Franco
Visani
Italy Associate Professor of Business Administration University of Bologna Core Faculty
Franco Visani, Ph.D., is an Associate at the University of Bologna, where he teaches financial and management accounting. He is the Associate Dean for Open Programs at Bologna Business School, where he also directs the Hybrid MBA and two open programs: Administration, Finance, and Control, and Finance for Non-Finance Managers. Additionally, he teaches in several Executive Master’s programs at the same school, where he has been voted best teacher four times: for Executive Masters (2011 and 2021), for Professional Masters (2017), and for international programs (2019).
He has always been active, first as a consultant and then as a researcher, in the fields of advanced Management Control Systems and business performance analytics, which involve the use of mathematical-statistical methods for performance control. In these areas, he has participated in numerous national and international research programs. On these topics, he has authored various monographs and over 50 national and international publications, particularly 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 Board of the journal “Controllo di Gestione” and a reviewer for 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.
