We love Mikala Bierma and her "Disappointing Gay Best Friend" series, but the stylish librarian in us really gets a kick out of "Tech N Style". Keep 'em coming, Mikala!
We love Mikala Bierma and her "Disappointing Gay Best Friend" series, but the stylish librarian in us really gets a kick out of "Tech N Style". Keep 'em coming, Mikala!
Aflac, the company that provides supplemental insurance and is best known for their silly commercials, published their 2011 Workforce Study last summer. The study examines employees' satisfaction, impressions of benefits, and beliefs about voluntary benefits. Plus, they provide information on company benefits by size of company and by industry for education, government, health care, and retail. One interesting tidbit is that 41% of those surveyed said a well-communicated benefits program would make them less likely to change jobs. And, 46% percent said their HR departments communicate too little about employee benefits.
The latest white paper from Aflac the"New Normal" report addresses this issue about using benefits to keep employees satisfied and on the job, and provides insights into the latest employee benefit trends and highlights challenges businesses are facing in this new economic landscape.
We here at bizologie always tout associations for sources of information, but also check out company sites for industry statistics and any studies they may publish for public consumption. Yes, it may have some bias, but it also provides some excellent free market research!
It’s 2012, we’re back, and we mean business! Well actually, we mean business no matter the year, so what better way to start 2012 than with one of the most fundamental business research tools: The Business Source Complete Database, or BSC as well affectionately call it. BSC is just one subject-specific database from a vendor named EBSCO, and EBSCO’s full repertoire of subject databases spans practically every major field of study. I looked up EBSCO in its own database (not unlike Googling for Google) and the first result, an August 2011 Datamonitor360 report says EBSCO Publishing is, “the world’s most used for-fee internet research service.” EBSCO is so ubiquitous of a research tool that the odds of your local library having a BSC subscription are pretty good. (Public libraries may have several useful tools beyond BSC, e.g. Reference USA.) If they don’t, you might check with your local college/university and see if they allow guests to access their databases.
Simply put, we use BSC all the time for business research. While it might not be updated up-to-the-minute as some other databases like Factiva, its sheer breadth of scope spans a bit of everything: all manner of trade and popular news, industry reports, popular publications like Harvard Business Review, and scholarly articles. BSC is generally our second stop after Google.
Tips:
1. As a friendly reminder BSC is not Google; try searching with fewer keywords at the onset, and then limit your results.
2. If you’re doing research that spans multiple topics and your library/university has subscriptions to many EBSCO subject databases, you may see the Choose A Database button which lets you search across them.
We bizologie girls are home design junkies. We love house tours, HGTV, furniture shopping, and open houses. With a little help from our friends, we've painted our houses inside and out, backsplashed our kitchens, updated our landscaping, obsessed over any number of furniture choices and even remodeled our bathrooms. Here are a few sites we love for home design inspiration:
Gary Vaynerchuk of wine fame is now the guru of social media. If you are a Vayniac you may already know that Gary has taken the lessons he learned from building an online empire with WineLibrary.com and has published two books and started his own consulting firm, VaynerMedia, to help companies move into the future of business - social media. To Vaynerchuk it's actually the old way of doing things -- getting to know your customers and making a real connection. You know, like the neighborhood businesses of yore used to do. By forming a real relationship companies can humanize their brands. He says it's all based on using social media to listen to customers, not what most companies are doing now which is pushing information to customers and trying close the deal too quickly. Check out Vaynerchuk's interview with Piers Morgan about his new book, The Thank You Economy.
Happy Holidays from bizologie! We couldn't think of a better way to wish you the best this season than with an e-card from geoGreetings. Their slogan is "how geeks show they care." That is us! If you want to share the geeky love of Google maps and cool buildings with your friends and family it is super easy to make a card and send a link.
We'll be taking some time off so we'll see you in the new year!
Behold the humble candy cane. With no fat or cholesterol and containing only about 55 calories, it's a pretty great holiday treat. More than 1.8 billion of them will be made for the holiday season, easily beating out the 150 million chocolate Santas produced. National Candy Cane Day is celebrated on December 26th, of course, and consumers will spent about $200 million on candy canes during the holiday season. So, let's take a look at some ways to celebrate. Our friends at Pinterest have all things candy cane from recipes to decorations:
You're probably looking for a way to spruce up your holiday look for the office party. Why not candy cane eye shadow?
