Vinschool The Triumphs and Challenges of Scaling Vingroups NotForProfit School Chin Tiong Tan Lipika Bhattacharya 2020
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In this year’s Financial Times “Big Questions” feature, we met Vinschool founder and principal, Tiong Tan Lipika, who had been working on a school for over 12 years. The Vinschool was founded in 2006 by Tiong in a small one-room office in Singapore’s Chinatown, and grew from strength to strength, with 35,000 students enrolled in 2019. It was the first privately owned and funded institution in Singapore’s education landscape,
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Vinschool is a private school in Singapore that offers a range of education options from Early Childhood to Secondary school. Vinschool started out with only one school in 2008, and since then it has been growing exponentially, increasing its number of schools to 33 across the country. The success of the company can be attributed to a number of factors, including its strong management team, commitment to innovation, and strategic growth plan. look what i found Here are the key elements of Vinschool’s growth and success. 1. Strong management team
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“I believe Vinschool is one of the most exciting not-for-profit school chains in the world.” Then, what challenges have you faced as a leader of this school chain, and what steps have you taken to overcome them? What are the challenges that Vinschool is facing in the short term? Vinschool is facing significant challenges in terms of growth and market competition. We are scaling up our presence in the market, and the task is challenging. As our footprint in the city expands, we must deal with growing
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In this case study, Vinschool, the not-for-profit school chin tiong tan lika bhattacharya, has embarked on the journey of scaling in the last 10 years, which has been a significant undertaking with its focus on quality, effectiveness, and customer engagement. Vinschool’s journey was not smooth, but it was an outcome of a strategic shift towards the vision of providing holistic and personalised education to students of all ages. The school’s founders recognized that not all students have the
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The case of Vinschool: a vingroup school in Singapore is a case study for how to scale a vingroup school successfully through a new market entry. This case study discusses the challenges and successes of Vinschool’s new business model to provide high-quality education to low-income children. Vinschool started in Singapore as a private elementary school in 2007. The founder of the school, Mr. Cheng Wen Chong, initially established the business model of operating several schools in the same area as its primary
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In 2013, Vinschool was a four-student start-up. In 2018, we went on the national roadshow and found many schools with similar problems. We then created a plan and started our first Vingroup, which grew into a big network. It’s been challenging to maintain a decent growth while competing with a billion-dollar market leader. Here are the key things we have learned and observed. 1. We are not your average school chain. As we expanded, we quickly realized that