Vinschool The Triumphs and Challenges of Scaling Vingroups NotForProfit School
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Vinschool is the leading for-profit school with the most successful school business model in the Indian education industry. From a humble beginning in 2011, it grew into an India’s second largest chain in 2015, serving more than one lakh students. I wrote a case study on the company’s successful transition into the NotForProfit model. In the report, I highlighted the strategies the company had adopted to navigate the challenges and growth opportunities of the transition. The report will first present
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[I have a long history of running charities, starting from being the CEO of a successful charity and then moving to running several other charities. But nowadays I run Vinschool which I started in 2008 as a small private school in the heart of Kowloon Tong. Vinschool’s growth has been phenomenal; we have now 22 schools across 4 cities, with 4,000 students. Now, Vinschool is a leading education group in Asia, with a reputation for excellence in teaching,
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Vinschool, a Vingroup-affiliated school, started in 2015 with 13 schools. Then they opened the rest. look at this now Since then, their growth has been incredible. Today, there are 181 schools spread across 16 cities, and Vinschool has become the best notforprofit school provider globally. But their growth has not come without problems. The Triumphs: 1. The Early Years: Vinschool’s strategy of franchising, which allowed them to launch quickly and with little invest
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Vinschool was established as a nonprofit group in 2007 by Dr. Xie, an outstanding educator and education researcher. As its CEO and founder, Dr. Xie has dedicated his life to providing quality education for underprivileged students. The group is committed to educating children from underserved communities and has a rigorous selection process for admission. In 2016, the group started its first school, Vinschool Xi’an, with 64 students, and it quickly expanded its network to other
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It’s a new day for Vinschool, the $1.8 billion private school group that’s been expanding rapidly in the past few years. But with all this growth, I find myself asking: How far are we willing to go? Vinschool is a relatively small player in the school space in Singapore. It has 12 schools in Singapore, Malaysia, and the Philippines. And while it is growing fast, I believe it can do more — scaled-up not for profit, so it can offer better services to families with low to medium income
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Vinschool’s Vingroups not-for-profit model is unique and has revolutionized the world of not-for-profit education. Vinschool’s mission is to empower children and young adults in developing countries to develop the 21st century skills necessary for successful professional careers and social and environmental responsibility. In March 2018, Vinschool opened a Vingroup in Vietnam. So far, Vinschool has established 78 Vingroups, which are non-profit independent schools with over 1
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In 2015, we made a bold decision — to grow faster than our investors would have wanted us to go. We would become a nationwide brand by selling our schools through our non-profit structure, Vingroup. It was a challenge: we could not be a big enough firm to compete with incumbent private schools. And yet, we were not in the private market because our social mission was a business imperative. In my early days as CEO, I went to an NGO seminar hosted by BICS, Web Site