Actually, That is your BEST Opportunity!
Anytime the government institutes a new regulation that applies to a large market sector, you can bet that there are golden contracting and consulting opportunities there. HIPAA is a good example. HIPAA is a new regulation that mandates every medical service - hospitals, clinics, insurance companies, etc. - must use new electronic forms and must comply with certain patient data security requirements. The industry involved is in the 100's of Billions of $$$. Many of these medical institutions are electing to use the opportunity to reorganize and to optimize their systems and processes, however, most medical professionals are not adapt at process analysis or IT systems analysis and design. A one-person consulting service can provide thebusiness process analysis, systems analysis, IT systems upgrade, project management or other related services to a large hospital or medical complex. Since the government has mandated that this must happen, you know that every medical facility around you is a possible contracting candidate. What a fantastic opportunity.
Another mandated regulation that will affect a very large market is the OMB A-76 and Fair Act changes that have recently been proposed but not yet mandated. In the very near future, these new regulations will require every government agency to study their operations for potential candidates for outsourcing of services. This is a recurrring requirement that will create a new market in the 100's of millions of $$ per year.
There are other such opportunities - just keep your eyes open.
Tom Watkins
Management Technology Consulting, Inc.
www.mtccouncil.com
