Franco
Visani
Associate Professor of Business Administration and Accounting Studies University of Bologna Core Faculty
Franco Visani Ph.D. is Associate Professor of Business Administration at the University of Bologna, where he teaches financial and management accounting.
He is also Associate Dean for Open Program at Bologna Business School, where he directs the Hybrid MBA and three open programs: Administration, Finance and Control; Finance for non-Finace Managers and Corporate and Individual Performance Measurement. He also teaches in several Professional Masters or Executive programs in the same school where he was voted three times as the best teacher of the school: for the Executive Masters (2011), for the Professional ones (2017) and for the international ones (2019). He has always been active first as a consultant, then as a researcher on the issues of structuring advanced management control systems and business performance analytics, i.e. the use of mathematical or statistical methods to control the performance of the company. In these fields, he has been part of several research projects both in Italy and at the international level. He has published several books and over 50 national and international publications, in particular in highly prestigious international journals such as the European Journal of Operational Research, Omega, International Journal of Production Economics, Journal of International Accounting, Auditing and Taxation and Ecological Economics. He is a member of the Editorial Committee of the “Management Control” magazine and a reviewer of several international journals.
COURSES
A correct layout of the Supply Chain and business Operations requires the skills to assess ex ante the economic and financial effects of the decisions that are taken and to check them ex post. The course adopts this perspective, providing participants with the management accounting tools aimed at understanding the budget of a current or prospective supplier, making assessments for business decisions, understanding the trade-off between discounts and deferments of payment in a commercial negotiation, assessing the Total Cost of Ownership of a supply. All these concepts will be illustrated by means of cases taken from real business applications.
- Economic analysis of the operating processes
- Total Cost of Ownership of the supplier
- Assessment of the financial impact of different layouts of the Supply Chain
- From the purchase cost to the Life Cycle Costing
- Economic-financial analysis of current or prospective suppliers: managerial techniques and assessments
- Value creation throughout the supply chain
Performance Management system course covers the use of economic and financial information to manage competitive advantage; models for the analysis of economic and financial performance; parameters for the valuation of the profitability of a company; financial sustainability for the tax performance of a company; strategic sustainability of a company’s performance; economic and financial benchmarking; budget analysis for the management of vendor client relations; strategic control systems and performance monitoring (Balanced Scorecard); simulation techniques for economic and financial performance; performance management.
Executive MBAIntroduction to basic accounting principles, accounting concepts, and accounting terminology. Financial statement analysis. Basic cost concepts and cost accounting. Introduction to management control principles and techniques.
Marketing ManagementData Marketing and Analytics
Elements of accounting, budgeting and cost analysis. The measurement and interpretation of economic and financial performance of the company. The economic and financial analysis forecasting and budgeting. The calculation and analysis of costs in decision-making and management control. Management control as an operational mechanism. The systems of strategic control and strategic cost management.
HR & OrganizationThe use of economic and financial information to manage competitive advantage. Models for the analysis of economic and financial performance. Parameters for the valuation of the profitability of a company. Financial sustainability for the tax performance of a company. Strategic sustainability of a company’s performance. Economic and financial benchmarking. Budget analysis for the management of vendor client relations. Strategic control systems and performance monitoring (Balanced Scorecard). Simulation techniques for economic and financial performance. Performance management.
Hybrid MBAThe use of economic and financial information to manage competitive advantage. Models for the analysis of economic and financial performance. Parameters for the valuation of the profitability of a company. Financial sustainability for the tax performance of a company. Strategic sustainability of a company’s performance. Economic and financial benchmarking. Budget analysis for the management of vendor client relations. Strategic control systems and performance monitoring (Balanced Scorecard). Simulation techniques for economic and financial performance. Performance management.
The course deals with the assessment of the financial consequences of managerial decisions.
More in details, it tackles different aspects of the topic: the short term impact on profitability, the short term impact on the financial position, the long term impact on the economic value and the strategic impact of the decision.
This differentiated approach allows to manage the trade offs among different dimensions (profitability, financial position and strategy) in order to take more consistent decisions.
Furthermore, part of the program is focused on the exploiting of financial and strategic data through mathematical and statistical approaches with the aim of increasing the effectiveness of managerial decisions.
