The VET Market Jim Davidson Department of Education, Employment, and Workplace Relations.
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The VET Market Jim Davidson Department of Education, Employment, and Workplace Relations
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Transcript of The VET Market Jim Davidson Department of Education, Employment, and Workplace Relations.
The VET MarketJim Davidson
Department of Education, Employment, and Workplace Relations
The Industry
Overview of VET market
The Industry
Rivalry amongst existing
competitors
Forces Governing the
Market
The Industry
Rivalry amongst existing
competitors
Threat of new
entrants
•Other Providers
•Universities
•Schools
The Industry
Rivalry amongst existing
competitors
Threat of new
entrants
Bargaining power of customers
•Students have more information
•Why do some students not choose VET?
•Student contribution
The Industry
Rivalry amongst existing
competitors
Threat of new
entrants
Bargaining power of customers
Threat of substitute
products and services
•Work-based training
•Private accreditation
•E - Learning
The Industry
Rivalry amongst existing
competitors
Threat of new
entrants
Bargaining power of suppliers
•Government purchasing arrangements
•Increasingly market driven approach
•The VET professional
Bargaining power of customers
Threat of substitute
products and services
The Industry
Rivalry amongst existing
competitors
Threat of new
entrants
Bargaining power of suppliers
Bargaining power of customers
Threat of substitute
products and services
Thank you
