Remove Balance Sheet Remove Finance Remove Groups Remove Management
article thumbnail

How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business

If you’re not a numbers person, finance is daunting. Stop avoiding finance because you’re afraid of numbers. Think of it this way, “Finance is the way businesses keep score. “Finance and accounting are very simple. .” “Finance and accounting are very simple. Overcome your fears.

Finance 28
article thumbnail

Overcoming Data Collection Challenges in Consulting

Tom Spencer

We repeated our request a week later, but they only provided a balance sheet from the previous year. For example, instead of asking for the average payroll for each department over time, ask for a representative current salary of an employee in each department: sales, operations, finance.

Data 78
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Greek default in all but name - Tom Spencer consulting blog

Tom Spencer

Over the last few decades, countless risky financial products were sold to investors using harmless sounding terms like “credit default swap”, “mortgage backed security”, “special purpose vehicle” and “off-balance sheet financing”. Graduate Consulting Group. Management Consulting. Next post: Helping the 99%.

article thumbnail

Mish Fined 8,000 Euros for Quoting French Blog

MishTalk

trillion balance sheet is leveraged nearly 49-to-1. As a group, these three banks have some €4 trillion in assets on their balance sheets, supported by €129.3 As a group, these three banks have some €4 trillion in assets on their balance sheets, supported by €129.3 By contrast, J.P.

article thumbnail

How the Great Recession Changed Banking

Harvard Business

That strengthened investment banks’ balance sheets by forcing them to scale back and to change the nature of the risks they take. As a result, their balance sheets are half as large on a risk-adjusted basis, and the capital they hold against trading positions has doubled over the past decade, our research shows.

Banking 28
article thumbnail

The Globalization Backlash Is Reverberating Through Boardrooms

Harvard Business

In 2015, Global Trade Alert, an independent trade-monitoring group, cited at least 644 discriminatory trade measures imposed by the G20 economies with the U.S. Meanwhile the Institute of International Finance forecasted net capital flows for emerging markets in 2015 would be negative for the first time since 1988. at the forefront.

article thumbnail

Descent of the Global Monetary System

Tom Spencer

The smaller the group of people, the easier it is to reach agreement on what to use as money. For example, if the US government spends more than it collects in taxes, it can finance the budget deficit by selling bonds. One way to manage liquidity risk is to increase your stock of savings. Within my family, chocolate can work.

System 88