Thursday, June 23, 2011

Finance for Managers (Harvard Business Essentials)

Harvard Business Essentials are comprehensive, solution-oriented paperbacks for business readers of all levels of experience. Calculating and assessing the overall financial health of the business is an important part of any managerial position. From reading and deciphering financial statements, to understanding net present value, to calculating return on investment, Finance for Managers provides the fundamentals of financial literacy. Easy to use and nontechnical, this helpful guide gives managers the smart advice they need to increase their impact on financial planning, budgeting, and forecasting.

Amazon Sales Rank: #80322 in Books Published on: 2003-01-02 Original language: English Number of items: 1 Binding: Paperback 256 pages ISBN13: 9781578518760 Condition: New Notes: BRAND NEW FROM PUBLISHER! 100% Satisfaction Guarantee. Tracking provided on most orders. Buy with Confidence! Millions of books sold!

About the Author Harvard Business Essentials The Reliable Source for Busy Managers The Harvard Business Essentials series is designed to provide comprehensive advice, personal coaching, background information, and guidance on the most relevant topics in business. Drawing on rich content from Harvard Business School Publishing and other sources, these concise guides are carefully crafted to provide a highly practical resource for readers with all levels of experience. To assure quality and accuracy, each volume is closely reviewed by a specialized content adviser from a world class business school. Whether you are a new manager interested in expanding your skills or an experienced executive looking for a personal resource, these solution-oriented books offer reliable answers at your fingertips.

Customers most helpful reviews 33 of 35 people found this review helpful. In essence, yes, and for many valuable by Robert Morris is one of the volumes of the new series from Harvard Business School Essentials. Each offers authoritative answers to important questions concerning its specific subject. The content of this book is drawn from a variety of sources, including William J. Brown, Michael J. Roberts, and Robert S. Kaplan and the publication of Harvard Business School and Harvard ManageMentor ®, an online service. Each volume is indeed "a great resource for readers of all levels of experience," but I think that those who have recently started a business career will benefit the most benefits. This book explains the basic concepts of finance managers who are not financial managers. When Richard Luecke notes in the introduction to "know how to assets, expected future cash flows, financial hold-down a budget which operations are profit generators and which are not, and judging the real economic benefits of different investment options to help you business and remain a profit, "Samuel L. Hayes served as subject advisor Luecke, author of this and other books in the Harvard Business School Essentials Series and author or developer of more than 30 other books and several dozen articles. There are ten chapters followed by an appendix: activity-based budgeting. (More on the material in a moment.) Each chapter will be included in a list of "Key Topics" in their place. For example, in Chapter 5 which focuses on start-up funding, financing, operations, finance growth, the creation of a proper matching of assets with financing and typical financing. Of course, all of this material may be basic (if not obvious) to experienced financial manager, but keep in mind that the material was carefully selected for managers who are not financial managers One of the most popular discussions selected information in Appendix A briefly made available, but attention is paid to the "cost drivers of development" and closer to Activity-Based Budgeting (ABB) and how it differs from dedicated Activity-Based Costing (ABC). Less experienced non-financial managers are often invited to one report, more often than not, includes a budget, or at least prepare a cost analysis. A basic understanding of ABB and ABC guidance and support to achieve these goals. ABC begins with taking into account the cost of funds, these costs attributable to activities and then distributes these costs to products / services, ABB will start with the planned product or service, estimated sales, and mix and comes with the activities needed to produce mix of managers and financial value and non-financial managers who oversee other non-financial managers should seriously consider copies of this book for those who currently do not understand "how assets finance, forecasting future cash flows, maintaining a budget, determine what activities are profit generators and which not, and judge the merit of the real economic opportunities for various investments "that will help [your organization] stay in business and profits. "Of course, the younger managers need not wait for this offer. Published as volume and the attractive price paperbound, Finance for Managers would be a modest investment in their own careers. 21 of 22 people found this helpful Nice coverage is generally not so nice to Monojit Mazumdar I bought this book to rehash some of the necessary financial and critical concepts learned in school. The goal was a. Make informed decisions with knowledge of some terms of funds (such as top-line growth) B. Become more familiar with the standard does not often use financial tools (such as cash flow). The book does well enough to meet these criteria and the optimal degree of satisfaction. Organization, Nice.

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