Jobstreet.com Philippines

Jobstreet.com Philippines a subsidiary of Jobstreet.com Malaysia is an online company established in 2000 to provide manpower services. Or more specifically, the firm provides an online service through the internet matching jobseekers to employers. It is number one in its strategic group in every se...

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Main Author: Lim, Johnson
Format: text
Language:English
Published: Animo Repository 2007
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Online Access:https://animorepository.dlsu.edu.ph/etd_masteral/3667
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Institution: De La Salle University
Language: English
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spelling oai:animorepository.dlsu.edu.ph:etd_masteral-105052021-01-08T05:28:00Z Jobstreet.com Philippines Lim, Johnson Jobstreet.com Philippines a subsidiary of Jobstreet.com Malaysia is an online company established in 2000 to provide manpower services. Or more specifically, the firm provides an online service through the internet matching jobseekers to employers. It is number one in its strategic group in every sense of the word: in terms of revenue, net profit, brand recall, number of customers. As shown in the five forces summary table below, the manpower services industry is not an attractive business to be in. With low exit and entry barriers, most firms in this industry will probably earn low returns. In Jobstreets strategic group of 20 firms, only two are profitable. The opportunities and threats to the industry, the strengths and weaknesses of the company, the personal values of the key implementers and the broader societal expectations were used as the basis for recommending a strategy. In summary, this paper recommends Jobstreet to expand its geographical scope. Being a new company operating in an emergent group, the firm has spent its start-up years educating the market, focusing its efforts on the National Capital Region (NCR) where most of the large businesses and internet users are located. However, new research has shown that internet users have increase from two million in 2001 to a projected 41 million by 2014. This means that internet adoption is fast expanding into the other regions and provinces. Five regions in the Philippines accounted for 76% of total employees and 65% of Small Medium Enterprises. These are NCR, Region 3, Region 4, Region 7 and Region 11. Jobstreet with its present operations in NCR will expand its geographical scope by establishing sales offices in the metro urban areas of the four other regions. Following this strategy, Jobstreet.com Philippines is projected to grow its revenue of P43 million in 2004 to P155 million by 2008, maintain its annual net operating margin of 50%, and be the market leader in job positions posted from a current 35% to a 50% market share by 2008. 2007-01-01T08:00:00Z text https://animorepository.dlsu.edu.ph/etd_masteral/3667 Master's Theses English Animo Repository Labor market--Philippines Manpower policy--Philippines
institution De La Salle University
building De La Salle University Library
continent Asia
country Philippines
Philippines
content_provider De La Salle University Library
collection DLSU Institutional Repository
language English
topic Labor market--Philippines
Manpower policy--Philippines
spellingShingle Labor market--Philippines
Manpower policy--Philippines
Lim, Johnson
Jobstreet.com Philippines
description Jobstreet.com Philippines a subsidiary of Jobstreet.com Malaysia is an online company established in 2000 to provide manpower services. Or more specifically, the firm provides an online service through the internet matching jobseekers to employers. It is number one in its strategic group in every sense of the word: in terms of revenue, net profit, brand recall, number of customers. As shown in the five forces summary table below, the manpower services industry is not an attractive business to be in. With low exit and entry barriers, most firms in this industry will probably earn low returns. In Jobstreets strategic group of 20 firms, only two are profitable. The opportunities and threats to the industry, the strengths and weaknesses of the company, the personal values of the key implementers and the broader societal expectations were used as the basis for recommending a strategy. In summary, this paper recommends Jobstreet to expand its geographical scope. Being a new company operating in an emergent group, the firm has spent its start-up years educating the market, focusing its efforts on the National Capital Region (NCR) where most of the large businesses and internet users are located. However, new research has shown that internet users have increase from two million in 2001 to a projected 41 million by 2014. This means that internet adoption is fast expanding into the other regions and provinces. Five regions in the Philippines accounted for 76% of total employees and 65% of Small Medium Enterprises. These are NCR, Region 3, Region 4, Region 7 and Region 11. Jobstreet with its present operations in NCR will expand its geographical scope by establishing sales offices in the metro urban areas of the four other regions. Following this strategy, Jobstreet.com Philippines is projected to grow its revenue of P43 million in 2004 to P155 million by 2008, maintain its annual net operating margin of 50%, and be the market leader in job positions posted from a current 35% to a 50% market share by 2008.
format text
author Lim, Johnson
author_facet Lim, Johnson
author_sort Lim, Johnson
title Jobstreet.com Philippines
title_short Jobstreet.com Philippines
title_full Jobstreet.com Philippines
title_fullStr Jobstreet.com Philippines
title_full_unstemmed Jobstreet.com Philippines
title_sort jobstreet.com philippines
publisher Animo Repository
publishDate 2007
url https://animorepository.dlsu.edu.ph/etd_masteral/3667
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