36365 - Performance Management Systems

Learning outcomes

• To obtain basic knowledge on management control systems and performance measurement systems
• To acquire the tools and techniques for developing a financial analysis
• To learn how to assess a firm's profitability and financial position
• To apply financial analysis techniques for supporting the management decision making process
• To design a strategic control system

Course contents

• Role of performance measurement in business organizations
  
• Financial Analysis: Income statement and balance sheet analysis: tools and methods
• Key performance and profitability ratios
• Key financial ratios
• Operating and financial risk analysis
• Industry financial performance analysis and strategic Financial benchmarking
• Performance Measurement systems: principles and tools
• Strategic control systems
• Performance based management

Readings/Bibliography

• R.Silvi, Analisi di bilancio: la prospettiva manageriale, McGraw Hill, Milano, 2012 (capitoli 2, 9, paragrafo 6.5, appendici 4 A1, 4 A2, 6 A1, 8 A, 11 A esclusi). https://www.mheducation.it/analisi-di-bilancio-la-prospettiva-manageriale-9788838667381-italy
  
• R. Silvi, Il controllo strategico, in Lipparini A., L'impresa. Fondamenti di Economia e Gestione Sostenibile, Cap. 10, Il Mulino, Bologna, 2022. https://www.pandoracampus.it/pandora/booksheet/index/ean13/9788815298980
  
• R. Silvi, La progettazione del sistema di misurazione della performance aziendale, Giappichelli Editore, 1995, Capp 1 e 2.
  

• Additional readings to be provided

Teaching methods

Lectures and case studies

 

Assessment methods

Written test and project work (for class attending students only)

18-23: the student has sufficient preparation and analytical skills, spread however, over just few topics taught in the course, the overall jargon is correct

24-27: the student shows and adequate preparation at a technical level with some doubts over the topics. Good, yet not to articulate analytical skills with the use of a correct jargon

28-30: Great knowledge about most of the topics taught in the course, good critical and analytical skills, good usage of the specific jargon

30L: excellent and in depth knowledge of all the topics in the course, excellent critical and analytical skills, excellent usage of specific jargon

Teaching tools

Powerpoint class presentations, additional information about the program, cases and problems with solutions are available in the e-learning web site (https://iol.unibo.it/course/view.php?id=42260). Further exercises, solutions and additional readings are available in the text Analisi di bilancio: la prospettiva manageriale (https://www.mheducation.it/9788838667381-italy-analisi-di-bilancio--la-prospettiva-manageriale ) web site.

Office hours

See the website of Riccardo Silvi