Monday November 23, 2009 06:48
Finance: What Managers Need to Know
Posted by Business Plan as Finance
Joe Knight, coauthor of the Financial Intelligence series, gives you a crash course in reading the numbers.
Related posts:
Monday November 23, 2009 06:48
Posted by Business Plan as Finance
Joe Knight, coauthor of the Financial Intelligence series, gives you a crash course in reading the numbers.
Related posts:
14 Responses to Finance: What Managers Need to Know
13dankster
November 23rd, 2009 at 7:25 am
You obviously haven’t read the book. If you think every “upper management” person understands finance you are a newbie in the business world. There are dozens of fortune 100 companies that hire Joe to teach their management teams these principles so apparently there is a need for it.
Kellysayshello
November 23rd, 2009 at 8:07 am
13dankster, everything he talks about are basic principles taught in first-year business school. How can “upper management” not already know all of this??? What type of business are you in where the so-called “upper management” is so uneducated?
razryan
November 23rd, 2009 at 8:09 am
good vid. insightful.
id bang her, too.
randimapss
November 23rd, 2009 at 8:15 am
Really helpful tips…. the way he present, even better;-)
marcberron21
November 23rd, 2009 at 9:14 am
ja naja geht auf jedenfall aber GeileZone . com ist die heitige offenbarung für mich
13dankster
November 23rd, 2009 at 9:49 am
I’ve read Joe’s book and it has dramatically helped our business. His seminars are as good as gold for upper management types who are busy but need to understand the basics of finance. Good stuff.
wildechild7
November 23rd, 2009 at 10:29 am
Right on target. The book is great and I have used where I work. Great interview.
mjiblet
November 23rd, 2009 at 10:49 am
Joe doesn’t mention it, but his “debate” with Kaplan came to fist-a-cuffs. Kaplan went down and curled into the fetal position faster than a 10-key doing sixth-grade math.
Joe came to our company; he showed a gangly bunch of writers and designers how to read a balance sheet. Athenaikos quoting of Heraclitus rings true, Joe held fast to “that which is common to all.” Good stuff. Go Joe.
Athenaikos
November 23rd, 2009 at 11:05 am
Instead of instructing our managers in productivity and efficiency improvements, I would rather have them undestand what Heraclitus of Ephesus said almost 2,600 years ago:
The Law of Understanding is common to all. Those who speak with intelligence must hold fast to that which is common to all, even more strongly than a city holds fast to its law. For all human laws are dependent upon one divine Law, for this rules as far as it wills, and suffices for all, and overabounds.
jeff715
November 23rd, 2009 at 11:46 am
Freshman accounting principles, good stuff.
snowbored84
November 23rd, 2009 at 11:52 am
This is a very basic understanding of finance and I would hope that all high level managers have this understanding.
iwill54
November 23rd, 2009 at 12:00 pm
The perception on “finance” should and is changing…. is not to be an expert on NUMBERS, it’s just to know what to do with them
Athenaikos
November 23rd, 2009 at 12:57 pm
Estimates, assumptions and art.
It sounds very scientific to me.
theastrusmega
November 23rd, 2009 at 1:09 pm
first.
I like his perspective.