Current Events & Public Affairs


Finance Tools

By 800-CEO-READ, published March 28, 2006, at 4:00 PM in News & Opinion

Rob Norton (former executive editor for Fortune) wrote an article in Strategy+Business on the art of finance (registration required). Describing today's finance world as being full of measurements and assessments, he suggests these seven resources for learning more: Against the Gods by Peter L.


Being young and dealing with money

By 800-CEO-READ, published February 7, 2006, at 5:14 PM in News & Opinion

BusinessWeek's last issue featured two new books out about the young people in America and their money flow: Strapped: Why America's 20- and 30- Somethings Can't Get Ahead by Tamara Draut Generation Debt: Why Now is a Terrible Time to be Young by Anya Kamenetz The article "Up Against It at 25" describes the books as "similar economic jeremiads, although Kamenetz is the better writer and Draut the more knowing policy maven. " What is it about America's 20- and 30- somethings that make them so strapped? "Flawed government policies that have forced many students to borrow huge sums for college", less traditional workplace benefits and "an older generation of self-satisfied baby boomers [that] will soon begin retiring, sucking up government resources.


One more book to watch for

By 800-CEO-READ, published February 7, 2006, at 2:35 PM in News & Opinion

We want to make sure you don't forget about The Long Tail by Chris Anderson. We didn't have this book on our list nor was it on the HBR list. It was a terrible oversight.


Forbes' Best Business Books of 2005

By 800-CEO-READ, published January 27, 2006, at 2:58 PM in News & Opinion

I thought we had seen all of the lists for 2005, but Forbes published their selections on Tuesday. To determine the very best of the crop, we polled a dozen writers, editors and publishers from Forbes. Thirty-three books were nominated, which we then winnowed down to the five very best, with the help of the editors of Forbes magazine and Forbes.


Additional Recommended Finance Reading

By 800-CEO-READ, published January 12, 2006, at 8:36 PM in News & Opinion

We believe, of course, that every manager should read Financial Intelligence. However, as we said in the book, a good manager shouldn't just look at the numbers to understand his or her business. So, here are a few books we recommend to round out your reading list: A Stake in the Outcome -- What can go right and what can wrong in small, closely held businesses when equity is shared broadly.


A Case Study: A Business Literacy Transformation

By 800-CEO-READ, published January 12, 2006, at 7:28 PM in News & Opinion

Joe and I are owners of a consulting firm called the Business Literacy Institute. We work with mostly large companies, providing business literacy consulting and training products and services. All of our work is customized, so every program we deliver is different.


Why Do We Need ANOTHER Finance Book?

By 800-CEO-READ, published January 12, 2006, at 6:26 PM in News & Opinion

So, why did we write this book? There are a few reasons, but first and foremost, because we are true believers in what we call business literacy. We believe that everyone in organizations should understand how financial success is measured and how they make an impact.


Our Translation of Sarbanes Oxley

By 800-CEO-READ, published January 12, 2006, at 5:21 PM in News & Opinion

If you step back for a moment from the specifics of Sarbanes Oxley (fondly also known as Sarbox or just SOX) and look at the big picture, the goal of the law is financial transparency. Financial transparency is the exact opposite of what Enron, Worldcom and others did. They hid the actual performance of their company from the public.


The Hot Topic in Finance

By 800-CEO-READ, published January 12, 2006, at 4:00 PM in News & Opinion

Yes, there are "hip" and "hot" topics in finance, including the key numbers to watch when assessing public companies. And there has been an interesting transformation over the years regarding what numbers were "hot. " In the late 90's, 2000 and 2001, the key financial number everyone watched and talked about was EBITDA (earnings before interest, taxes, depreciation, and amortization).


Financial Intelligence -- Good Morning

By 800-CEO-READ, published January 12, 2006, at 2:50 PM in News & Opinion

Good morning to everyone. First, wed like to say thank you to Jack and Todd at 800-CEO-READ for asking us to host the blog today. As the authors of Financial Intelligence, A Managers Guide to Knowing What the Numbers Really Mean, we are excited to share with you more information about financial intelligence and about creating a financially transparent organization.


Follow-up to "Read the Number"

By 800-CEO-READ, published January 10, 2006, at 6:20 PM in News & Opinion

Yesterday, Todd encouraged you to read The Number. Last week, Jack posted his review of it. And it's not just us that are recommending the book.


This Week - 1/9/06

By 800-CEO-READ, published January 9, 2006, at 5:08 PM in News & Opinion

Good morning and welcome to a new week. There has been a plague moving through the office and I have become the latest victim. Ugh.