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Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean (精装)
by Karen Berman , Joe Knight , John Case
| Category:
Finance for non-financial decision-makers |
| Market price: ¥ 268.00
MSL price:
¥ 248.00
[ Shop incentives ]
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| Stock:
Pre-order item, lead time 3-7 weeks upon payment [ COD term does not apply to pre-order items ] |
MSL rating:
 Good for Gifts |
| MSL Pointer Review:
This great book tells managers how to use financial data to make decisions, and how to select and apply the right analytical tools and resources for the decision-making process. |
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AllReviews |
1 Total 1 pages 8 items |
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Corn (MSL quote), USA
<2007-06-18 00:00>
What I particularly liked about this book was how the author revealed that knowing the basics of finance is just a start. What is often not covered is how to deal with the areas that can't be so easily quanitifed -and, when push comes to shove, have to be estimated and/or assumed.
In short, there is a certain amount of judgment that goes into many income statements and balance sheets. Author Joe Knight gives valuable tips on recognizing and understanding potential biases in financial information and advises readers how to correct for them... or even challenge them.
Those who know the basics will find a lot they've read before but knowing the basics is not the same as having true financial literacy, the kind that makes the difference between knowing what is on paper and being able to "read between the lines."
Nonfinancial managers will gain a new understanding of how to build their company's success, with solid financials.
What I particularly liked were the real stories from actual companies, proving that this book is not mere theory but actual, tested information. It is also written in a very, very accessible style. You won't need a distionary to get through it. |
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Scott (MSL quote), USA
<2007-06-18 00:00>
I've worked within the organizational structure of large corporations for years as a middle manager and reviewed reams of financial reports. Since my educational background leans more towards liberal arts than mathematical, I've always relied upon the expertise of financial professionals to make sense of the various ways the corporation has sliced and diced its financial data. As the conclusions drawn from the financial reports were generally used to evaluate my performance--or the performance of my staff--I was often left arguing with the accountants over assumptions used in the financial methodology. Unfortunately, the playing field was not level and it generally ended in frustration on my part. Now I have leveled the playing field.
After reading this book, I have a deeper understanding of the assumptions underlying the financial reports used in my company. I also have a greater knowledge base to draw from when suggesting revisions to the data analysis or spreadsheet methodology promoted by the accounting department. I have read a few financial books throughout my career and they generally have served as a great nonpharmaceutical sleep aid. This book is different. It is written in a clear, concise style that uses common examples to provide context to the financial statements and principles being explained. It makes sense to someone like me and I found it an easy read. Kudos to the authors and now I'd like to learn more about their concept of a money map. |
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Myer (MSL quote), USA
<2007-06-18 00:00>
As the COO of a medium sized company I have been looking for an effective way to help my non-financial department managers to more fully participate in the budgeting and planning process. I like the way that "Financial Intelligence" explains advanced financial concepts in an easy to understand way using real business examples, without "talking down" to the reader.
This book covers all of the basics of financial management but it breaks new ground by putting real financial analysis tools into the hands of every manager. We will be using this book as part of our yearly budgeting and strategy process with our entire management team. |
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Miller (MSL quote), USA
<2007-06-18 00:00>
As an entrepreneur, I've found that it's just as important to understand the numbers as it is to understand my business' products and services. Yet, as a person with limited financial training, grasping the intricacies of money management has often seemed daunting.
"Financial Intelligence" is a first of its kind. It provides real clarity to the mysteries of finance in a practical, readable format. Thanks to this book, I not only "get it," but I now have the tools I need to translate knowledge into positive financial results.
For any business person committed to making his or her operations successful, this book is a must have and a must read. |
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Clark (MSL quote), USA
<2007-06-18 00:00>
Are you in management or do you want to be in management? If the answer is yes, then this book is a must for your career. The information here is extremely powerful and the authors did an outstanding job of making it simple to understand. If you have ever wondered why senior management would not fund a project when the company is having a record profit month, Berman will explain why this maybe the best choice. Throughout the very palatable training there are fascinating examples from the newspaper headlines (Enron/Worldcom/...) of what these headliners did with their finances that was wrong but was overlooked for some time. This is not just what the definitions are but that they mean.
Okay if you have a Business Degree you should know this but you need your coworkers to know this to really help your company win. You can try to educate each of your coworkers for years or just give them a copy of this book. Your company/team will be more unified and focused.
I presented this book to my senior management requesting that the company buy a copy for every one in leadership. I am looking forward to rereading this book and I strongly recommend you buy this book. Financial Intelligence will help our careers. |
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Barry (MSL quote), USA
<2007-06-18 00:00>
Probably the most important book that a manager can read. It demystifies the "art" of finance. It brings finance's secret language back to simple English. Great for techies who are part of the overhead. |
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Epstein (MSL quote), USA
<2007-06-18 00:00>
I recommend this book to all of my clients and students. It explains complex concepts in clear and precise real-world language for both financial and non-financial managers. |
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Green (MSL quote), USA
<2007-06-18 00:00>
Helpful to managers to give them insight into where accountants are projecting and where hard numbers are coming from. You are able to see sources of manipulation. |
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1 Total 1 pages 8 items |
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