The variety of recruitment agencies in terms of size, speciality, and strategy ensure that regardless of individual market positioning, all organisations will face stiff competition from all corners of the industry. Low barriers to entry for the industry as a whole leave firms vulnerable to new competitors exploiting their inefficiencies or weaknesses and stealing market share. Completely understanding your firm’s business performance, both internally and relative to other members in the industry, provides the insight necessary to identify weaknesses before they result in the downfall of the organisation.
More information: https://www.bullhorn.com/au/blog/2019/01/three-staffing-kpis/
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