STRATEGIC PARTNER IDENTIFICATION RESEARCH

Our client is one of the leading international independent schools for boys and girls, founded in the early 1900s.
Catering to students aged 2-18 years, the school is renowned for its co-educational boarding, outstanding academic performance and exceptional sports results.

Problem Statement :

  • The client wanted to enter the Indian market with a specific focus on the western and southern regions.
  • Our key focus areas of the research were:
    • To understand the Indian education landscape, competitive environment and regulatory feasibility.
    • To identify and evaluate potential business partners in India who aligned with their mission and values.

Our Research Approach :

  • To address the client’s strategic objectives, Novus Insights adopted a comprehensive and multi-pronged approach, focusing on both market research and partner search.
  • Stage I: Market Research and Competitive Benchmarking:
    • Market Landscape Analysis: Novus conducted a comprehensive study of the Indian education sector, focusing on the western and southern regions to uncover key trends, market dynamics, and emerging opportunities.
    • Competition Benchmarking: Our experts explored the strategies of leading schools across India, evaluating their business models, value propositions, unique selling points (USPs), and areas of differentiation.
    • Regulatory Feasibility; We assessed the regulatory landscape, identifying the necessary licenses, permits, and compliance requirements for establishing educational institutions in India.
  • Stage II: Structured Partner Search:
    • Initial Screening: Leveraging our expertise, Novus conducted extensive research to develop a robust long list of 50-60 potential partners, ensuring alignment with the client’s strategic goals.
    • Criteria Development: We collaborated with the client to define key selection parameters, such as experience in education, operational expertise, cultural alignment and business vision.
    • Shortlisting: We shortlisted 15-20 candidates based on these criteria and provided detailed profiles for client review.
    • Deep Dive Analysis: Finally, Novus assessed the shortlisted partners based on their level of interest, seriousness, relevant experience, understanding of the client’s proposition and other critical factors.
  • Stage III: Engagement Support:
    • Developed a compelling pitch deck tailored to the Indian market and the client’s value proposition.
    • Presented the proposition to shortlisted candidates, facilitating discussions and ensuring alignment on objectives.

KEY TAKEAWAYS OF RESEARCH:

  • Delivered a detailed analysis of the Indian education market, including growth opportunities, competitive dynamics and regulatory considerations, providing the client with a solid foundation for decision-making.
  • Provided insights into how leading schools in India are addressing market challenges, enabling the client to position themselves strategically.
  • Identified a refined list of five highly relevant potential partners, each vetted for alignment with the client’ criteria.
  • Supported the client in advancing discussions to the stage of signing a Letter of Intent (LOI) with a preferred partner.
  • Equipped the client with a comprehensive market entry roadmap, ensuring clarity on competition, partnership models, compliance requirements for successful entry into the Indian market.

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