And after all that holiday shopping, not to mention a little stressful family time thrown in, you're probably going to be ready for a drink. The Four Seasons to the rescue with this recipe for a Candy Cane Cocktail:
1 candy cane, crushed, for garnish
2 ounces strawberry vodka
4 dashes white creme de menthe
2 1/2 ounces cranberry juice
Ice cubes
If you work for a technology company or do research on the tech industry, you will want to check out the 2011 IT Skills and Salary Report from TechRepublic. The report contains detailed salary information for over 100 popular certifications, salary breakdowns by state and region, comparison data from 2011 and 2010, which certificates command the highest salaries, satisfaction of IT professionals, and much more. When you sign up for the free report TechRepublic gives you instant access to:
When we think of the phrase executive compensation, the first thing that probably comes to mind is all things banking and corporate. Hence it's englightening to see the data compendium that one of the major trade-pubs for our nonprofit industry, The Chronicle of Higher Education, created when they trained a spotlight on the biggest fish in their university ponds- the presidents. We give them kudos for the sheer volume of research work. They found out how much these .edu CEOs make, plus how that salary compares to the average professor's compensation for that institution, plus what percentage that salary is of the total institutional budget, plus they repeated the process 519 times.
To see The Chronicle's impressive interactive infographic (try saying that five times fast) then follow this link to the chart, which also features a series of tabs that break universities down by category.
If you want to know whether the bigwig of your alma matter is in the 99% or 1% as it were, then we recommend purchasing a subscription to the Chronicle. To whet your appetite, here's a peek at the tip-top of that compensation list. (Tip: They culled this salary data from the Guidestar website, which we have also blogged about before here.)
In our continuing efforts to provide our readers with free business resources, this week we came across the Grocery Manufacturers Association. The GMA "is the voice of more than 300 leading food, beverage and consumer product companies." Their members include several well-known food and beverage companies like Coca-Cola, Conagra, Del Monte and Hormel. But also other members from other industries like logistics, research firms, retail stores and restaurants. You can see a complete list of their members here. GMA has several freely available research reports covering topics like Shopper Marketing, Logistics and Consumer Product Fraud. There's also a recent report entitled "Economic Impact of the U.S. Grocery Manufacturing Industry". This is a really great report that covers the economic impact down to specific industries like Grains, Sugars, Fruits & Vegetables, Dairy, etc. It also provides labor statistics like average incomes and "Value Added per Worker".
This month's Inc. magazine featured two plug-ins to help you with your PowerPoint presentations. These inexpensive plug-ins can pump up your presentations with design and teamwork. I'm really excited about LiveLoop. I am always working on presentations in teams and the LiveLoop plug-in allows unlimited number of people to to do real-time collaboration inside PowerPoint. Try it out for free, but after 3 presentations you'll pay $9 for unlimited saves. Let Professor Hans von Puppet tell you all about it!
After your one-millionth PowerPoint presentation it can be difficult to make it feel new and fresh. The VisualBee plug-in offers 150 templates to mix things up. You put in the text and then VisualBee does the design. It changes the fonts and colors and even adds images. About 50 of the templates are free but subscriptions start around $10 for access to more options.
One of our new favorite apps is EasyBib. If only it had been around when we were in grad school! EasyBib allows users to "create accurate MLA, APA, and Chicago style citations in seconds by scanning a book bar code or by typing the name of a book." Once you've scanned your book, you can either email it to yourself or upload it to EasyBib's bibliography management site.
EasyBib works with iPhone, iPod Touch and iPad, though their notes say it works best with iPhone 4. EasyBib is available free in the AppStore.
Factiva is a global information resource providing full-text access to top local, national and international newspapers - most notably, The Wall Street Journal. This one amazing resource contains over 8000 publications with content from 200 countries in 26 languages. Use the Simple Search to find articles on a topic or use the Search Builder option to create more in-depth searches by limiting to specific publications. You can also easily browse this week’s popular newspapers using the News Pages. This database is a subscription database, so check with your local library to see if you have online access with your library card or contact Factiva for an individual subscription. Check out this video tutorial to see how Factiva works:
...has been visually distributed in one awesomely massive chart, courtesy of Randall Munroe's profoundly entertaining & enlightening web comic XKCD. (That's your cue to bookmark it.) He says on the poster, "Nearly every amount has a cited source- when possible, a scholarly work or government publication," and- in a move that captures our librarian hearts- he offers a link to download the impressively long list of references here.
P.S. This is not a poster for perusing on your smartphone.
P.P.S. We hope you had a Thanksgiving holiday as happy and fullfeeling as ours!
If there are two things I love, it's Christmas, Charlie Brown and technology. Wait, that's three things. Just in time for the holidays, Loud Crow Interactive brings us this wonderful iPad app featuring "A Charlie Brown Christmas". It's a digital book featuring narration by Peter Robbins, the original voice of Charlie Brown. The app lets you decorate your own Charlie Brown Christmas tree, participate in the lights and display contest and features music and sound effects from the original television special. It's available in the App Store for $6.99. And judging by the promotional video, it looks like it just may be worth the money.
