
How Finance Works: The HBR Guide to Thinking Smart About the Numbers
About This Book
Summary
Aims to demystify finance for non-financial individuals using conversational style, case studies, exercises, and visuals. Explains financial levers, funding, cash flow importance, value creation, and capital markets.
Key Insights
Description
Based on a popular class taught by a Harvard Business School professor
If you're not a numbers person, then finance can be intimidating and easy to ignore
But if you want to advance in your career, you'll need to make smart financial decisions and develop the confidence to clearly communicate those decisions to others
In How Finance Works , Mihir Desai--a professor at Harvard Business School and author of The Wisdom of Finance --guides you into the complex but endlessly fascinating world of finance, demystifying it in the process
Through entertaining case studies, interactive exercises, full-color visuals, and a conversational style that belies the topic, Professor Desai tackles a broad range of topics that will give you the knowledge and skills you need to finally understand how finance works
These include: How different financial levers can affect a company's performance The different ways in which companies fund their operations and investments Why finance is more concerned with cash flow than profits How value is created, measured, and maximized The importance of capital markets in helping companies grow Whether you're a student or a manager, an aspiring CFO or an entrepreneur, How Finance Works is the colorful and interactive guide you need to help you start thinking more deeply about the numbers