O'Reilly logo

FT Guide to Finance for Non-Financial Managers by Jo Haigh

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

1

Data and Decisions

A few key lessons

In this chapter we will explore how a decision made without a full and proper understanding of the ramifications can affect your business performance and how, with some basic processes and techniques, you can take a business action with much more confidence and in the knowledge that you have considered the effects of the activity.

Making a decision about business based on financial data is, for the most part, based on historical data, forecasts and budgets. The trouble with this is it is not feasible to assume that what happened previously will be what should happen in the future.

So how do you as a savvy professional make use of financial numbers without spreadsheet purgatory and analysis paralysis? ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required