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Wednesday, September 30, 2015

Building a Resume

By: Vincent Kania
9/30/15

In the business world, first impressions are vital. When you first meet a recruiter for a company, those first few minutes are a huge factor that determine if you will get the job or not. How can you ensure you make a good first impression and set yourself apart from the crowd? Make a good resume.

Any employer will stress how important a good resume is. In such a competitive world where many people will be applying for the same job, a good resume highlights why one person is better than the other. While everyone knows this, what many people don't know is how to actually make a good resume that really shows your strengths as a leader, worker, and an individual.

When creating a resume, it is important to sell yourself to the company as someone they need. List past experiences that have made you a better worker and individual, and explain what tasks you were required to do. When doing this, it is important not to just list the job description. Explain what you did for the company on a daily basis that shows how you make the company look/preform better. List achievements earned while working there as well, as that shows how you are more than an average employee. Using the correct type of language is another good aspect to focus on. When using good action verbs, it shows that you are actually doing that task in an interesting and effective way. Finally, include your GPA. This is a huge factor that can push you in front of someone who is in the same field as you with the same classes. Companies might look for it themselves anyway, so putting it on there not only saves them a step but can give you an advantage over someone else.

Finally, list all achievements and honors you have received. List clubs or sports you are involved in, and be sure to include any community service hours. Companies are looking for someone who is more than a worker; they are looking for someone who is actively involved with the community and other people. This shows you are a good team player, and and overall good person.

Follow these steps, and you are well on your way to a good first impression, and hopefully land you that interview.

"Resume Writing - How to Write a Masterpiece of a Resume." Rockport Institute. N.p., n.d. Web. 05 Oct. 2015.

Sunday, September 27, 2015

Is going to business school important?

One of the big questions a lot of us business majors ask ourselves is, do I need to get an M.B.A.? This is something that I have been continuing to research as I begin my journey into the business world. As a business major, there are many obstacles you have to hurdle before you can even start thinking about what to do after graduation. However, there is always that looming notion that an M.B.A. is the next step in order to reaching the highest possible level of success in your future career.

In this day and age, with such a competitive job market, higher education is paramount when it comes to getting job offers at top companies. It's highly unlikely that you can just cruise through four years of college and expect to go rake in big bucks at a major financial firm, with a bachelor's degree. That's just reality.

First of all, most people pursue MBA's after they have spent a few years in the field after graduation, so you have time to figure out whether or not you feel it is necessary, but most importantly, you must be motivated and determined if you want to advance your career. An MBA is not for everyone. If you're comfortable where you are, then there is no need. But, if you look at the payoff, and the potential earnings you could see, then it might be something to seriously consider. If you strive to be on the management level, an MBA is definitely something companies will value.

In some fields of work in the business world, MBA's simply aren't necessary. If you're trying to specialize, you have to look for programs that fit with your focus. Which is when you should start looking to obtain a Master's instead.

In a poll of business school graduates, where they were asked what they thought was the most valuable thing they gained from their degree, "skills and knowledge" had a large percentage of the vote, but "network of contacts" also was something that was very popular. Which goes to show that it is very beneficial in not only improving yourself as a businessperson, but also opens many doors for opportunities with others.

by JACK DENISON

Stanger, Melissa. "MBAs Say This Is The Most Useful Thing You'll Get Out Of Business School." Business Insider. Business Insider, Inc, 05 Aug. 2014. Web. 27 Sept. 2015.


Innovation is a Sprint Not a Marathon

Innovation is the key to a good company. In todays world, it’s all about what company creates the next big thing first. You see these innovations working within business’ like Apple, Samsung and Nikon. These are quick to bring consumers something even more impressive than the last. 
But what happens if a company isn't quick enough? For example the company Kodak was a big deal in film development and were recognized for bringing consumers a “Kodak moment.” In the prime of the company, 1990, Kodak made $19 billion in annual sales  with 145,000 employees. Now Kodak has $2 billion in annual sales with only 8,000 employees.


       In 1975 Kodak was actually the first company to create a digital camera but instead of profiting from this innovation they decided to not use this huge opportunity to help the company grow because they were still on top. They also developed and patented other technology which is used in most cameras today. Kodak helped create the technology that would soon set their own company back by helping other companies push forward. 
Instead of being the first company to have a digital camera, they put theirs on the market in 1995, after most other companies put their digital cameras out there as well. Think of where Kodak would be now if they sought out to be innovators 20 years earlier. 

By: Jordan Liddle



http://mashable.com/2012/01/20/kodak-digital-missteps/#4JM6YwXslZkd

Prompt Two: Business Ethics


When contemplating one’s own personal ethics there are so many things to be considered, but when contemplating the ethics of your own company you’re defining what you stand for as well as all of your businesses and the people underneath you. I plan to use the moral code of a business that relates to my own personal values and I will compare/contrast them with the rest of the business world. In this blog I will relate my own ethics to that of the rest of the business world.

If you had read my last blog post, “The Luxurious Side of Business” you are familiar with the Discovery Land Company. For those who did not, Discovery is a land company that builds extremely luxurious country clubs all around the world. Though their clubs and facilities alone are enough for a stellar reputation, they take their commitment to the next level through their world class service and dedication to their members. On Discoveries website you will find this exact paragraph describing what they are all about, “Discovery’s projects are well-known for having the highest end service and amenities. The intimacy of the small private club atmosphere allows Discovery to provide member/owner service that is more attentive and hands-on than the world’s best resorts. We create peerless private luxury. The premier service we provide to our members is our hallmark and second to none.”

