Includes bibliographical references (pages 249-255) and index.

Business strategy, financial strategy, and HR strategy -- The income statement: do we care about more than the bottom line? -- The balance sheet: if our people are our most important asset where do they show up on the balance sheet? -- Cash flows: timing is everything -- Financial statements as a window into business strategy -- Stocks, bonds, and the weighted average cost of capital -- Capital budgeting and discounted cash flow analysis -- Financial analysis of human resource initiatives -- Financial analysis of strategic initiatives -- Equity based compensation: stock and stock options -- Financial aspects of pension and retirement programs -- Creating value and rewarding value creation.