HBR Guide to Finance Basics for Managers

DON"™T LET YOUR FEAR OF FINANCE GET IN THE WAY OF YOUR SUCCESS Can you prepare a breakeven analysis? Do you know the difference between an income statement and a balance sheet? Or understand why a business that"™s profitable can still go belly-up? Has your grasp of your company"™s numbers helped"”or hurt"”your career? Whether you"™re new to finance or you just need a refresher, this go-to guide will give you the tools and confidence you need to master the fundamentals, as all good managers must. The HBR Guide to Finance Basics for Managers will help you: * Learn the language of finance * Compare your firm"™s financials with rivals"™ * Shift your team"™s focus from revenues to profits * Assess your vulnerability to industry downturns * Use financial data to defend budget requests * Invest smartly through cost/benefit analysis