It is no longer acceptable for utility engineers to make
spending decisions solely because they make good engineering sense.
In today s environment, they must also demonstrate solid business
acumen and show that recommendations make good business sense. With
this goal in mind, Business Essentials for Utility Engineers
systematically presents each business topic to arm engineers with
the tools and vocabulary necessary to be more effective when
interacting with senior management, and for promotion to senior
management.
This book covers all business concepts important to utility
engineers, including regulation, ratemaking, accounting, finance,
risk management, economics, budgeting, and asset management. The
author applies his vast corporate experience to give readers a
solid foundation for business theory, discussing the idiosyncrasies
of utilities and using advanced mathematics to demonstrate business
concepts. He also explains how to properly apply this theory to
utilities, expounding on specific business skills that will greatly
benefit utility engineers in their daily jobs.
Chapters are organized to build sequentially upon each other,
and take advantage of the mathematical sophistication and deductive
nature of engineers when presenting material. After reading this
book, utility engineers will view their industry from a new
perspective, and will have a greatly expanded business vocabulary.
Suitable for self-study, undergraduate study, graduate study, or as
a desk reference, this book provides a robust framework for correct
business thinking and a solid foundation for further
learning.
WAtch Richard E. Brown talk about his book at: http:
//youtu.be/gdyjq77nQFI
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