Home : Financial Intelligence Books : Financial Intelligence for IT Professionals
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Here's what they are saying about Financial Intelligence:
"You get what you pay for is a commonly repeated proverb because it is so commonly true. Co-authored by Karen Berman and Joe Knight, Financial Intelligence for IT Professionals: What You Really Need to Know About the Numbers is an informed and informative guide to understanding that Information Technology (IT) requires an infusion of capital to get the best use out of it. With basic information on understanding IT-related statements and balances, estimates and their effects, challenging data, investments, and so much more. Highly recommended reading and a welcome addition to personal, professional, community, and academic library Business reference collections, Financial Intelligence for IT Professionals is essential reading for anyone wanting to get the most out of their IT dollar investment." — Midwest Book Review, Wisconsin Bookwatch
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"CFOs who want to promote financial literacy among the non-financial managers they work with might consider recommending this book. It reads easily without dumbing down, and it's comprehensive." — CFO.com
"Berman and Knight, co-owners of the Business Literacy Institute in Los Angeles, provide a concise tutorial, explaining the basics about income statements, balance sheets and cash-flow statements. They illustrate key concepts by showing how you can apply them: how to put together a capital expenditure proposal, for example." — CIO.com
Here's why we think every IT professional should build their Financial Intelligence®:
As an IT manager, you're expected to make key decisions and recommend major investments. And that means understanding your decisions' financial impact on your company. But if you're like many information technology practitioners, you may feel uncomfortable incorporating the financials into your day-to-day work.
Using the groundbreaking formula they introduced in their book Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean, Karen Berman and Joe Knight present the essentials of finance specifically for IT experts.
Drawing on their work training tens of thousands of managers and employees at leading organizations worldwide, the authors illuminate the basics of financial management and measurement and provide hands-on activities for practicing what you are reading. You'll discover:
- Why the assumptions behind financial data matter
- What your company's income statement, balance sheet, and cash flow statement reveal
- How to use ratios to assess your company's financial health
- How to calculate return on IT investments
- Ways to use financial information to support your company's business units and do your own job better
- How to instill Financial Intelligence throughout your team
Authoritative and accessible, Financial Intelligence for IT Professionals: What You Really Need to Know About the Numbers empowers you to "talk numbers" confidently with your boss, colleagues, and direct reports — and understand how the financials affect your part of the business.
