11min chapter

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The Art of Finance: Joe Knight on Demystifying Numbers to Empower Businesses

FP&A Today

CHAPTER

Empowering Decision Making Through Financial Literacy

The chapter emphasizes the significance of understanding key financial metrics like EBITDA and gross margin for making informed business decisions. It stresses the evolution of finance professionals to grasp broader aspects of a business beyond finance to drive success. Communication challenges and shifting mindsets towards departments like finance, accounting, and HR are discussed, highlighting the value they bring to a company.

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