HBR 20-Minute Manager Boxed Set (10 Books) (HBR 20-Minute Manager Series)

9

Navigating the Three Major

Financial Statements

T

he underlying purpose of every company is

to make money. So if you’re a manager, part

of your job is to help your company earn a

profi t—ideally, a bigger one each year.

Of course, you may work in the nonprofi t or gov-

ernment sector, where making money isn’t the most

important goal. But you will still have to monitor the

money that comes in and goes out.

Wherever you work, you can improve the fi nancial

health of your organization by reducing costs, increas-

ing revenue, or both. You can help the organization

make good investments and use its resources wisely.

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