Why It Matters
Being “industry ready” means your business has the systems, certifications, knowledge, and mindset to work with large clients or on high-value contracts. It shows buyers you are capable, compliant, and reliable.
Key Elements of Industry Readiness
- Up-to-date insurances and certifications (e.g. public liability, WHS, ISO)
- Documented policies and procedures (e.g. safety, HR, environmental)
- Knowledge of relevant legislation and compliance (e.g. Fair Work, modern slavery, ESG)
- Capability to meet deadlines and reporting obligations
- Understanding of procurement platforms (ICN, C-Res)
Tips to Improve
- Conduct a “gap analysis” of your current systems
- Create a compliance checklist for your business
- Review buyer requirements before applying for work
- Engage advisors or mentors to audit your readiness