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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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Wednesday, August 11, 2004

Players and Posers & wants

Well, don't we just love life? everybody is your friend till they turn to *posing*

People whom support you on daily basis are really the ones that count. Take a deep breath and carefully select the people whom you mostly love. How many did you get?

There is a clear difference and precise distinction of the wants you have in your mind whilst your under control and whilst your not.

More often than rather, we concentrate on the wants we can't have - (this would clearly be the wants in our minds whilst under control )

To soludify this, 'one' can go exercising and sweat your mind out, alternatively a couple of hours at your local club will do the trick.

Most importantly, the point to be taken is to take action on the wants you have in your mind today - and do something about it. Just decide on what you really desire most.

Most of us can't seem to break this barrier, but hey we've got a lifetime ahead of us..

ZZ.

Posted by MZZ on Wednesday, August 11, 2004 at 01:34 PM in Weblogs |

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Comments

Kurt Daniel

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http://www.cnn.com/2000/ALLPOLITICS/stories/05/15/latimes.school/ >latimes.com Whether Bush or Gore, president will be a player in school reform
http://www.projectexchange.com/

Posted by: Kurt Daniel | Wednesday, March 26, 2008 at 05:01 AM

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