Remove Career Remove NPV Remove Operations
article thumbnail

How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business Review

.” Joe Knight, a partner and senior consultant at the Business Literacy Institute and the coauthor of Financial Intelligence , says that an absence of financial savvy is “career-limiting.” Next time you're deciding about a big investment, NPV can help you make a more informed decision. Related Video. Go it alone.

article thumbnail

Is Your Business Biased Against Innovation?

Strategy Driven

Net present value [NPV] is a case in point. The logic of NPV is to project cash flows into the future and then discount those flows back into today’s dollars at a given cost of capital. One problem is that NPV calculations tend to compare today with some future state.