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Researching a Company

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Title: Researching a Company


1
Researching a Company
  • Myrna Rudder
  • Allen Rioux

2
Interview Preparation
  • So, your great resumé and effective cover letter
    have earned you an interview
  • What next?
  • As one part of your interview preparation, we
    suggest that you spend some time researching the
    interviewing company.

3
Why Research a Company?
  • First of all, you research a company as a way of
    demonstrating to the interviewer that you cared
    enough to learn something about them before
    coming in for the interview.
  • This involves research at its most basic level
    their history, primary business, products,
    location(s), number of employees, etc.
  • The Internet can help with this basic research
    in the case of many (or even most) companies, but
    not all.

4
Why Research a Company?
  • As importantly, you are also researching a
    company in order to protect yourself from making
    a mistake
  • e.g., taking a job that you wish that you could
    quit (because of something important about them
    that you didn't know or bother to find out before
    you started the job).
  • the purpose of this sort of research is to find
    out important information ahead of time (to the
    extent possible) before you take the job!

More important for full-time employment.
5
Why Research a Company?
  • On a practical level, the interviewer might ask
    questions similar to the following
  • What do you know about our company?
  • Why do you want to work with us?
  • What skills do you have that make you a good fit
    for our company?

You dont want just any job, you want this job.
6
Interview Part of the Process
  • Researching a company continues as you take part
    in the interview itself.
  • Ask additional questions about anything that you
    couldnt learn before the interview.

This shows your interest in the company, and a
mature approach to job hunting.
7
What Do You Want to Know?
  • What are the mission, goals and vision of the
    company?
  • What is the corporate culture like?
  • What is the specific job you would do?
  • Will the skills you care the most about in
    yourself get used?

The last items calls for you to know yourself!
Make a skills inventory.
8
Know the Employer
  • size of firm or industry
  • annual sales growth in last 5 years
  • current events stock prices
  • age of top management
  • geographic locations/ home office
  • who the competition is
  • organizational goals
  • organizational structure/career paths
  • number of plants/stores, etc.
  • products or services

9
Know Yourself
  • Identify your transferable job skills
  • Become aware of your strengths
  • Be aware of your weaknesses
  • Determine what youre looking for in a job
  • Know how you fit with the position or
    organization
  • Conduct information interviews

10
Can the Internet Help?
  • Often, all you can find out about the companies
    online is limited
  • names, addresses, phone and fax numbers, bottom
    line, credit rating, and such
  • Some companies provide much more detailed
    information
  • But dont count on it

11
Web-Based Resources
  • The Industry as a whole
  • Stock Points (www.stockpoint.com)
  • The company
  • Yahoo financial (www.yahoo.com)
  • Wall Street Journal Research Net (www.wsrn.com)
  • Companies online (www.companiesonline.com)
  • Hoovers (www.hoovers.com)
  • Biz Web (www.bizweb.com)
  • The specific position
  • Consult the Co-op office

12
Where Else Can I Get Help?
  • If you're going to go deeper and find out the
    information you really want to know, you're going
    to need to supplement online research with some
    offline research.
  • You will need to talk to people, e.g., other
    students, to thoroughly research the companies
    that interest you.

13
Resources On and OffLine
  • Career Services Library Public Libraries
  • Chamber of Commerce
  • Directories
  • Book of Lists
  • City, State Directories
  • Periodicals, Newspapers
  • Additional Web sites
  • www.monstertrak.com
  • www.naceweb.org
  • www.idealist.org
  • www.rileyguide.com
  • www.comfind.com
  • www.go.com
  • www.vault.com

14
Six Comforting Thoughts
  • In a hiring interview, you are still doing
    research.
  • Hiring interviews are not a science, they are an
    opportunity for communication.
  • Often, the employers representative is as
    nervous as you are.

15
Six Comforting Thoughts
  • You dont have to memorize a lot of answers to
    difficult interview questions. Be yourself and
    answer honestly.
  • The employer cares more about your future than
    about your past.
  • No matter what handicap you have, it need not
    keep you from getting hired.

16
Questions to Ask Yourself
  • What does this job involve?
  • Do my skills truly match this job?
  • Are these the kind of people I would like to work
    with, or not?
  • If we like each other, and both want to work
    together, can I persuade them that there is
    something unique about me, that makes me
    different from 19 other people who can do the
    same tasks.

17
In Simple Terms
  • Know yourself
  • Know the employer
  • Questions?
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