The VET Market Jim Davidson Department of Education, Employment, and Workplace Relations.

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Presentation transcript:

The VET Market Jim 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