Accounting & Investing Info for San Antonio A & M
Heading for that interview, here are ten things to avoid in a recent Business Week Posting.
Meanwhile the big box guys are becoming well small box guys. Actually Wal Mart started in smaller towns like Seminole Texas with small stores. They are just returning to their roots.
I just want to know where these new WalMarts are going to be built. There seems to be a WalMart everywhere you look; they seem to have already saturated at least most of their markets. It seems to me this is part of thier “upscaling” idea, trying to change the publics perception of them being big bullies with cheap products forcing out the neighborhood mom and pop stores. The question after a time would have to be, if these Neighborhood Market stores are actually generating new income or just canabalizing it from the larger and presumably cheapr WalMart stores.
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Apparently a new store and ‘new sales’ are an integral part of the WMT success formula. As April says at some point you become your own competitor, rather like Steve Jobs pitting the Apple II group against the Mac group. WMT is apparently not able to increase same store sales to their satisfaction by going upmarket so here we are. There are worse things than making lots of money….I think a big lesson here is that one had best really like the image one adopts because it is difficult to lose it. This has been the case for many a television series ‘star’ that tries to make the shift to movies, he or she becomes typecast as Sally Struthers in All in the Family or McLean Stevenson in MASH discovered.
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Also a comment on the interview article. There was a comment on the site by someone stating that all of this preparation, while making for a good interviewee, does not necessarily make for a good employee. I do agree that going into the interview not knowing anything about the company is ill advised and that the competition for any job may be so close, that it is only through an interview that a decision can be made. I just have to wonder that if it is not sometimes the better interviewee and not necessarily the better person for the job that gets it. But I guess to contradict myself, I do understand the interviewer’s dilemma, they only have a short time frame in which to evaluate and determine if the person setting in front of them is worth the investment and commiment of training and compensating, which I can only imagine as being a daunting task, so of course the impression giving during the interview is all they have to go on. I guess you really have to do all that you can to make yourself stand out form the crowd, so if that means a little extra research or practice answering interview questions, so be it.
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We do have two outstanding counselors to help in this area, Laura Smith and Greta Davis. Going into any situation like this
Research the industry-current trends, profitability, google for articles about the industry
Research the firm-to to finance.yahoo if it is public, search the local paper for recent articles, are they making money, have you read the last two reports, even if not a public company, many companies put out some sort of report on their condition and community involvement
Research the execs-their background and where did they go to college, well yeah…
Prepare to be very very observant in the interview, you only have a few minutes, think Sherlock Holmes, what clues are in the room what pictures on the wall, what degrees, what is on the desk, what reading material is around
Speaking of which, how about taking an article on the company that you have read?
Or go into business for yourself and figure out who to hire….
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Professor Elam 
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