STRATEGIC MANAGEMENT AND BUSINESS VALUATION
The course is designed to introduce students to strategic management and business valuation. The emphasis is on the way in which organizations attempt to create and sustain competitive advantage. The course is intended to provide the students with a pragmatic approach that will guide, also by case studies, to the strategic process and the business valuation.
- will know models, methods and tools of strategic management and business valuation;
- will be able to use tools of strategic management and business valuation methods.
Business administration and Accounting.
The firm's success. The corporate strategies. The competitive environment. The business strategies. The portfolio strategy. The financial strategy. The resources strategy. The boundaries strategy. The operations strategy. The strategic management and the change management. The communication of strategy. Strategic analysis tools. The value creation. The Net Present valuations. The accounting based valuations. The mix valuations. The relative valuations. Case studies.
Lectures, tutorials and case studies.
Galeotti M., Garzella S. (2013), Governo strategico dell’azienda, Giappichelli, Torino.
Corbella S., Liberatore, G., Tiscini R. (2020), Manuale di valutazione d’azienda, McGraw-Hill, Milano.
THOMPSON, A. J. STRICKLAND, J. E. GAMBLE, Crafting and Executing Strategy: The Quest for Competitive Advantage: Concepts and Cases. McGraw-Hill, Last edition.
T. Koller, M. Goedhart , David Wessels Valuation: Measuring and Managing the Value of Companies, 5th Edition, John Wiley & Sons, New Jersey, 2010
Slides with additional material are available on e-learning portal
Additional suggested readings will be provided during the course.
The assessment of expected learning outcomes will take place in several ways and at different times. Specifically, learning outcomes will be verified in itinere through training tests based on: Tests aimed at knowledge assessment; Case studies, aimed at skills assessment. At the end of the course the expected learning outcomes will be verified by an oral exam. Depending on the number of enrolled students, the module coordinator should provide a preliminary written test consisting of questions and exercises. The successful written test will allow students to have access to the oral exam.