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

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

Many Organizations Still Judge it by what it costs, rather than by what it contributes to the business. As an IT professional, changing that perception will require you to "talk numbers" with confidence and apply financial know-how to the work you do.

In this essential guide, Karen Berman and Joe Knight customize the approaches and insights from their acclaimed book Financial Intelligence specifically for IT. The authors not only demystify common financial terms and tools, they also show how to use this knowledge to gauge your company's performance and make decisions that are aligned with its financial situation.

Based on their work training tens of thousands of executives, managers, and employees, Berman and Knight show how to use financial intelligence to: Read and understand income statements and balance sheets, Understand how assumptions and estimates affect the numbers, Ask intelligent questions and challenge data when necessary, Use tools like ratios and ROI analysis to evaluate IT capital investments, Improve the financial performance of the units you support. By connecting the dots between financial results and the work of IT, this practical guide will help you achieve greater career success and improve your company's financial performance.

About the Author:
Karen Berman and Joe Knight, founders of the Los Angeles-based Business Literacy Institute, work with some of the world's best known and most respected organizations, including American Express, CVS/Caremark, General Electric, and Southwest Airlines

About the Author:
John Case is a successful business book author

Genres: Business, Nonfiction, Management

296 pages, Kindle Edition

First published April 7, 2008

Reviews

[Lauri · Rating 3 out of 5]

Lots of tap dancing around financial issues, but not a lot of delving into said issues. Apart from the definitions, I don't know that this provided a lot of insight into the world of finance.

[Krishnan · Rating 5 out of 5]

A really comprehensible and down to earth book that explains how company balance sheets and income statements work and the things to look out for in them. Should make it a must learn course for everyone in university.

[Ericko Marvin · Rating 5 out of 5]

The author is able to explain complicated numbers & their purpose within financial statements in a simple way. Would be a good book to start if one has little/no knowledge in financial analysis.

[Dale Applegate · Rating 3 out of 5]

Financial info for Dummies. A simple, quick primer. Too simple and too quick for my taste. Really a finacial bathroom book.