Everyone has seen the vents and rants on Facebook and Twitter but do customers really expect companies to respond? Are companies using these venues to answer complaints? eMarketer's recent articles When Consumers Tweet Complaints, Should Brands Respond? and How well Do Companies Respond to Complaints? look at the bigger picture of social media and marketing and how complaints online are being addressed or not. "According to customer experience research company Maritz Research, nearly half of consumers who tweeted a complaint directed toward a brand expected the company to respond—or at least to read their tweet. However, only a third of those consumers received a tweeted response from the mentioned brand." Interestingly, older customers 55+ expect a company to address their online complaints everytime. Younger customers and those more active on Twitter believed that companies would not respond. It seems they have they have lowered their expectations based on experience.
Companies should be paying more attention to their social media outlets and answering questions and complaints more often. "Consumers are overwhelmingly positive when brands take the time to actually respond to them on Twitter. The Maritz study indicates that 86% of Twitter complainers would have liked or loved to hear from the company regarding their complaints—and out of those who heard back, 75% were satisfied with the company’s response."
Obviously, complaints can help the company improve service but companies are also discovering that participating in this type of online conversation can help build relationships with customers. For instance Virgin Airlines tries to respond to every question or complaint tweet @VirginAmerica. Abby Lunardini, vice president of corporate communications, told eMarketer in a September 26, 2011, interview that customers were surprised to learn that someone in the airline industry was listening and responding to the online chatter and she believes that the engagement is improving service and leading to customer loyalty with more customers choosing to fly Virgin Airlines again.
Check out this interesting video from Mint.com, which shows how much money people spend on food and dining each month. Their information is gathered from anonymous Mint users. Some of the facts about money spent in specific areas goes by pretty quick, but it's an interesting visual of how it all adds up.
While the bizologie authors all exhibit a weakness for Coach handbags, this entry is not a game of guess your clients’ income by who’s not wearing a fake. Recently I had an excellent interaction in a Coach boutique which I visited to exchange a bag, and the sales associates referenced an online consumer forum multiple times during my time there, e.g. “Oh I think the talked about this color on The Purse Forum. They’re major enthusiasts on The Purse Forum. They’re way ahead of the game on The Purse Forum”. This intrigued me, so the next day I visited TPF and found a market research gold mine. Now when most people use the term gold mine, they mean “everything I wanted in one spot.” That’s more likely the other gold analogy, the one involving pots and rainbows. TPF, in terms of business research, comes across as a literal gold mine, with a lot of nonrelevant (to business researchers that is) information to be found throughout, and the occasional vein of free-focus-group-qualitative-information-gold. These are serious Coach connoisseurs who are not only giving impromptu product reviews, but also candidly answering topics like: “Do you no longer like Coach? If, so, then why?” (Answer: Lots of them move on to higher price point brands like Hermes or LV). Or, “For those who own more than a handful of Coach bags, why do you buy? (Answer: Thrill of the hunt; they often re-sell their stash on ebay and purchase their new must have).
Obviously one could create an account, insinuate themselves into the forum’s culture, and ask incognito questions. And obviously the Coach employees are monitoring TPF, which begs the question of precisely who starts some of these more probing threads. Hence TPF (which also discusses scads of other handbag brands and other luxury goods) and other comparable consumer forums are definitely something to consider for people doing qualitative-type business research, especially for the aforementioned luxury/consumer goods. So long as the researcher is respectful of that community’s enthusiasm and expertise, they might find themselves a gold nugget or two.
If you've never used IDC before, it's a great database for keeping up with market intelligence for the IT world. Unfortunately, it's pretty expensive so your organization may not have access. However, lots of IDC analysts are on Twitter and following them can still help keep you in the loop for anything from Big Data to Social Media to Apps. You can follow specific IDC analysts or industries or even different countries.
The Energy Management and Innovation Center in the McCombs School of Business at The University of Texas at Austin recently released their first Energy Poll. The groundbreaking poll measures and reports on consumer opinions and attitudes toward energy consumption, pricing, development and regulation. This look at public perspectives on energy can be used to inform and guide discussion, business planning and policy development. According to the Texas Enterprise "mapping how attitudes change over time is part of EMIC’s vision for the poll. It plans to repeat the survey every six months... [and] will use some of the answers to generate an 'energy sentiment index' — a single number to sum up consumer confidence about energy."
Findings from the first report show that respondents aren't feeling very optimistic about energy policy. A whopping 43% feel like we are moving in the wrong direction when it comes to energy issues that face our nation. And, 41% expect the situation to get even worse in the next 25 years. Consumers are most concerned about consumption of foreign oil, improving energy efficiency, and developing renewable energy. The good news is that the overwhelming majority of consumers (80%) are interested in learning more about how to conserve energy in their own homes. Many of them are planning on making changes in the next 5 years. Just over 30% plan to use "smart meters" and/or buy a hybrid car. A surprising 21% even plan to install solar panels in the same time frame.