One of the advantageous of a private school is the alignment of values, approach and focus with that of the family’s interest and needs.
This is a two way street
Many prospective parents are surprised to find this go both ways. Quickly dispel the notion that you paying gobs of money means you are a customer. Incorrect. You are paying for part of the expenses for a community you are joining (and ideally, have been long part of). And this means it goes both ways.
Many private schools often don’t have enough openings. Others have certain entrance criteria (this doesn’t mean academic) and will not diverge from that criteria, even if it means leaving seats empty or shutting down. That is what makes them special – the ability to focus on their particular mission.
In short, this means your family must earn and keep a spot in a private school. That means not only selecting a school that is a fit for you but the school selecting you.
Where does your family fit in compared to other applicants?
To do this we will examine existing models constructed from the research at (where else) a private education institution – in this case Harvard University – where Michael Porter describes the five competitive forces that should be considered in shaping strategy. These forces include rivalry, threat of new entrants, threat of substitutes, bargaining power of buyers and suppliers.
In your own situation what is your value to the school community? If you were the school would you select your family as compared to others? Why? And why not?
Remember financial aide is often managed through a blind trust so the ‘I can pay the tuition’ might not be a factor. Or it might be. Depends on the school. And for grade schools, academic excellence doesn’t exist. And for college it might be one of those necessary but not sufficient items.
In our own situation we are members of the religious community where our child goes to school so we offer continuity and shared values.
Additionally, we enrolled during the last large economic downturn when interest in private education waned because of financial challenges for many families. For us the religious framework was more important than the bank account.
What about you?
What about you? Is a new school forming that needs students and aligns with your vision of a school? Or is the school almost entirely families from one part of town/culture/group and you family can introduce much needed diversity in the classroom?
Investigate and understand. We have seen a class with 85% boys in the class turn away more boys because they wanted a higher mix of girls. Your value proposition can be as simple as having a daughter who is interested in the school.
Lay aside your tendency to fighting for what you think is the right school for your child – you might be wrong
You might be thinking that school ‘over there’ would be perfect for your child. And that might be the case but more than likely the school ‘right here’ is the ideal fit and will seem all to familiar. It might even be your local public school.
The point here is to find out instead of blindly applying to what you think is the ideal or best private school. And consider your families relative position in the five forces competitive model.
And finally, do your research
Do your research. I assure you that is it much better to find out your situation is not a match before your child joins the school rather than focusing on getting in no matter what.
“The Five Competitive Forces That Shape Strategy.” Harvard Business Review. August 13, 2008.
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