Business Communication Frederic Murray Assistant Professor MLIS, University of British Columbia BA,...

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Business Communication

Frederic Murray Assistant ProfessorMLIS, University of British ColumbiaBA, Political Science, University of Iowa

Instructional Services LibrarianAl Harris Library frederic.murray@swosu.edu

38 Years Later

Assignment One• As a soon-to-be college graduate, you will be starting

your own business or joining an existing company soon. In either instance, you may be asked to write a business plan. If you start your own company, a business plan is part of the initial package required to get financial approval. If you work for an existing company, your company may begin a new venture, which would require a business plan. Use your imagination, put yourself in whatever business scenario you choose and write a business plan relating to that scenario. Additionally, research other corporation's business plans to get an idea of effective and ineffective methods.

Assignment Two • Students should choose a job that he/she is qualified

for upon graduation from college. Research the company and prepare the appropriate job application documents and prepare for an interview. Produce a resume and cover letter appropriate for the position.

Assignments

• Choose a business scenario/ Write a business plan/Review other scenarios/Effective and ineffective

• Find a job/research the company and industry/Prepare for interview

Business Research

• Financial Information• Internal Operations Questions

– Like business plans

Finding this information requires Specialized Tools

What Type of Business ?

• Publicly Traded• Private• Subsidiary

Knowing will help direct your research…

Research: Content is Key

• News/trade/academic articles • Company and/or industry profiles • Analyst reports • Consumer and marketing

information• International information • Directory information• Raw (mostly financial/economic)

data

Library Business Databases• Business Source Complete• LexisNexis Academic• Hoover’s

Researching the Assignments• Industries• Companies • People

• All Three are options for finding good information

Business Source Complete• Journal/News Articles

• Industry Profiles• Market Research Reports• SWOT Analysis *

– Strength/Weakness/Opportunity/Threats

Fitness Centers

Fitness Center

Business Source Complete• Journal/News Articles

• Industry Profiles• Market Research Reports• SWOT Analysis*

– Strength/Weakness/Opportunity/Threats

(Good for Comparison part of Assignment)

LexisNexis:Search by Content Type • Dossier

– Company, Executive, Industry, Compare

• Company Profiles• SEC Filings

Hoovers

• Use Hoovers to review the following criteria:– Industry Information– Challenges– Competitors– Financial Summary– Competitive Landscape– NAICS Code

Attack the Challenges

Hoovers: for Assignment

• Trends & Opportunities• Executive Insights • Business Challenges

As your Librarian I highly recommend this database…

NAICS

• North American Industry Classification System

• NAICS is the standard used by Federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy.

• Standard Industrial Classification (SIC) System (Older)

• http://www.census.gov/eos/www/naics/

Hoovers

• Search Information on Specific Companies – Financial data– Annual reports– Competitors– Officer names

Hoovers

• Find a job/research the company and industry

• Call Preparation Questions• Good Information for Assignment

Two

Resources: Assignment Two• Glassdoor - Database with millions

of company reviews, CEO approval ratings, salary reports, interview reviews and questions

• Glassdoor for Students

• Indeed – Job Search Engine

CLASS EXERCISE

Questions?

• Contact me:

• Frederic Murray• 774-7113• frederic.murray@swosu.edu

Thanks!

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