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10 Reasons Why Every Manager Should take a Finance Course

Great Leadership By Dan

We just finished a “ Finance and Accounting for the Non-Financial Manager ” program this week for a large client. The audience was mostly engineers – program and project managers, the ones in charge of designing and making complex stuff. Yes, you too can speak like a CFO! Finance and accounting is very sexy!

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How Technical Debt Opens the Door to Cyber Attacks—and Steps to Protect Your Small Business

Strategy Driven

Months of investigation by a cyber consulting firm finally determined the source of the vulnerability to Azotrope’s network: a combination printer/fax machine in their testing and QA area that engineers regularly used to fax lunch orders to a local Chinese restaurant. How would your CFO or CIO handle this? An excerpt is below.

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Leadership and Product Management

Lead on Purpose

Here are the key roles that are crucial to your success as a product manager, and why they are important: Engineering/QA: The relationship with the engineering/development team is paramount for product managers. Accounting/Finance: This group is often completely ignored by product management.

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When It Pays to Think Like a Finance Manager

Harvard Business Review

If you want approval for a new project — purchasing new equipment or computer systems, applying for a patent, building a new store — chances are you need your company’s finance department on board. To get the green light, it helps to understand how finance people think. Finance & Accounting Tool.

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What It Will Take to Fix HR

Harvard Business Review

In the July/August issue of HBR , Ram Charan argues that the Chief Human Resources Officer (CHRO) role should be eliminated, with HR responsibilities funneled in two separate directions — administration , led by traditional HR-types, reporting to the CFO; and talent strategy , led by high-potential line managers, reporting to the corner office.

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Why We Need to Update Financial Reporting for the Digital Era

Harvard Business Review

This notion, that risk is a desirable feature, can seem like sacrilege to anyone who’s taken an introductory finance course. CFOs of these companies themselves admit that they cannot justify their market capitalizations based on traditional metrics.

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How to Kill Quarterly Earnings Guidance

Harvard Business Review

Earnings guidance attracts investors focused on the short-term, and tempts executives to engineer quarterly earnings to meet the expectations that they have issued. At a macro level, there is evidence that it negatively influences analysts’ reports, thereby distorting the market.