{"product_id":"the-strategic-treasurer-9780470407776","title":"The Strategic Treasurer","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eThe current period of market and governmental turbulence is the most challengingyet rewardingtime to be a treasurer. Now, as perhaps never before, the treasurer's visions, skills, and worth will be tested and proven. A useful reference, \u003ci\u003eThe Strategic Treasurer: A Partnership for Corporate Growth\u003c\/i\u003e systematically equips today's corporate treasurers to move from merely being the liquidity manager to becoming a strategic driver and steward of corporate value as well as an equal partner with senior management.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003ePreface xiii\u003c\/p\u003e \u003cp\u003eAcknowledgments xix\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Building the Case for Being a Strategic Treasurer 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eVolatility and Turbulence as Opportunity 2\u003c\/p\u003e \u003cp\u003eResiliency, Diversification, and Due Diligence 3\u003c\/p\u003e \u003cp\u003eBeing a Strategic Business Partner 4\u003c\/p\u003e \u003cp\u003eIt Is Good to Be Needed 4\u003c\/p\u003e \u003cp\u003eTechnology Has Improved 5\u003c\/p\u003e \u003cp\u003eSummary 5\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 First Things for the New Treasurer 7\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eStudy the Business 8\u003c\/p\u003e \u003cp\u003eAssess Treasury 10\u003c\/p\u003e \u003cp\u003eIdentify Risks 13\u003c\/p\u003e \u003cp\u003eSocializing Your Assessment 14\u003c\/p\u003e \u003cp\u003ePut Your Team Together Like a Puzzle 15\u003c\/p\u003e \u003cp\u003eCreating and Socializing the Vision and Plan 17\u003c\/p\u003e \u003cp\u003eA Time for Action 18\u003c\/p\u003e \u003cp\u003eOngoing Intellectual Curiosity 19\u003c\/p\u003e \u003cp\u003eSummary 19\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Being a Partner, Not a Vendor 21\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAvoiding Inevitable Pitfalls 22\u003c\/p\u003e \u003cp\u003eKeeping in Between the Two Lines 23\u003c\/p\u003e \u003cp\u003eKnow What Is Important to the Organization and to\u003c\/p\u003e \u003cp\u003eIts Partners 27\u003c\/p\u003e \u003cp\u003eSummary 29\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Managing Relationships 31\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eScope of the Relationship Management Plan 32\u003c\/p\u003e \u003cp\u003eKey Components of a Relationship Management Plan 33\u003c\/p\u003e \u003cp\u003ePlan and Process for Accomplishing the Objectives 34\u003c\/p\u003e \u003cp\u003eRationale for Formally Documenting Relationships 41\u003c\/p\u003e \u003cp\u003eRequest for Proposal 44\u003c\/p\u003e \u003cp\u003eSummary 45\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Owning Cash and the Five Os of Treasury 47\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Os of Treasury 48\u003c\/p\u003e \u003cp\u003eCentralized or Decentralized Treasury 48\u003c\/p\u003e \u003cp\u003eTaking Ownership 52\u003c\/p\u003e \u003cp\u003eProtecting the Balance Sheet 56\u003c\/p\u003e \u003cp\u003eSummary 59\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Cash Boot Camp for Treasurers 61\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCash 61\u003c\/p\u003e \u003cp\u003eA Tale of Two Types of Cash 62\u003c\/p\u003e \u003cp\u003eDisbursement Example 64\u003c\/p\u003e \u003cp\u003eCollection\/Receivable Example 66\u003c\/p\u003e \u003cp\u003eDiscussion 71\u003c\/p\u003e \u003cp\u003eTechnology Enables Appropriate Cash Recording and Reporting 71\u003c\/p\u003e \u003cp\u003eCash Implications 74\u003c\/p\u003e \u003cp\u003eSummary 