A Refresher on Return on Assets and Return on Equity

There are several ratios you can look at that will help you evaluate whether your company can generate sales and control its expenses. I talked with Joe Knight, author of the HBR TOOLS: Return on Investment and co-founder and owner of http://www.business-literacy.com, to learn more about the Return on Assets (ROA) and Return on Equity (ROE) ratios and how managers can use them.

A Refresher on Internal Rate of Return

Any time you propose a capital expenditure, you can be sure senior leaders will want to know what the return on investment (ROI) is. There are a variety of methods you can use to calculate ROI — net present value, payback, breakeven — and internal rate of return, or IRR.

For help in deciphering this I talked with Joe Knight, author of HBR TOOLS: Return on … [ Read more ]

A Refresher on Regression Analysis

You probably know by now that whenever possible you should be making data-driven decisions at work. But do you know how to parse through all of the data available to you? The good news is that you likely don’t have to do the number crunching yourself (hallelujah!) but you do need to correctly understand and interpret the analysis created by your colleagues. One of the … [ Read more ]

A Refresher on Price Elasticity

Setting the right price for your product or service is hard. In fact, determining price is one of the toughest things a marketer has to do, in large part because it has such a big impact on the company’s bottom line. One of the critical elements of pricing is understanding what economists call price elasticity. To better understand this concept and how it impacts marketing, … [ Read more ]

Overcoming the Toughest Common Coaching Challenges

Great managers strive to do right by their employees — treat them well, motivate them to succeed, and provide the support and coaching each person needs. This is often easier said than done, especially when it comes to coaching. That’s because coaching takes time, skill, and careful planning. And there are certain types of people who may be particularly challenging for managers to coach. Think … [ Read more ]

Assessment: Are You Ready for That Job Interview?

You’ve scored an interview, and it’s time to prepare. Should you believe your colleague who says to wear a suit even though the company is a tech start-up? Should you trust your friend who tells you, “Just be yourself”? There’s so much conflicting advice out there—how do you know what tactics are best?

This assessment will test your knowledge. Consider each piece of conventional wisdom below … [ Read more ]

A Refresher on Net Present Value

Most people know that money you have in hand now is more valuable than money you collect later on. That’s because you can use it to make more money by running a business, or buying something now and selling it later for more, or simply putting it in the bank and earning interest. Future money is also less valuable because inflation erodes its buying power. … [ Read more ]

How to Write a Resume That Stands Out

The resume: there are so many conflicting recommendations out there. Should you keep it to one page? Do you put a summary up top? Do you include personal interests and volunteer gigs? This may be your best chance to make a good first impression, so you’ve got to get it right.

How to Write a Cover Letter

Perhaps the most challenging part of the job hunting process is writing an effective cover letter. There’s so much conflicting advice out there, it’s hard to know where to start. Indeed, in an age of digital communication, many might question whether you even need a cover letter anymore. Here’s how to give hiring managers what they’re looking for.

The Seven Imperatives to Keeping Meetings on Track

There’s nothing more annoying than a meeting that goes on and on and on. As a manager, it’s your job to make sure people don’t go off on tangents or give endless speeches. But how can you keep people focused without being a taskmaster or squashing creativity?

How to Stand Out in an Interview

You’ve just landed a job interview for a position you really want. Congratulations! Now, you know you only get one chance to impress, but how exactly do you do that? Given all of the conflicting advice out there and the changing rules of getting a job, it’s no wonder that job seekers are confused about how to best prepare for and perform in an interview. … [ Read more ]