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244: Improve Your Financial Intelligence, with Joe Knight

244: Improve Your Financial Intelligence, with Joe Knight

FromCoaching for Leaders


244: Improve Your Financial Intelligence, with Joe Knight

FromCoaching for Leaders

ratings:
Length:
35 minutes
Released:
May 9, 2016
Format:
Podcast episode

Description

Joe Knight:
Author of Financial Intelligence
www.business-literacy.com

Joe teaches us how to improve our own financial intelligence, so we can influence within organizations more effectively. He is a highly regarded finance and business literacy keynote speaker, trainer, and published author.
Quotes
Those who understand [financial statements] are the vast minority of people who are moving up in the corporate environment.
—Joe Knight

One of the problems with fraud is that you have these companies reporting profit, but it wasn’t real profit, and it was never converting to real cash.
—Joe Knight

Wall street, other investors, and banks have shifted to looking at cashflow as a concrete, tangible number.
—Joe Knight

It’s important never to lose sight of the fact that cash flow almost eliminates the possibility of fraudulent financial reporting.
—Joe Knight

We’re not trying to create high-level financial people; we’re trying to decode [financial statements] for the rest of us.
—Joe Knight
Links mentioned:

The 100 Best Business Books of All Time
HBR ROI Toolkit
HBR EBITDA Tookit
HBR Business Valuation Toolkit (still being built by Harvard, should be published next month)

Resources for Business Literacy Institute:

Online Financial Intelligence Training
Financial Concepts Dictionary
Take the Financial Intelligence Assessment

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Released:
May 9, 2016
Format:
Podcast episode

Titles in the series (100)

Leaders aren’t born, they’re made. This Monday show helps you discover leadership wisdom through insightful conversations. Independently produced weekly since 2011, Dr. Dave Stachowiak brings perspective from a thriving, global leadership academy, plus more than 15 years of leadership at Dale Carnegie. Bestselling authors, expert researchers, deep conversation, and regular dialogue with listeners have attracted 15 million downloads and the #1 search result for coaching on Apple Podcasts. Activate your FREE membership to search the entire episode library by topic at CoachingforLeaders.com