Financial managers play a crucial role in any business. They manage the company’s money in order to accomplish objectives of the organization. The survival of the company is always an important consideration when making any financial decisions. Financial managers can read Don’t Be Evil: A Financial Analysis of Google to learn more about the financial and competitive environment Google endured.
Brithe Publishing is dedicated to publishing a wide range of materials in high-level fields. From systems related engineering to the detailed analysis of technical and philosophical information, we provide books that are focused on building businesses and careers. Here is a look at the goals of a financial manager and why Don’t Be Evil: A Financial Analysis of Google is a must read for financial managers.
Goals For A Financial Manager
As a financial manager, you have a big job to manage the money of the business you work for. The ultimate goal is to keep the business financial stable and grow the amount of money they earn. This can be achieved in different ways. Here is quick look at the goals:
- Profit Maximization: The main objective of financial management is to get marginal cost to equal marginal revenue.
- Wealth Maximization: The goal is to maximize the shareholder’s wealth.
- Company Survival: Keep the business in mind with all financial decisions. Incorrect decisions could lead to bankruptcy.
- Cash Flow: Maintain a steady cash flow so operations can handle day-to-day expenses.
- Minimize Capital Cost: Lowering the cost of operations will allow your business to enjoy more profit.
With these goals in mind, a financial manager will be aware of how they are managing the company’s money. While they are maximizing the profits and wealths of the company and shareholders, they are also ensuring that the day-to-day operations can be accomplished. Without proper management of money, a company can easily go bankrupt and be unable to operate under their daily needs.
A Financial Analysis of Google
The book, Don’t Be Evil: A Financial Analysis of Google, dives into how Google managed its finances in the competitive environment it found itself in. Financial managers can learn from Google’s accomplishments and how they went from a noun to a verb signifying “to search.”
The book also discusses a couple of competitors known as Baidu and Yandex. While these companies only combine to a grain of Google’s earnings, they have reported higher rates of growth than Google in 2011. Reading this book will provide financial managers with a deep insight into operating under heavy competition.
Why Order From Brithe Publishing
The books we publish are targeted toward advanced technical careers and work. Our reading materials are focused on high-level jobs and industries to provide professionals with quality insight in their fields. If you are a financial manager, you can take advantage of the books we have to improve your understanding of business finance.
If you are a financial manager who wants to learn about the success that came out of Google’s management plan, it’s time to read Don’t Be Evil: A Financial Analysis of Google. Brithe Publishing offers a number of books that analyze work in highly technical occupations. Learn more about the book and order it heretoday!