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  • Karen Berman: Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean

    Karen Berman: Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean

  • Harvard University Press: Financial Intelligence
    CFO.com "It's like The Elements of Style of finance." Book Description Understanding the Financials—and What Lies Behind Them Managers in every business are expected to use financial data to make decisions, allocate resources, and budget expenses. But the truth is, many are uncomfortable applying the most basic financial tools in their day-to-day work. Even managers who consider themselves financially savvy may not understand what goes into a financial statement, and so may take the numbers as gospel when they should be questioning them. In Financial Intelligence, Karen Berman and Joe Knight present the essentials of finance, but with an extra dimension. Succinct, easy-to-read chapters teach the fundamentals in a way that everyone can understand and put to work right away. But the authors also take you behind the scenes, to show where the numbers come from. Since nobody can quantify everything, accountants and finance executives always rely on estimates, assumptions, and judgment calls, which can skew the numbers in one direction or another. This book helps you recognize and understand those biases, challenge or correct for them when necessary, and use this information to be a better manager. Based on their work training tens of thousands of managers and employees at many leading organizations, Berman and Knight provide readers with a deep understanding of: The basics of financial measurement: reading income statements, balance sheets, cash flow statements, and moreThe art of finance: separating hard data from assumptions and estimatesThe mechanics of analysis: calculating ratios, return on investment, and working capitalCash and profit: knowing the difference between them, and why cash is suddenly the "hot" number in corporate boardrooms and on Wall StreetFinancial literacy and transparency: recognizing how they can boost performance Accessible, jargon-free, and filled with entertaining stories from real companies, Financial Intelligence will help nonfinancial managers add substantially more to their companies’—and their own—success. If you have ever wanted to "talk numbers" confidently with your colleagues, this is the book for you. (*****)
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Tuesday, January 27, 2004

Food

Recently, I have been interested in fine dining.

Most of us love food. Its an allround basic necessity for all. How does one specialise in fine dining?

Hotel's are famous for exotic fine foods. 5 Star hotels usually have the best expertise in preparing one of many exquisite meals for their guests.

How does one learn to be good at this subject?

Hotel Management.

There are numerous hotel management schools around the globe. Most providing education and training for people whom want to be hotelliers.

What if one just wants to have fun in a University environment?

The choice is Hotel Management for me.

You'll be surprised at what you can learn an pick up after completing an MBA in Hospitality Management.

The course is a general MBA degree with specialisation in areas of Accounting, Marketing, Finance, Human Resource Management and the rest.

As an option to the best business schools in the world such as Wharton, I honestly think that Hotel Management Schools offer the next best MBA.

After all, we all love food.

Don't we?


ZARIQUE.

Posted by MZZ on Tuesday, January 27, 2004 at 05:45 AM in Travel |

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Comments

MzMin

Perhaps.. but it is rather specialised isnt it.. which is why perhaps its not such a popular option :)

Posted by: MzMin | Tuesday, January 27, 2004 at 12:35 PM

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