| For the 2006-2007 Academic Year |
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| Event 06 Summary - April 21, 2007 |
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| Transitions: Successfully Making the Move from College to Career |
| Presented by McDonald's Corporation |
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| Dear ACMP Mentors, Mentees, ALPFA Students, and Program Guests: |
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| Thank you for attending the sixth event of the ALPFA Chicago Mentorship Program this past Saturday, April 21st, at the office campus of McDonald's Corporation. During this event, we gained insight into the operations of and work life at McDonald's Corporation; including a presentation on how McDonald's earns its money: Revenue or "Burger" Profits from owner-operated restaurants, revenues from franchised restaurants sales, and revenues from franchised restaurants real estate. Additionally, I would like to thank our speakers, who did a wonderful job describing what they do for McDonald's, why they enjoy working there, and for sharing their tips on transitioning from college life to a professional career: |
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- Keith Kravcik, McDonald's US VP Controller (McDonald's Leadership)
- Tery Delgado, McDonald's Director of Finance Latin America (McDonald's Leadership)
- Rudy Robles, McDonald's Manager US Controller Group (Evaluation of Job Offer)
- Rene Torres, McDonald's Financial Analyst Corporate Controller Group (Transition)
- Carmen Ziegler, McDonald's Manager Real Estate Accounting (Corporate Networks)
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| From my presentation on Salary Negotiations, I hope you remember the following summary points to help you avoid bad "Negotiation Table" etiquette: |
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- Do Your Homework - Quantify your value to your organization; find a reliable way to determine a basis
- Know Your Needs And Wants - Make sure that you align your compensation expectations with the market rate for your skill set and career aspirations; learn to express your personal value-proposition in real terms ("Shout it Out!")
- Learn A Methodology… - Devise a strategy to effectively describe your contributions to your organization ("Portfolio of Accomplishments")
- Know Your Options & Ask, Ask, Ask - Never be afraid to "feel out" your options when it comes to compensation negotiations; you'd be surprised at what you can gain, aside from your fixed cash compensation, if your willing to ask for it
- Always Negotiate In Person - Negotiate in person to achieve the best results; it allows you to read the expressions of the other person
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Kindest Regards,
Jovan N. Cruz | CPA, CFE
ALPFA Chicago: Director of Student Affairs
Mentorship Program Project Manager
Victor Hugo Celis, PMP
Mentorship Program Project Advisor
E-mail: studentinfo@chicago.alpfa.org |
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