bby finance recruiting presentation 012810 fulltime web event
TRANSCRIPT
Our Company
Fortune 100 Company With Humble Beginnings
Video
~$175 B
~$160 B
~$80 B
~$17 B
NewCo < 3% Share
BBY ~ 21% Share
Dual Brand ~ 1% Share
Dual Brand ~ 35% Share
Our Company
Global Market Opportunity
Car Phone Warehouse < 3% Share
Best Buy Co., Inc. ~22% Share
Best Buy Co., Inc. and Five Star ~1% Share
Best Buy Co., Inc. and Future Shop ~35% Share
Our Passion
People, Technology and the Pursuit of Happiness.
Video
• Most Affordable Place to Live Well, Best City for Young
Professionals, Fittest City
• 20 Fortune 500 Companies
– Minnesota ranks 9th among states in Fortune 500 company
headquarters
– General Mills, Medtronic, United Health Group, 3M, Target, US Bancorp,
St Paul Co., Land O Lakes, Super Valu, etc.
• Culture
– Restaurants, Theater, Art Museums, Philanthropy
• Outdoor Activities
– Lakes, Walking/Biking Trails, Parks, Fishing, Boating, Hiking
• Sports
– 4 major sports teams, new Twins baseball stadium, New Univ of MN
football stadium, superior public golf courses
• Families
– Beautiful suburbs, highly rated school systems, shopping, city living
Our Community
Minneapolis/Saint Paul
Our Culture
How Would You Describe It?
.
• AT Kearney recently studied our company and
described our culture as:
– Focused on growth
– Committed to employee experience
– Pragmatic
– Team oriented
– Results driven
– Fast react times
– Trend setter
Our Campus
The Hub of Activity
• Leadership Institute
• Expansive Cafeteria
• New Horizon child care
• Minute Clinic
• Fitness center
• Caribou coffee shop
• US Bank
• Basketball/volleyball courts
• Putting green
• Walking paths
• Gaming area
• Concerts
• On site services
– Dry cleaning, drivers licenses,
passports, shoe repair, oil change,
car detailing, etc.
Our People
Success Characteristics
• Passion for our customers—and the undeniable role that our
employees play in serving them
• Strong business acumen—interested in understanding the
underlying business model (in total or in a specific project)
• Partnership mentality—curiosity to learn and to teach
• Innate financial acumen—with the wherewithal to integrate that
skill cross-functionally
• Willingness to fight for the things that are worth fighting for—you
need to have an opinion
• An appetite for change—we aren’t building airplanes
Your Career
The Beginning
Initial Finance Rotation
Business Analysis
• Prepare business case for
electric cars
• Recommend strategy for
new laptop leasing
program
• Forecast profitability of
professional camera
business model
• Model Appliance supply
chain enhancements and
strategic business model
changes
Planning & Analysis
• Manage short-term P&L
and cash flow scenarios to
facilitate management
tradeoff
• Enable 5-year strategic
plan with portfolio
analysis and stock
valuations (e.g. EVA, DCF,
etc.)
• Utilize external
benchmarks to predict,
and evaluate, our
business performance
Business Team Support
• Develop business model
for custom installed home
theater products
• Develop strategy to
monetize digital content
and services
• Analyze strategic pricing
policy changes
• Develop strategies to
improve Geek Squad
operational ROI
• Analyze the effectiveness
of our Reward Zone
loyalty program
Your Career
Senior Financial Analyst Testimonials
• Craig Sells
• Current Role at BBY: Business Analysis Team
• Tenure with BBY: 6 months
• Margot Marsh
• Current Role at BBY: Business Analysis Team
• Tenure with BBY: 5 months
• James Douglas
• Current Role at BBY: Business Team Support
• Tenure with BBY: 1 month
For additional SFA role info, visit the www.bestbuyfinanceblog.com and check out ―videos‖
Your Career
Career Paths
Business Analysis
Financial Planning & Analysis
Business Team Support
Business Team
Marketing
Merchandising
Business Strategy
Demand Planning
Corporate Finance
Business Analysis
FP&A
Business Team Support
Finance Mastery
Treasury
Tax
Corporate Development
Investor Relations
Key Dates
• Webinar events
– Jan 28th: Full-time
– Jan 29th: Intern
• Full-time postings close on February 5th
• First round interviews
– Feb 1st – 12th
• Second round interviews – Corporate Campus visit
– Feb 25th - 26th
What’s Next?
• Reach out to your school’s captain or any recruiting team members
with your questions (see blog Who Are We)
• Interact with us on the blog via the Feedback tab, FB page, or on
• Learn as much as you can about who we are…then…
• Apply online at the Best Buy Career Center