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Liton
Liton
OBSERVED PHENOMENON
During the surge of the COVID-19 pandemic, the global economy experienced a
significant downturn, with international trade and business activities slowing down,
particularly in maritime-related sectors. As a result, the maritime industry was also
affected. With the uncertainties surrounding the industry brought by the effects of the
pandemic surge, many maritime companies pulled back leading to their operations
being reduced, implementation of cost-cutting measures, and reassessment of their
hiring strategies, which led to a fewer job openings for new graduates entering the job
industry. This also heightened the competition among fresh graduates due to limited job
position offerings. Additionally, travel restrictions and health protocols further
complicated the recruitment processes such as job fairs and on-campus interviews for
maritime companies hindering the ability of fresh graduates to meet potential employers
and secure employment opportunities. By conducting this study, it aims to gain a deeper
understanding on the problems experienced by recent maritime graduates from Bohol
and explore potential strategies to to address the employment needs of these fresh
graduates in a post-pandemic landscape.
OBJECTIVES
SIGNIFICANCE
THEORY
A relevant theory that relates to the maritime industry and its relationship with
employment opportunities, the economy, and social conditions is “Porter’s Diamond
Model.” Developed by Michael Porter, this framework focuses on the competitive
advantage of nations and industries, emphasizing four interconnected determinants:
factor conditions, demand conditions, related and supporting industries, and firm
strategy, structure, and rivalry. In the context of maritime employment opportunities
post-COVID-19, Porter’s Diamond Model can help elucidate how factors such as
national infrastructure, government policies, market demand, and industry structure
influence job prospects within the maritime sector. By applying Porter’s Diamond Model,
researchers can analyze how these determinants interact to shape employment
opportunities within the maritime industry post-COVID-19. They can assess the
competitiveness of maritime clusters, identify areas for improvement in factor conditions
and industry structure, and develop strategies to enhance the overall attractiveness of
the maritime sector as an employment destination for fresh graduates.