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How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business Review

And who’s in the best position to offer advice? ” Joe Knight, a partner and senior consultant at the Business Literacy Institute and the coauthor of Financial Intelligence , says that an absence of financial savvy is “career-limiting.” Overlook the impact of financial skills on your career. Related Video.

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Is Your Business Biased Against Innovation?

Strategy Driven

Net present value [NPV] is a case in point. The logic of NPV is to project cash flows into the future and then discount those flows back into today’s dollars at a given cost of capital. If it is positive, it’s thumbs up, if it’s negative, it’s thumbs down. That’s a more powerful model than something that is purely transactional.