Introduction
The trade-off question at hand is whether Great Learning should prioritize expanding its course catalog or improving existing course quality to enhance student outcomes. This scenario involves balancing growth through new offerings against refining current products for better results. I'll approach this analysis by examining the context, stakeholders, metrics, and potential experiments to inform a strategic recommendation.
I'd like to outline my approach to ensure we're aligned on the key areas I'll cover in my analysis.
Step 1
Clarifying Questions (3 minutes)
Why it matters: Helps tailor our strategy to the core user base Expected answer: Primarily working professionals seeking career advancement Impact on approach: Would focus on high-value, career-oriented courses and outcomes
Why it matters: Aligns our strategy with the business model Expected answer: Revenue tied to course completions and certifications Impact on approach: Would emphasize course quality and student support to drive completions
Why it matters: Indicates current student satisfaction and potential for organic growth Expected answer: Moderate NPS with room for improvement Impact on approach: Could justify focusing on quality improvements to boost satisfaction and referrals
Why it matters: Determines feasibility of rapid catalog expansion Expected answer: Limited in-house capacity, relying on partnerships for new courses Impact on approach: Might favor improving existing courses over rapid expansion
Why it matters: Informs the scope of potential changes Expected answer: Flexible budget, but need strong justification for major shifts Impact on approach: Would require clear ROI projections for either strategy
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