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

by Karen Berman, Joe Knight, John Case (Contributor)

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 financials into your day-to-day work.

Using the groundbreaking formula they introduced in their book Financial A Manager's Guide to Knowing What the Numbers Really Mean, Karen Berman and Joe Knight 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, the authors provide a deep understanding of the basics of financial management and measurement, along with hands-on activities to practice what you are reading. You'll

· Why the assumptions behind financial data matter
· What your company's income statement, balance sheet, and cash flow statement really reveal
· Which financials may be needed when you're developing a human capital strategy
· How to calculate return on investment
· Ways to use financial information to better support your business units and do your own job
· How to instill financial intelligence throughout your team

Authoritative and accessible, Financial Intelligence for HR Professionals, empowers you to "talk numbers" confidently with your boss, colleagues, and direct reports -- and understand how the financials impact your part of the business.

Genres: Business

320 pages, Paperback

First published March 20, 2008

Reviews

[Nicole · Rating 5 out of 5]

This book explains financial concepts very well and with a little humor. The case studies are interesting. The authors did an amazing job making the art of finance interesting.

[Kara · Rating 5 out of 5]

Great book for understanding basic Finance with no math involved!