Posts Tagged ‘Five Forces Framework’

Porter’s five forces model view of the job board industry



Taught in every MBA course, Michael Porter’s Five Forces model is a useful tool to make sense of the competitive environment of a particular industry. By mapping the various forces influencing an industry, Porter’s model helps in assessing the attractiveness (profitability) of a market and the planning of corporate strategy.

Whether you are a job board operator, a recruitment agency, an ATS provider or a consulting firm, the Five Forces model is a quick and useful framework to assess competitors, threats and opportunities. For example, the competitive environment of job boards can be briefly illustrated by using Porter’s model (refer chart)

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