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Holding Details

Location	Oakland
Call No	BUSINESS/ECONOMICS GENERAL
Title	Cash is king : maintain liquidity, build capital, and prepare your business for every opportunity / Peter W. Kingma.
Author	Kingma, Peter W., author.
Barcode	529351
Collection	NF Business
Summary	"Many are familiar with the phrase 'cash is king', but often don't fully appreciate why that is so. It's not really a great surprise because the modern corporate organization is largely built around profit and loss. Managers are held accountable for increasing sales and improving efficiency of output. There is almost always an out-sized focus on driving costs down. And, it's quite popular to describe a business as sales-driven or one where the customer comes first. There is nothing at all wrong with focusing on sales growth, cost reduction and improved customer service. But, it takes liquidity to keep the lights on, invest in R&D and new equipment. Without enough liquidity, organizations may have to suspend dividend payments or stretch to service debt obligations. As the economy shifts and markets become more global, it takes cash to seize opportunities. Cash is the fuel in the engine. The problem is almost no one in an organization fully understands the impact they have on cash. Small decisions here and there have ripple effects that go unnoticed until they start to add up. This book will examine what it takes to put cash on an equal footing with sales, cost and service, finding the right equilibrium. It will look at attributes of a cash culture and explore ways that leaders can transform their organizations. This is not a finance textbook. While it will explain some of the most important, and often most misunderstood metrics, the aim is to keep the reader fully awake. It'll use case study examples and will offer concrete suggestions for improvements."-- Provided by publisher.

Reserve Item

Copies

Location	Status	Barcode	Call No	Collection	Shelf Loc	Circ Status
Oakland		529351	BUSINESS/ECONOMICS GENERAL	NF Business	New Shelf	Available

Catalog Details

International Standard Book Number	9781119983354 : $28.00
International Standard Book Number	1119983355 : $28.00
Dewey Decimal Classification Number	658.15/5 23/eng/20240214
Personal Name	Kingma, Peter W., author.
Title Statement	Cash is king : maintain liquidity, build capital, and prepare your business for every opportunity / Peter W. Kingma.
Production, Publication, Distribution, Manufacture, and Copyright Notice	Hoboken, New Jersey : Wiley, [2024]
Physical Description	190 p. hardcover 24 cm.
Content Type	text txt rdacontent
Media Type	unmediated n rdamedia
Carrier Type	volume nc rdacarrier
General Note	Includes index.
Summary, Etc.	"Many are familiar with the phrase 'cash is king', but often don't fully appreciate why that is so. It's not really a great surprise because the modern corporate organization is largely built around profit and loss. Managers are held accountable for increasing sales and improving efficiency of output. There is almost always an out-sized focus on driving costs down. And, it's quite popular to describe a business as sales-driven or one where the customer comes first. There is nothing at all wrong with focusing on sales growth, cost reduction and improved customer service. But, it takes liquidity to keep the lights on, invest in R&D and new equipment. Without enough liquidity, organizations may have to suspend dividend payments or stretch to service debt obligations. As the economy shifts and markets become more global, it takes cash to seize opportunities. Cash is the fuel in the engine. The problem is almost no one in an organization fully understands the impact they have on cash. Small decisions here and there have ripple effects that go unnoticed until they start to add up. This book will examine what it takes to put cash on an equal footing with sales, cost and service, finding the right equilibrium. It will look at attributes of a cash culture and explore ways that leaders can transform their organizations. This is not a finance textbook. While it will explain some of the most important, and often most misunderstood metrics, the aim is to keep the reader fully awake. It'll use case study examples and will offer concrete suggestions for improvements."-- Provided by publisher.
Subject Added Entry - Topical Term	Liquidity (Economics)
Subject Added Entry - Topical Term	Cash management.
Additional Physical Form Entry	Online version: Kingma, Peter W. Hoboken, New Jersey : Wiley, [2024] Cash is king (DLC) 2024001117 9781119983378