85263 - STRATEGIC COST MANAGEMENT

Conoscenze e abilità da conseguire

The goal of this course is to provide students with a comprehensive understanding of cost as a firm’s competitive key success factor and a relevant source for sustainable value creation. Specifically, this course will provide students with the frameworks and techniques for: - comprehend value drivers drivers of business financial performance; analyze firm’s cost; identify business cost drivers; - improve cost performance and to contain and reduce cost inefficiency; - use cost models for design and improve a company business model performance.

Contenuti

The course is divided into two modules.

Module 1 will focus business financial analysis and includes the following topics:

- Business model financial performance and value creation

- Profitability ratios and drivers of profitability

- Assets management ratios

- Financial policy ratios for liquidity and assets coverage analysis

- Operating, financial and overall risk assessment ratios

- Benchmarking

Module 2 will focus on strategic cost analysis and will provide the theoretical framework, models and tools for competitive cost management. Specifically, this module covers the following topics:

- Cost management: the framework

-Activity and process cost analysis techniques

-Cost driver analysis

-Cost planning and prevention: life cycle cost, value analysis and target costing techniques

-Cost management for business modelling

Testi/Bibliografia

To be announced

Metodi didattici

Lectures and case study analysis

Modalità di verifica e valutazione dell'apprendimento

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

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

Strumenti a supporto della didattica

Powerpoint class presentations, additional information about the program, cases and problems are available in the e-learning web site (https://virtuale.unibo.it/course/view.php?id=46502)

 

Orario di ricevimento

Consulta il sito web di Riccardo Silvi

Consulta il sito web di Filippo Boccali