Designing a Business Plan for a Retail Academy launched by a Foundation Seeking to Uplift Local Youth in the GCC

Sectors

Education Education

Services

Market Entry & Scale Up Market Entry & Scale Up

Offering

Strategy Development Strategy Development

The Challenge

The foundation sought to make an impact on Arab youth unemployment in the GCC by developing an academy to build capacity among youth and connect them to the retail sector. After scoping and surveying the market, the foundation needed an effective business plan to move the development of the academy forward and achieve high impact. 

Our Crafted Solution

Globesight developed a comprehensive assessment of the region to identify key areas for engagement. We analyzed key documentation and performed extensive interviews with relevant stakeholders to frame the model for the academy. We then developed an eight-dimensional operating model with cost and revenue projections over a five-year period that considers the regional context. We also identified key factors for successful implementation as well as recommendations along each dimension of the operating model (programs, locations, etc.).

The Impact

With Globesight’s support, the foundation was enabled to initiate the development of the academy with a deep understanding of the operational and financial needs in order to achieve success.