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Financial Intelligence for HR Professionals: What You Really Need to Know About the Numbers

Domain Name Com's - : Financial Intelligence for HR Professionals: What You Really Need to Know About the Numbers


  


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Binding: Paperback
Dewey Decimal Number: 658.150886583
EAN: 9781422119136
ISBN: 1422119130
Label: Harvard Business School Press
Manufacturer: Harvard Business School Press
Number Of Items: 1
Number Of Pages: 256
Publication Date: April 22, 2008
Publisher: Harvard Business School Press
Sales Rank: 381723
Studio: Harvard Business School Press




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Editorial Review:

Product Description:
As an HR manager, you're expected to use financial data to make decisions, allocate resources, and budget expenses. But if you're like many human resource practitioners, you may feel uncertain or uncomfortable incorporating financial numbers into your day-to-day work.

In Financial Intelligence for HR Professionals, Karen Berman and Joe Knight tailor the groundbreaking work they introduced in their book Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean to 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, Berman and Knight provide you with 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

· How to use ratios to assess your company's financial health

· How to calculate return on investment

· Ways to use financial information to support your business units and do your own job better

· How to instill financial intelligence throughout your team

Authoritative and accessible, this book empowers you to "talk numbers" confidently with your boss, colleagues, and direct reports--and with the finance department.



Customer Reviews
Average Rating:  out of 5 stars

Rating: 5 out of 5 stars - A lucid and acessible exposition on financial intelligence
Berman and Knight have done the impossible - make finance clear, interesting, even fun! Finance is not one of my favorite topics. I typically nod off when engaged in finance-related conversations or sitting in yet another, interminable budget meeting. But I actually found myself looking forward to picking up this book, whenever I had time to read, for yet another discussion of balance sheets, profitability ratios, and yes, my personal favorite, EBITs.

I wish I had this book years ago. ... Read More



Rating: 5 out of 5 stars - Exceptional tool for HR Professionals
This excellent book gives HR professionals the keys to the corporate kingdom. I have been coaching Human Resource professionals for twenty years and this is the first book I have ever personally recommended to all my current clients whether they are SVPs, Directors, Mgrs or students.

HR is too often viewed as only having a policy and procedure role focusing mainly on compliance and legal issues. It is viewed as a support function and has little influence in the overall strategy of the ... Read More



Rating: 5 out of 5 stars - Every HR professional MUST read this book!
As a human resources professional, I've noticed that my peers are often uncomfortable reading, let alone understanding, financial statements. Yet, to be a strategic business partner, we must not only be conversant in company financials, we must understand the implications of the numbers. In this book, Berman and Knight have done an unprecedented job in explaining the unfathomable world of income statements, balance sheets, and ratios, so that HR professionals can come to the table not only informed, but ... Read More



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