Cutting Through the Haze: Demystifying the Role of GenAI in Proposals
Generative artificial intelligence (GenAI) adoption is reshaping bid and proposal development. This pivotal shift brings opportunities and challenges, especially around cost, compliance, and strategic application. To demystify these issues, Deltek and Lohfeld Consulting teamed up to present a webinar entitled Practical Uses of GenAI for BD and Proposal Professionals on February 1, 2024. This blog answers many questions raised by attendees.
Demystifying GenAI Implementation
Businesses contemplating GenAI tools face concerns about their return on investment (ROI) in terms of dollars invested, labor expended, and the time taken to recoup their costs. While GenAI functionalities typically come bundled with broader platforms, making cost isolation challenging, the trend towards cloud-based solutions via Software as a Service (SaaS) models is notable. These solutions offer an accessible path to GenAI adoption. However, they necessitate careful consideration around data security, particularly when data is stored off-premises (e.g., in a cloud location other than your company’s tenant), in comparison to those GenAI tools implemented on your firm’s premises.
Businesses considering GenAI should develop a use case and budget for its implementation. Typical use case considerations include:
- Robust data security measures
- Seamless integration of tools with existing infrastructures
- Customization to meet specific organizational needs
- Scalability to support organizational growth
- Availability of tools for cleaning, validating, and enriching the data ingested by GenAI tools
- Comprehensive support, including installation, onboarding, and training
- Expert proposal consultants proficient in using your chosen GenAI tools and training your team
- Transparent cost analysis covering licensing and support services
Demystifying Data Security on Public GenAI Platforms
Public AI platforms for proposal writing raise significant data privacy concerns. We advise NEVER entering sensitive or proprietary information into public platforms like ChatGPT, where it will be recorded and used to train future models. Most importantly, ask your security officer for guidance about using public AI platforms.
Demystifying Proposal Compliance in a GenAI-Restricted Landscape
Facing restrictions on GenAI usage in proposal submissions raises essential questions about compliance with government policies and specific proposal instructions. The development of mechanisms by customers to detect AI-generated content is still evolving, mirroring the rapid advancements in GenAI technology. The essential principle is to verify that AI-generated or AI-assisted proposals strictly adhere to all customer specifications and directives.
Demystifying the Path Forward
Incorporating GenAI into the proposal development process does not diminish an organization’s capacity to produce compelling, high-quality proposals. Rather, GenAI serves as a catalyst, enhancing the productivity of bid and proposal teams. By streamlining administrative duties, accelerating draft creation, and fostering innovative approaches, GenAI can enable firms to increase their operational efficiency and compete for more contracts.
Conclusion
Mastering the use of GenAI in bids and proposals requires a balanced approach. This approach balances innovation against compliance, explores new opportunities while managing risks, and embraces technological advancements with a keen eye on data security. In addition, organizations must evaluate specific business cases and analyze the cost versus the reward of implementing GenAI. Organizations can effectively use GenAI to optimize their processes by addressing these critical areas and verifying alignment with customer requirements.
Similar Content:
- Video: Next-Gen Proposals: The AI-Driven Approach to Winning Bids
- Video: Generative AI for Proposal Professionals
- Blog: Get Ready for the AI Revolution – AI-Assisted Capture Management
By Brenda Crist, Vice President at Lohfeld Consulting Group, MPA, CPP APMP Fellow
Lohfeld Consulting Group has proven results specializing in helping companies create winning captures and proposals. As the premier capture and proposal services consulting firm focused exclusively on government markets, we provide expert assistance to government contractors in Capture Planning and Strategy, Proposal Management and Writing, Capture and Proposal Process and Infrastructure, and Training. In the last 3 years, we’ve supported over 550 proposals winning more than $170B for our clients—including the Top 10 government contractors. Lohfeld Consulting Group is your “go-to” capture and proposal source! Start winning by contacting us at www.lohfeldconsulting.com and join us on LinkedIn, Facebook, and YouTube(TM) .
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