contracting Professionals icon

Like many other segments of the Federal Government, as the rapid changes in technology impact the way we do business, the differences between contracting in the global commercial market and government continue to broaden. Providing the best possible outcomes for the American people will necessitate Federal leaders working to minimizing these differences and building a more competitive public service workforce.

In Preparing for the Future of Contracting, a whitepaper recently published by the National Contract Management Association (NCMA) and Management Concepts, 20 senior leaders in the contracting profession were asked how contracting professionals can add value in the rapidly changing environment they will face in the coming years. Their responses centered around the culture of government contracting and the efficient and effective integration of technology and innovation.

The discussion centered around how government can proactively address the unprecedented cultural and technological change we are seeing now, and anticipate in the future, with the realization that failing to develop actionable solutions may reduce the value proposition of the profession. Many of the changes will significantly impact the role of contracting professionals. In addition to shifting from rigid, methodical process-centered rule enforcers to creative, agile mission-centered solution makers, the contracting professionals who will be most likely to thrive in the future:

  1. Possesses a holistic understanding of the mission
  2. Think outside the box and have excellent critical thinking, decision-making, problem-solving, collaboration, and especially communication skills in addition to technical skills
  3. View the Federal Acquisition Regulation (FAR) as a flexible tool and find creative ways to innovate within it to reach new levels of mission success
  4. Take on the role of business manager, able to communicate and persuade up, down, and across chains of authority to provide effective creative solutions
  5. Engage in contributing and analyzing data to draw conclusions about markets, industries, and solutions, significantly improving efficiency and insight
  6. Manage acquisitions using the simplest approach possible and allowable under the rules
  7. Favor business acumen and sound judgment over reliance on established processes
  8. Identify the most cost-effective solutions and the best mechanism to move an acquisition forward
  9. Direct acquisition solutions that make good business sense while accomplishing the mission
  10. Pursue continuous professional development through just-in-time training

In addition to addressing the expectations for contract professionals, the senior leaders provided a wealth of information about how they are preparing their workforces for this new reality. The whitepaper lists detailed next steps, contracting community examples, and quotes that can aid other organizations as they develop strategies to address their future needs. While this posting was based entirely on the content of Preparing for the Future of Contracting, it only provides a hint of its comprehensive coverage. Click here to get a complimentary copy today. Management concepts also offers training courses for contracting team leaders – learn more today!

Do you have any additional ideas that you’d like to share? Please share them in the comments below or on our social media channels.

Related Resources

See All
Blog Article

NCMA World Congress 2024: Celebrating Silver and Going for the Gold

Management Concepts was proud to be a bronze sponsor of the National Contract Management Association’s (NCMA’s) signature annual event, World Congress. Over 3,000 attendees gathered together in Seattle, Washington, with an additional 1,500 joining virtually during…

Read More
Blog Article

NCMA Nexus: Tying It All Together

The National Contract Management Association (NCMA) held its inaugural Nexus event in Jacksonville, Florida, on March 3–6, 2024. Nexus drew hundreds of attendees both on-site and online, getting this new venture off to an energetic start. The concept…

Read More
Video

Acquisition & Contracting Training for Every Government Professional

Discover how our acquisition and contracting training helps federal professionals advance their career.

Watch
Blog Article

Supply Chain Management Best Practices In The Federal Acquisition Context

Supply chain management in the federal acquisition context involves various key procedures to ensure smooth internal and external operations. Steps like planning, sourcing, procurement, logistics, and management of goods and services play a crucial role in supply chain management. Carrying out these…

Read More
Blog Article

How Federal AC Contractors Can Effectively Use Small Businesses for Their Needs

For federal acquisition (AC) contractors, the challenges of small business procurement, seen as an innovation, efficiency, and community impact catalyst, can create a synergy beyond the usual vendor-client relationship. The result is an ecosystem that flourishes with agility, fresh viewpoints,…

Read More
Video

Career Gateway: Acquisition

Designed for real-world success, Career Gateway: Acquisition program doesn’t just check boxes – it cultivates true competency. Dive deep into seven key elements driving performance outcomes, from technical know-how to critical thinking and leadership skills. Gain expertise in Federal…

Watch
Infographic

Microlearning

Learn more on how Microlearning delivers bite-sized “nuggets of knowledge,” exactly when and where you need them, boosting retention with quick bursts of focused, engaging content.

Download
Webinar

Navigating Uncertainty: Risk Management in Federal Contracting

Empower yourself with the knowledge and tools needed to navigate the complexities of risk management as part of the federal acquisition process.

Watch
Blog Article

A Federal Acquisition Professional’s Introduction to Project Lifecycle Activities

The Federal Acquisition Certification for Program and Project Managers (FAC-P/PM) is a professional certification program designed to enhance the acquisition and project management skills of federal employees involved in planning, acquiring, and managing various projects. The program’s core structure encompasses a…

Read More
Blog Article

The Role of Acquisition in Supply Chain Management

Explore how effective acquisition strategies, from strategic sourcing to vendor relationships, reduce costs, improve quality, and enhance competitive advantage in supply chain management.

Read More

Scroll to view more