Preparing a Vietnam plan your board will approve
Market entry proposals fail at board level for predictable reasons. Most of them are about how the case is framed rather than whether the market is good.
In this article
A Vietnam proposal that is right on the merits still fails if it is framed as an opportunity rather than as a decision with numbers attached.
What boards actually ask
- What does it cost, in total, for how long before we judge it? A plan without a stated evaluation horizon invites cancellation at the first slow quarter.
- What is the realistic enrolment range, low and high, and what drives the difference?
- What is the cost per enrolment compared with the channels we already use?
- What do we stop doing to fund it?
- How do we exit if it does not work, and what do we lose?
Framing that survives scrutiny
Present it as a three-year build with an explicit year-one target that is deliberately modest, and say plainly that year one is for learning and recognition rather than volume. A board that approves a realistic small number is far more likely to fund year two than one that approved an optimistic large one and did not get it.
What to include that usually is not
The things you do not yet know, listed. A proposal that names its own uncertainties reads as competent; one that projects confidence about a market the institution has not entered reads as a pitch.
Building the case with real numbers: Services for institutions โ
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