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Prof. Francesco Solfanelli
UNIVPM - D3A

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0 Organic Farming
0 Risk Assessment
0 Sustainability
0 consumer acceptance and preference
0 agricultural Economic

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Short Biography

Dr. Francesco Solfanelli, Ph.D., (Male) is a senior researcher of Agricultural Economics with 13 years experience primarily related to the economics and market analyses of the organic food sector. He has wide experience in quantitative in econometric modelling of market and non-market goods, in cost-benefit analysis, and project appraisal methods. He has participated to several EU funded RTD projects. He is adjunct professor Economic and Marketing at the Faculty of Agriculture since 2010. He has authored more than 20 scientific papers of which 13 indexed in Scopus (H-index: 5).

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Journal article
Published: 17 March 2021 in Sustainability
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Given the increasing complexity of the agro-food sector, the analysis of financial performance alone may not be sufficient to assess the economic sustainability of farmers. This paper presents a practical method to measure the performance of farm businesses by combining the Balanced Scorecard (BSC) theoretical framework and Importance–Performance Analysis (IPA). The proposed model of Business Performance Indicators (BPI) measurement allows identification and validation of the indicators that consistently measure the latent dimension of the BSC framework while allowing identification Buin of the BPI areas where farm businesses need to concentrate their efforts to assure economic sustainability. The method was applied to small ruminant farm businesses across Europe through visits and interviews. The case study application showed that the model could help measure the performance of small farms while allowing detection of the areas of fragility and intervention. The case study results showed that finance and internal business management were the most relevant farmers’ weaknesses, alongside low priority given to innovation. In conclusion, to prevent the potential long-term decline of the sector, the study provided evidence for policy changes to support the farmers’ innovation potential and a higher level of integration in the supply chain.

ACS Style

Danilo Gambelli; Francesco Solfanelli; Stefano Orsini; Raffaele Zanoli. Measuring the Economic Performance of Small Ruminant Farms Using Balanced Scorecard and Importance-Performance Analysis: A European Case Study. Sustainability 2021, 13, 3321 .

AMA Style

Danilo Gambelli, Francesco Solfanelli, Stefano Orsini, Raffaele Zanoli. Measuring the Economic Performance of Small Ruminant Farms Using Balanced Scorecard and Importance-Performance Analysis: A European Case Study. Sustainability. 2021; 13 (6):3321.

Chicago/Turabian Style

Danilo Gambelli; Francesco Solfanelli; Stefano Orsini; Raffaele Zanoli. 2021. "Measuring the Economic Performance of Small Ruminant Farms Using Balanced Scorecard and Importance-Performance Analysis: A European Case Study." Sustainability 13, no. 6: 3321.