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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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Member since 09/2003

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Friday, June 24, 2005

Reminiscing 2003

Have you ever had that feeling with career progression and actually find out that you've gone one full circle despite being in different companies? I feel as if the work is still ongoing from my second job posting. Perhaps we all share the same logic? We may work for 100 companies before we retire, but the goal is the same.

The Malay society needs a lot of support. We need to stick together.

One apparent innovative initiative that I've discussed with a few friends is for us to use platforms we have access to and design our own programmes for the younger generation to benefit. Simply to say that we share our life experiences together so that the future generation not only understands the 'how to's ' but contribute massively to the population at large. There is approximate 10 million workers in our system, surely a major portion of this accounts for the young.

Therefore let's all build more alliances and more importantly be tolerant of each other. The human mindset is a complicated subject, it helps to respect each other for what we are and not where we come from. The more different mindset of friends we have, the better chance of understanding and solving problems is met.

I use to think that certain circles in society reserve the right to be different and seperate themselves from the general public. Doing this only successfully brings all of us, apart.

In the end we all lose out. Let's not.

DZ.

Posted by DSS on Friday, June 24, 2005 at 02:24 PM in Current Affairs | | Comments (0) | TrackBack (0)

Wednesday, June 01, 2005

To the Future

Its summer allright. Yazmin has finished her final exams, thank god! Come on' a little humour people.

My sistah is still facing her final exams. I have all the hope in her to do better than me at Uni, now that's not too hard is it sis?

After all, you have all the help in the world at your fingertips. A. J? to lawyers.

Previously, in the chapters of my life - I use to see beauty in one manor. Tonight I see my own colour. The best kind of relationships are with your very own.

There's nothing really missing in my life at the moment, although many would argue against. Cest La Vie.

DZ

Posted by DSS on Wednesday, June 01, 2005 at 05:46 PM | | Comments (0) | TrackBack (0)