The Discovery code of ethics not only relates to my own morals, but strictly follows the base format of any high class resort in the hospitality business world. Similar to Discovery family is a very important part of my life. I have grown up in two families deeply rooted in those values. To see a company so committed to close relationships between members and workers really resonates well with me. In comparison to other businesses it lays where it deserves to be… the top. This company appeals to the highest end of society and that is why it’s so prestigious among its competitors.

By Hunter Griffiths

"Lifestyle." Lifestyle. Discovery Land Company, n.d. Web. 27 Sept. 2015.                         

The World of Hospitality Business


Whether you like to lay out on the beach, golf, fish, ski/snowboard or even paintball Discovery Land Company most likely can meet your needs. This company strives to create some of the most luxurious private country clubs in the world and due to the fact that 16 of their 18 projects are considered world-class they clearly have succeeded.

Discovery was founded in 1994 by Michael Melman and is based out of Scottsdale, Arizona where their first club, Estancia is located. Being from Scottsdale myself I have known the vice-president of this company (Steve Adelson) for most of my life and have been fortunate enough to visit a few of these beautiful clubs. In respects to the high class lifestyle provided by Discovery it comes to know surprise that memberships at such places are extremely high priced.
The photo on the left represents just one of 18 holes on Gozzer Ranch's world ranking golf course; lined with nature and scenic views all surrounded by beautiful Court D'Alene Lake, Idaho.

According to the sixth edition of the book Introduction to Hospitality Business all hotels are graded on a scale from 1-5 diamonds. A one-diamond hotels are simple buildings usually set up along side highways to meet travelers basic needs while a five-diamond hotel like all of discoveries properties are defined for having the highest levels of service, sophistication, and offerings.

By Hunter Griffiths

"Lifestyle." Lifestyle. Discovery Land Company, n.d. Web. 27 Sept. 2015.   
          
 Walker, John R. Introduction to Hospitality. 6th ed. Upper Saddle River, NJ: Pearson Prentice Hall, 2006. Print.           

Nike better than ever



Nike has been dominating the footwear and apparel game for a rather long time, and seeing their recent stock at an all time high, it certainly doesn't look like their success is going to change any time soon.  As of September 25, Nike hit an all time high of $124.25 in the stock market.  Nike has made spectacular growth in the past 10 years, rising an alarming total of 465%.  Last quarter alone Nike made a total of $8.4 billion, a 5% revenue raise on the year.

One of the biggest things that Nike has going for them is the overwhelming power of the brand itself.  Forbes states that Nike is the 18th most powerful brand in the world, a worldwide popularity icon.  The powerhouse is specifically popular among teenagers, as 24% of all teenagers refer to Nike as their preferred brand.

Lets face it, Nike has a chokehold on the sneaker industry.  They are able to create immense amounts of hype and demand for certain products, which allows them to significantly raise prices and make greater amounts of money.  They almost have more customers than they know what to do with.  Nike receives a great deal of their profits from the continental United States, 45% of all revenue coming from North America alone.  Nike is on the rise once again and as always, where else would they be but at the top?







By: Cole Dolan
Kevin Kelleher- "Here's Why Nike's Stock Is On An Amazing Run"
September 25th 2015
http://time.com/4050096/nike-stock-price/
Time News

Monday, September 21, 2015

Popularity of Business Degrees

By: Vincent Kania

In my opinion, whenever I ask someone what their major is in college, the overwhelming response seems to be a career in the business field. This may just be a coincidence based on where I live or the small amount of people I ask relative to the number of students enrolled here, but it does seem to be a very popular type of degree. The question is, how popular are business degrees in college? How many students graduate with that degree, and how many of those students go on to get jobs in that field? According the the National Center for Educational Statistics, it is an incredibly popular field. 
"Of the 1,791,000 bachelor’s degrees conferred in 2011–12, the greatest numbers of degrees were conferred in the fields of business (367,000)" These numbers confirm without a doubt how popular the field is. It's possible that it is so popular for a variety of reasons: some students may find it a very accessible field, some may recognize how businesses are always hiring young people for new positions, or some may realize the effects of globalization in our economy and that companies from all over the world are looking for qualified people to help with their business.

Since it is obvious that the field is so popular, the question becomes "is is worth it to get a degree in the business field?" With so many students fresh out of college looking so competitively for a good job, is it worth risking all that time in money to not even have a guaranteed job? I believe it is a good idea. Alison Damast, a writer for the website "Poets and Quants for Undergrads" believes it is a "degree with boundless potential" that has the ability to land you a career in most fields simply because you have a business degree. It also lets you get a job straight out of college, and many students claim to have various positions open for them if they have graduated from a more prestigious school. Many businesses claim that having a degree puts potential candidates well above those who don't have one. It seems to be a high risk high reward situation, but in my and many professional opinions, it is a huge advantage that makes you a very enticing choice for being chosen for a position over someone without a degree or someone who does not have as prestigious degree than you.








"Most Popular Majors." Ncesfastfacts. N.p., n.d. Web. 21 Sept. 2015.


"Most Popular Majors." Ncesfastfacts. N.p., n.d. Web. 21 Sept. 2015.