CHAPTER ONE
Finance and theHR Professional
A Crucial Competency
Key Topics Covered in This Chapter
•Why finance literacy is important for HR professionals
•How HR professionals can provide valuable guidance or assistance on financial issues for their company
IF YOU FIND BALANCE SHEETS, income statements, ratio analysis, and other financial concepts intimidating, you’re not alone. Many HR and other “nonfinancial” professionals feel the same way. But as business grows ever more competitive, managers and employees from every function within organizations must deepen their understanding of basic financial concepts. Why? The more you know about how your company makes money and delivers value to customers and shareholders, the more you can identify ...
Get Financial Planning, Budgeting, and Forecasting: Financial Intelligence Collection (7 Books) now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
