Challenges

I am leading an educational domain entity, our core responsibities are to train students for  achieving higher performance and excel in the exams for their higher studies option. We  prepare student from standard 9 to 12 who aspire to get into top engineering and medicine  field. Over the last few years we have started to feel that parents have started to look for  alternate career options other than the one we teach, with increased competition and our  business has taken a hit and we have to realign ourselves with new dynamics

Selection

With the detailed discussion over the last few months with the team we have worked on  various options we used tools of Example of other companies, but what we felt gave us clear  understanding of the problem was MIND MAP as it gave us complete understanding of all  stakeholders to achieve the necessary changes in our business

Application

parents of the student for the amount of time and money they were spending for their kids, we  disintegrated the problem and created a program which not only reduced stress and pressure  on student but also saved lot of money for parents and time for students. We took competitive  exam preparation to schools where kids were taught in When we started to look at the problem  by using tool of Mind Mapping we understood problem of the same campus for all the  requirements. Tools of Mind Mapped helped us understand the problem of parents and  student & create a solution

Insight

With Mind Mapping tool we could analyze the areas which we never focused on and created a  win win situation for teachers/Schools/Students and Parents, we also reduced our cost of rent  as we shifted student classes to school and it became one stop destination for student. We had  to reduce our fees for such program but it increase overall revenue and thus increased our  profit and help us outperform our competitors

Approach

We have found lot of merit in the method used and we decided to use similar methods to  understand any problems we face in the business. We would be extending similar approach or  methods for understanding the impact of marketing and its outcome for effectively scaling the  businesses. Gradually we need to roll out it to all the aspect and department of business.


Challenges I am leading an educational domain entity , our core responsibities are to train students for achieving higher performance and excel in the exams for their higher studies option . We prepare student from standard 9 to 12 who aspire to get into top engineering and medicine field . Over the last few years we have started to feel that parents have started to look for alternate career options other than the one we teach , with increased competition and our business has taken a hit and we have to realign ourselves with new dynamics Selection With the detailed discussion over the last few months with the team we have worked on various options we used tools of Example of other companies , but what we felt gave us clear understanding of the problem was MIND MAP as it gave us complete understanding of all stakeholders to achieve the necessary changes in our business Application parents of the student for the amount of time and money they were spending for their kids , we disintegrated the problem and created a program which not only reduced stress and pressure on student but also saved lot of money for parents and time for students . We took competitive exam preparation to schools where kids were taught in When we started to look at the problem by using tool of Mind Mapping we understood problem of the same campus for all the requirements . Tools of Mind Mapped helped us understand the problem of parents and student & create a solution Insight With Mind Mapping tool we could analyze the areas which we never focused on and created a win win situation for teachers / Schools / Students and Parents , we also reduced our cost of rent as we shifted student classes to school and it became one stop destination for student . We had to reduce our fees for such program but it increase overall revenue and thus increased our profit and help us outperform our competitors Approach We have found lot of merit in the method used and we decided to use similar methods to understand any problems we face in the business . We would be extending similar approach or methods for understanding the impact of marketing and its outcome for effectively scaling the businesses . Gradually we need to roll out it to all the aspect and department of business .