Coaching for Leaders
Coaching for Leaders
Dave Stachowiak
244: Improve Your Financial Intelligence, with Joe Knight
34 minutes Posted May 8, 2016 at 8:00 pm.
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Show notes
Joe Knight: Financial Intelligence
Joe Knight, co-author of Financial Intelligence*, 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
Resources

Business Literacy Institute
The 100 Best Business Books of All Time
HBR Tools: Return on Investment (ROI) by Joe Knight
HBR Tools: EBITDA by Joe Knight
HBR Tools: Business Valuation by Joe Knight

Resources for Business Literacy Institute:

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

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