Annual
reports provide useful information to researchers,
as long as you know what to look for and how
to interpret what you find.
Kim
Bradshaw and
Bill Elliott, from
TD
Waterhouse, gave
a presentation to an audience of twenty-five
people for the SLA WCC at
ICBC on January
18, 2005 on the fundamentals
of reading and interpreting annual reports, along
with useful web tools.
The presentation
focused on the investor's perspective: evaluating
companies using fundamental analysis methods
to read the financial statements (i.e.
balance sheet, income statement, and cash
flow statement); applying various ratios
to measure the past performance of a particular
company; and then comparing it to its competitors.
Key ratios included Earnings Per Share (EPS),
Price Earning Ratio (PE Ratio), Return on Equity
ROE), Trend Over Time, and Debt to Equity Ratio.Recommended
web tools to assist you in navigating terms,
ratios, and company information include:
Jenny
Fry is an Information Analyst
with Business Intelligence and Customer Research
at ICBC.
Measuring Impact: Cost Justification for Information
Services
By Chris McBratney.
On
February 16th the SLA WCC presented a discussion
entitled "Defining the Impact of
Information Services: Cost Justificaton for
Information Services". Approximately 25 people
attended, a mixture of professionals
and MLIS students. The
discussion was presented by Heidi
Porth,
an MLIS consultant and Dialog representative.
The
discussion focused on different strategies
to ensure that a special library is able to justify and
quantify its cost-effectiveness. The
discussion took into account the financial
benefits of having an Information Resource
Centre(IRC), especially how it can add value
to several different departments and help
coordinate and consolidate information costs
for the company as a whole. The strategy
of creating a strong
impact statement that helps define the IRC
was also discussed, as well as methods of
cost-justification. Throughout
the event, there was a healthy interaction
between the speaker and the audience that
ensured that listener experience complimented
the instructional discussion.
Chris
McBratney is a MLIS Candidate graduating
in Spring 2005 and works at the UBC
Biomedical Branch Library.
Managing Leadership: Yours and Those
You Lead
By Nick
Collings.
Ethel Salonen, SLA President,
gave an
inspired and entertaining talk on leadership
to a large audience of about 60 people at the
SLA WCC meeting at the Terminal City Club in downtown
Vancouver on Monday, March 7. She began by breaking
the popular and narrow definition of leadership
as simply ‘leading
other people’ and
expanded it to include managing yourself and
managing situations and resources, among other
aspects. Everyone can be a leader; you do not
need to be managing people to lead. She then
reviewed her favourite books on leadership,
some well-known and some ‘odd-ball’ones
which revealed a few of her other, non-library
interests. The books were:
- Towery, Twyman L. The Wisdom of Wolves.
1997, Sourcebooks Inc., 143 pages.
Ethel has a passion for America’s
national parks and found some useful
insights in the way wolves work as a
team.
- Roberts, Wess and Bill Ross. Leadership
Lessons from Star Trek: the Next Generation – Make
It So. 1995, Pocket Books, 242 pages.
Yes, Ethel is a ‘Trekkie’!
She sees Gene Roddenberry as a visionary
of his time and notes that many of the ‘Next
Generation’ screenplays deal with
leadership issues.
- Pearce, Terry. Leading Out Loud: the
Authentic Speaker, the Credible Leader.
1995, Jossey-Bass, 174 pages.
Terry Pearce’s book deals
with the leader as a communicator,
particularly through speech.
- Pyham, William C. (with Jeff Cox). Zapp!
The Lightning of Empowerment. 1988,
Ballentine Books, 197 pages.
This book is told as
a fable about the troubles
and triumphs of workers
in some make-believe departments.
- Gladwell, Malcolm. The Tipping Point:
How Little Things Can Make a Big Difference.
2002, Little, Brown and Company, 301 pages.
“a tipping point is that moment
in an epidemic when it reaches a critical
mass … and starts to take off”.
This book deals with how a leader can
grasp a situation to create change.
- Gladwell, Malcolm. Blink: the Power
of Thinking Without Thinking. 2005,
Little, Brown and Company, 277 pages.
This is a new book that Ethel is still
reading, but she was clearly intrigued
by its provocative suggestion of making
decisions on gut instinct.
Door prize winners: 5 winners, all drawn by
previous SLA WCC presidents or by Ethel Salonen.
Winners received a Lexis-Nexis umbrella. They
were: Marnie King (VANOC); Julie
Douglas (Vancouver Public Library), Claire
Thomson (Placer Dome Inc.), Hanna
Ruotsalainen (UBC MLIS candidate), and Anneliese
Bungert (Justice Canada).
Nick Collings is an Information Analyst
with the Customer Services division of ICBC.
SLA Spring Social 2005
By Mary-Ann
Rajkovich.
On Friday April 15th, approximately 20 brave
people ventured out into the torrential Vancouver
rains to socialize and network at the SLA Spring
Social hosted by SLA WCC and SLA@SLAIS at
the Yaletown Brewery. The weather certainly
didn’t
dampen any spirits and the evening proved to
be an excellent opportunity to wish our future
fellow colleagues from SLAIS the best of luck!
SLA WCC thanks this year's program sponsors Micromedia
Proquest, Lexis Nexis, and Thomson ISI.
Mary-Ann
Rajkovich is at the Research and Knowledge Center
with Canada Border Services Agency.
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