Publisher's Synopsis
Provides a hands-on guide to analyzing key criteria for success in any type of business, operating division, or plant. The author's research shows that traditional, cost-based financial assessments have become less accurate in predicting the true success of a product, venture, or company, due to worldwide competition, faster cycle times, demand for short-run, customized products, and other factors. When new and even well-established companies fail, analyses reveal the use of faulty financial measures. This book shows how to: ensure that financial reporting systems quickly capture and emphasize necessary details; educate key managers about refined financial measures needed to reach strategic goals; ensure that financial and operating managers communicate effectively in analyzing results; and emphasize key themes when reporting results to investment analysts and the business press.;This book should be of interest to corporate managers responsible for products, product lines, division or entire businesses; corporate financial managers, including CFOs, controllers, financial analysts, certified public accountants, investment analysts, and commercial lenders.