75\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Owning Working Capital 77\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTwo Definitions of Working Capital 78\u003c\/p\u003e \u003cp\u003eTwo Different Measurements for Working Capital 79\u003c\/p\u003e \u003cp\u003eWorking Capital Impact on Organizational Value 84\u003c\/p\u003e \u003cp\u003eDifferences Between Liquidity and Historical Working Capital Measures 87\u003c\/p\u003e \u003cp\u003eProjecting Working Capital Usage and Variations 89\u003c\/p\u003e \u003cp\u003eSteps Needed to Optimize Working Capital 90\u003c\/p\u003e \u003cp\u003eSummary 92\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Differences Between a Process View and a Silo View 93\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Process Perspective Is Vital 93\u003c\/p\u003e \u003cp\u003eSymptoms of a Silo View 97\u003c\/p\u003e \u003cp\u003eFighting the Silo Mentality with the Process 99\u003c\/p\u003e \u003cp\u003eSummary 100\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Financial Risk Management, Part One: Considering Risk Through the Eye of the Beholder 101\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRisk 102\u003c\/p\u003e \u003cp\u003eSummary 109\u003c\/p\u003e \u003cp\u003eNotes 109\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Financial Risk Management, Part Two: Altering the Risk a Company Faces to Match the Risk It Desires 111\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRisk Management Choices 112\u003c\/p\u003e \u003cp\u003ePossible Reasons for Hedging 114\u003c\/p\u003e \u003cp\u003eValue in Risk Management 116\u003c\/p\u003e \u003cp\u003eVolatility and Impact 117\u003c\/p\u003e \u003cp\u003eWhat to Hedge? 119\u003c\/p\u003e \u003cp\u003eFinancial Risk Management Process 120\u003c\/p\u003e \u003cp\u003eTreasurer’s Role 124\u003c\/p\u003e \u003cp\u003eBlack Swans 126\u003c\/p\u003e \u003cp\u003eWhen Do We Hedge? 126\u003c\/p\u003e \u003cp\u003eNo Cheers for Hedges; It’s the Objective That Matters 127\u003c\/p\u003e \u003cp\u003eSummary 127\u003c\/p\u003e \u003cp\u003eNotes 129\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 Losses and Fraud: What Can Keep Treasurers Awake at Night 131\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSituations of Loss 133\u003c\/p\u003e \u003cp\u003eFraud 138\u003c\/p\u003e \u003cp\u003eSummary 143\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12 Communication: Mars and Venus: Minimizing Communication Conflict Between Treasurers and Controllers 145\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCash 147\u003c\/p\u003e \u003cp\u003eForecasting 149\u003c\/p\u003e \u003cp\u003eWorking Capital 152\u003c\/p\u003e \u003cp\u003eControls 154\u003c\/p\u003e \u003cp\u003eSummary 155\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13 Building and Developing the Treasury Team 157\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePutting the Puzzle Together 158\u003c\/p\u003e \u003cp\u003eDeveloping the Team 160\u003c\/p\u003e \u003cp\u003eSummary 163\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14 Understanding and Maximizing the Use of Treasury Technology Tools 165\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTechnology Supports the Treasury Role, and Treasury Supports the Organization 166\u003c\/p\u003e \u003cp\u003eTreasury Technology Landscape 167\u003c\/p\u003e \u003cp\u003eExtension and Visibility Services 168\u003c\/p\u003e \u003cp\u003eTreasury Workstation and the Technology Landscape 170\u003c\/p\u003e \u003cp\u003eThe Order of Activities 175\u003c\/p\u003e \u003cp\u003eRespecting Your Time: A Tale of Dashboards and Reports 175\u003c\/p\u003e \u003cp\u003eOther Treasury Systems 177\u003c\/p\u003e \u003cp\u003eManaging Financial