Published by:
Harvard Business Publishing
Length: 3 pages
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Abstract
Many general managers would rather have a root canal than learn about finance. However, an understanding of a few financial measures, coupled with an enterprise-wide perspective, can help managers get a grip on their company. Here, some of the experts show how understanding the monetary intake of a company by using its growth, cash generation, and return on assets can help counteract the managerial tendency to think only within one''s department or unit.
About
Abstract
Many general managers would rather have a root canal than learn about finance. However, an understanding of a few financial measures, coupled with an enterprise-wide perspective, can help managers get a grip on their company. Here, some of the experts show how understanding the monetary intake of a company by using its growth, cash generation, and return on assets can help counteract the managerial tendency to think only within one''s department or unit.