difficult topic a difficult situation that the company is facing you for sure it would be important for your senior leadership for your partners to be aware of what's currently going on at the client and this can be a little piece of enabling that next tip is to read the annual report of that company so if you're not a rare annual report there's a report that every publicly traded company needs to release once per year at least in most countries where they give an overview about their business activities their financials their strategy it's really super insightful in a great source of information you can usually find annual reports in the investor relations section of the company's website or if you just google annual report plus the company name usually will directly pop up information that's typically included in these reports are information on the overall company strategy some key business results that were achieved future focus initiatives what the company wants to accomplish in the future and report on industry trends and business risks that the company is facing information on personnel and also remuneration of these people and also basic financials such as profit and loss statement cash flow statement balance sheet and often also all types of other performer ratios these reports are usually extremely detailed and really a great source of information also with infos on competitors on overarching industry trends so definitely something that can inspire many other types of analysis that you also do next is a tip which is maybe the most insightful one and can give you access to information which is not that easily found for instance i'm just googling certain things but before we dig into this let me introduce you to the sponsor of this week's video data camp datacamp is an online learning platform where you can improve your data analysis skills you know that this is something i talk about all the time this is really a crucial part of your skill set if you want to succeed in any consulting role and i trust in many roads in industry and for sure in banking as well with datacam there are no previous data skills needed to get started you can learn from things as basic as xlNUMBER_TOKEN to more advanced technical things like for instance database manipulation and sql so for sure if the things that i show you here in this video are over your head you really have no idea what this is all about there are some also very introductory courses on excel in data camp which i trust can help you they have over NUMBER_TOKEN courses with interactive learning and you can also learn on the go with the mobile app that they have personally i very much liked the introduction to sql course which already helped me several times on my own projects when i needed to interact with databases so give it a try and i trust that working with data camp indeed can fast track your data analysis skills and these for sure are so crucial in any consulting role but also many other related roads as well so if this peaked your interest and you would like to try out datacam then invest in yourself check out datacam via the link in the video description and you will get access to the first chapter of every single course for free but let's continue and as i said the next tip i find especially insightful and this is leveraging local business registers because while annual reports are great they're often only available really for the largest publicly traded publicly listed companies but even for the smaller ones many of them need to release business information on a regular basis and this is exactly what you can get access on on these local business registers these registers will have different names in different countries in germany for instance it's the bundesan saga usually if
START_SPONSOR_TOKEN things but before we dig into this let me introduce you to the sponsor of this week's video data camp datacamp is an online learning platform where you can improve your data analysis skills you know that this is something i talk about all the time this is really a crucial part of your skill set if you want to succeed in any consulting role and i trust in many roads in industry and for sure in banking as well with datacam there are no previous data skills needed to get started you can learn from things as basic as xlNUMBER_TOKEN to more advanced technical things like for instance database manipulation and sql so for sure if the things that i show you here in this video are over your head you really have no idea what this is all about there are some also very introductory courses on excel in data camp which i trust can help you they have over NUMBER_TOKEN courses with interactive learning and you can also learn on the go with the mobile app that they have personally i very much liked the introduction to sql course which already helped me several times on my own projects when i needed to interact with databases so give it a try and i trust that working with data camp indeed can fast track your data analysis skills and these for sure are so crucial in any consulting role but also many other related roads as well so if this peaked your interest and you would like to try out datacam then invest in yourself check out datacam via the link in the video description and you will get access to the first chapter of every single course END_SPONSOR_TOKEN