Processes 184\u003c\/p\u003e \u003cp\u003eSummary 187\u003c\/p\u003e \u003cp\u003eNotes 187\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15 Advice from Various Treasury Leaders 189\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChange Management 189\u003c\/p\u003e \u003cp\u003eRisk Management 192\u003c\/p\u003e \u003cp\u003eRelationship Management 194\u003c\/p\u003e \u003cp\u003eMindset and Perspectives of the Treasurer 197\u003c\/p\u003e \u003cp\u003eDeveloping Treasury Staff 200\u003c\/p\u003e \u003cp\u003eVision, Strategy, and Execution 201\u003c\/p\u003e \u003cp\u003eReading List 202\u003c\/p\u003e \u003cp\u003eSummary 202\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16 Volatility and Liquidity Management 205\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eProtecting the King 205\u003c\/p\u003e \u003cp\u003eVolatile Times 206\u003c\/p\u003e \u003cp\u003eFinancial Crisis of 2007+ 206\u003c\/p\u003e \u003cp\u003eFinancial Instrument Risk 207\u003c\/p\u003e \u003cp\u003eCounterparties 211\u003c\/p\u003e \u003cp\u003eForeign Exchange Rates 212\u003c\/p\u003e \u003cp\u003eCommodities 213\u003c\/p\u003e \u003cp\u003eRating Agencies 217\u003c\/p\u003e \u003cp\u003eBanks and Insurance Companies 217\u003c\/p\u003e \u003cp\u003eGovernments 221\u003c\/p\u003e \u003cp\u003eSummary 222\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 17 Achieving Visibility to Your Liquidity: Visibility and Process-Automation Requirements for the Strategic Treasurer 223\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAchieving Visibility to Liquidity Requires Internal and External Data 225\u003c\/p\u003e \u003cp\u003ePrerequisites to Achieving Visibility 230\u003c\/p\u003e \u003cp\u003eConnecting Through Networks 231\u003c\/p\u003e \u003cp\u003eAssessing Threats and Impacts to the Organization’s Liquidity 237\u003c\/p\u003e \u003cp\u003eSummary 241\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 18 Envisioning Treasury in the Future 243\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTreasury’s Role in the Corporation 244\u003c\/p\u003e \u003cp\u003eStewardship: Technology Developments and Green Treasury 244\u003c\/p\u003e \u003cp\u003eEverything as a Service: Cloud Computing Comes to Treasury 245\u003c\/p\u003e \u003cp\u003eVisibility and Risk Management 248\u003c\/p\u003e \u003cp\u003eRelationship Power Shifts 251\u003c\/p\u003e \u003cp\u003eLiquidity and Balance Sheet Management 252\u003c\/p\u003e \u003cp\u003eChairing the Working Capital Council and Advising Business Areas 253\u003c\/p\u003e \u003cp\u003eCash, Checks, and Miscellaneous Projections 253\u003c\/p\u003e \u003cp\u003eSome Things Will Not Change 254\u003c\/p\u003e \u003cp\u003eSummary 254\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 19 “Not-to-Do” List for the Treasurer 257\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRelationship Management 258\u003c\/p\u003e \u003cp\u003eTechnology Decisions and Perspectives Don’ts 260\u003c\/p\u003e \u003cp\u003eStaffing, Resources, and Consultants 261\u003c\/p\u003e \u003cp\u003eProjects and Communication 261\u003c\/p\u003e \u003cp\u003eDecisions, Debates, and Assumptions 262\u003c\/p\u003e \u003cp\u003eThe Crowd: Follow or Take the Road Less Traveled 263\u003c\/p\u003e \u003cp\u003eSome Basics 264\u003c\/p\u003e \u003cp\u003eSummary 265\u003c\/p\u003e \u003cp\u003eAppendix 267\u003c\/p\u003e \u003cp\u003eIndex 275\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49402326843735,"sku":"9780470407776","price":65.7,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780470407776.jpg?v=1730480076","url":"https:\/\/bookcurl.com\/products\/the-strategic-treasurer-9780470407776","provider":"Book Curl","version":"1.0","type":"link"}