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Developing A Powerful Capability Statement | Business Plans


Writing an ideal Capability statement is something that comes with the combined factors of having a full understanding of your business and copious amounts of re-writing. 

Having a fully functioning business that stays fresh by maintaining collaborations with other businesses, employees and clients require a well-worded capability statement.

But What is a Capability Statement ?

A capability statement is a document that highlights the core part of your business. It conveys information about your company (like background, experience and areas of expertise) that will be relevant to people who want to take part in your business in any capacity; be it an employee or a client. 

Depending on how good your capability statement is, people can choose whether or not they would like to engage with your company. 

How can it help your business? 

A well written capability can go a long way in terms of making collaborations happen in any business. When you have a clear and concise statement that allows people to answer any questions they might have about your company, whether it is about the management style or associations in the industry. 

The packet helps people identify whether your company would fit their requirements, and if your general functioning as a company suits their style of working as well. 

Index of Great Statement

One way to avoid missing out on any important details is to have a cohesive checklist of possible sections in your statement. Keep it short and sweet, and ensure that you are not putting in any unnecessary details into this document. The language used should be formal and cover all the necessities of a basic business profile. 

An index of a great statement could be :

●Mission Statement 

A clear indication of your companies values and intentions towards clients and/or employees and the industry you are working in. 

●Experience 

The companies professional and relevant completed projects, preferably sorted by industry and sector of the client.

●Associations and Credits

If you are a part of any business guilds or are in close relations with companies that might boost your corporate image, it would be a great inclusion in this part of the statement. Not only does it add a level of authority, but enhances your social skills as a company. 

●Social Responsibility 

Your outlook on being responsible towards your direct and in-direct societal surroundings. What does your company do to maintain responsibility and add quality to society? 

●Risk Management & Standardisation

Your policies on having minimum blow back on any risk you take as a company, and how it protects your clients and employees. 

Standardisation mentions how you maintain pipelines in the companies workflow, and how this maintenance allows you to run smoothly as a unit.  

●Management Style

A description that includes hierarchy of the company, and how information runs through the pipelines. This is included to understand how your company's set up can fit that of your clients or employees outlook on management. 

●Global Business

If you have any international collaborations or vendors, it is important to mention to mention them to show that your company has diversity in terms of the people they work with. 

●Client Testimonials

While this is optional, it can be a great way to show what your clients think of working with you. 

 In conclusion , make sure you write and re-write your statement to perfect. Writing your statement should be a piece of cake if you have a good understanding about what your company does. Run it through a few people you can trust the document who can give you a fresh perspective on how to better it. In no time you should be having better interactions and collaborations with other businesses. 
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