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    Summary: Financial Intelligence: Review and Analysis of Berman and Knight's Book
    Summary: Financial Intelligence: Review and Analysis of Berman and Knight's Book
    Summary: Financial Intelligence: Review and Analysis of Berman and Knight's Book
    Ebook51 pages54 minutes

    Summary: Financial Intelligence: Review and Analysis of Berman and Knight's Book

    By BusinessNews Publishing

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    About this ebook

    The must-read summary of Karen Berman and Joe Knight's book: "Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean".

    This complete summary of the ideas from Karen Berman and Joe Knight's book "Financial Intelligence" shows how everyone in business should acquire a set of skills and attitudes about finance. In their book, the authors have included stories of real life businesses and provided the financial knowledge that you need in order to become financially intelligent. This summary is an excellent guide for non-financial managers who want to gain a better understanding of the basics of finance.

    Added-value of this summary:
    • Save time
    • Understand key concepts
    • Expand your financial skills

    To learn more, read "Financial Intelligence" and take the first step on your path to becoming a financially intelligent manager.
    LanguageEnglish
    PublisherBusiness Book Summaries
    Release dateFeb 15, 2013
    ISBN9782806242785
    Summary: Financial Intelligence: Review and Analysis of Berman and Knight's Book

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      Book preview

      Summary - BusinessNews Publishing

      Title pagePromo

      Book Presentation

      Financial Intelligence by Karen Berman and Joe Knight

      Book Abstract

      MAIN IDEA

      Financial intelligence is a set of skills and attitudes about finance which can and should be acquired by everyone in business. In its most basic form, to be financially intelligent you need to be competent in four different skill sets:

      While the people who work exclusively in finance tend to learn these skills early on in their careers, anyone who plans on being in a position to rise to the top of any organization need to be at least financially literate. It pays to master the four skill sets of financial intelligence. To not do this, you run the risk of being permanently relegated to the sidelines.

      We have worked with thousands of employees, managers, and leaders in American companies, teaching them about the financial side of business. Our philosophy is that everyone in a company does better when they understand how financial success is measured and how they have an impact on the company’s performance. Our term for that understanding is ‘financial intelligence’. Greater financial intelligence, we’ve learned, helps people feel more involved and committed. They understand better what they are a part of, what the organization is trying to achieve, and how they affect results. Trust increases, turnover decreases, and financial results improve.

      – Karen Berman and Joe Knight

      About the Author

      KAREN BERMAN is founder and president of the Business Literacy Institute, a training and consulting firm which develops financial literacy programs. She has worked with a wide range of companies creating financial literacy programs which aim to transform employees and managers into business partners. Dr. Berman is a graduate of the University of California at Davis and the California School of Professional Psychology.

      JOE KNIGHT is a co-owner of the Business Literacy Institute and CFO and a co-owner of Set point Systems, an automation and roller coaster company. An acclaimed public speaker,

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