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Why Do Businesses Still Do RFPs?

RFPs are the dinosaurs of the business world.

RFPs, or requests for proposals, are a colossal waste of time in most cases. They take valuable time and cost precious resources, and for the companies putting them together they don’t even guarantee a return on that investment. But what’s more, this process actually hurts the companies asking for the RFPs by rewarding the status quo and keeping out fresh, innovative ideas. Learn more about why RFPs are the dinosaurs of the business world from this infographic.

A weekly five-point roundup of critical events in the energy transition and the implications of climate change for business and finance.