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Financial Analysis for HR Managers - Tools for Linking HR Strategy to Business Strategy (Paperback)
Loot Price: R906
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Financial Analysis for HR Managers - Tools for Linking HR Strategy to Business Strategy (Paperback)
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HR leaders and practitioners: master the financial analysis skills
you need to become true strategic business partners, gain an equal
seat at the table, and get boardroom and CFO buy-in for your
initiatives! In this one-of-a-kind book, Dr. Steven Director covers
everything mid-to-senior-level HR professionals need to formulate,
model, and evaluate their HR initiatives from a financial
perspective. Drawing on his unsurpassed expertise working with HR
executives, he walks through each crucial financial issue
associated with strategic talent management, including quantifiable
links between workforces and business value, cost-benefit analyses
of HR and strategic financial initiatives, and specific issues
related to total rewards programs, including stock, stock options,
and pension costs. Unlike other finance books for non-financial
managers, Financial Analysis for HR Managers focuses entirely on
core HR issues. Director helps you answer questions such as: How do
you model HR's financial role in corporate strategic initiatives
such as the introduction of a new product line? How do you select
bonus drivers to send the right signals to managers (and uncover
suboptimal hidden signals you might be sending now)? How do you
design compensation packages that are fully consistent with your
goals? How do you identify and manage pension-finance costs and
risks that can dramatically impact the long-term financial health
of the business? HR leaders and aspiring leaders are under
unprecedented pressure to provide credible, quantitative answers to
questions like these. This is the one and only book that will help
them do so.
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