Book description
Using the groundbreaking formula they introduced in their book Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean, Karen Berman and Joe Knight present the essentials of finance specifically for HR experts.
Drawing on their work training tens of thousands of managers and employees at leading organizations worldwide, the authors provide a deep understanding of the basics of financial management and measurement, along with hands-on activities to practice what you are reading. You'll discover:
· Why the assumptions behind financial data matter
· What your company's income statement, balance sheet, and cash flow statement really reveal
· Which financials may be needed when you're developing a human capital strategy
· How to calculate return on investment
· Ways to use financial information to better support your business units and do your own job
· How to instill financial intelligence throughout your team
Authoritative and accessible, Financial Intelligence for HR Professionals, empowers you to "talk numbers" confidently with your boss, colleagues, and direct reports -- and understand how the financials impact your part of the business.
Table of contents
- Title Page
- Copyright Page
- Dedication
- Table of Contents
- PREFACE
- Part One - The Art of Finance (and Why It Matters to HR)
- Part Two - The (Many) Peculiarities of the Income Statement
- Part Three - The Balance Sheet Reveals the Most
- Part Four - Cash Is King
- Part Five - Ratios: Learning What the Numbers Are Really Telling You
- Part Six - How to Calculate (and Really Understand) Return on Investment
- Part Seven - Applied Financial Intelligence: Working Capital Management
- Part Eight - Creating a Financially Intelligent HR Department (and Organization)
- APPENDIX A - Sample Financials
- APPENDIX B - Exercises to Build Your Financial Intelligence
- APPENDIX C - Kimberly-Clark and FedEx
- NOTES
- ACKNOWLEDGMENTS
- INDEX
- ABOUT THE AUTHORS
Product information
- Title: Financial Intelligence for HR Professionals: What You Really Need to Know About the Numbers
- Author(s):
- Release date: April 2008
- Publisher(s): Harvard Business Review Press
- ISBN: 9781422119136
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