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Catalogue: GRDC Publications
Failure to meet obligations outlined in a grain contract can be costly to a business, so it is important to have systems in place and manage contracts ... The averages should not be seen as reflecting the overall average price achieved for APW by pool operators... The three key considerations when assessing the forecasting accuracy of a given pool operator is the: n difference between the FPR and the average EPR published during the decision period (i.e. how much less/more did growers receive from what they were expecting)...
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Catalogue: Nuffield Scholar Reports
I believe that Suzanne's comment reflected that while the board and directors had a well-managed and profitable business run in a responsible manner, they had lost touch with public perception and had not recognised or understood that the community now had a different expectation to how water resources are managed... What surprised me with this research was that it was being duplicated in neighbouring states, and that neither trial work had a control plot where a crop was grown under "best management practice" with the yield, response, and economic outcomes being measured against the other trial work... With the communication phase of succession, I believe we need to receive the affirmation of all parties included...
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Catalogue: GRDC Publications
A GUIDE TO COMMUNICATION for Farm Families - the essential ingredient to sustaining families and farms is a free publication... If including gripe sessions (which can be valuable), set a time limit (say, 60 seconds); ensure the person states the issue (not attacks the person); give no right of reply; and, if the gripe is brought up three times at separate meetings, consider it a conflict and deal with it ... In the short term, family gatherings to occur at the parents' home...
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Catalogue: GRDC Updates
Farm Business continuity - key factors for taking farm businesses into the future.. Significant impacts on the family can occur when all decisions are made based on the business and its needs... When family members in a business make the majority of their decisions considering the impacts on business only , the family is often left bearing the negative consequences of these decisions...
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Catalogue: GRDC Updates
Front End - people joining the business.. Back End - people leaving the business.. If family businesses make the majority of their decisions considering the impacts on family only , the business is often left bearing the negative consequences of these decisions...
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Catalogue: GRDC Factsheets
Plan your to manage family farm business changes and the earlier we start succession planning, the more options we will have in responding to the needs of family members and their changing involvement in the farm business... KEY POINtS A succession plan can help farming families and farm businesses to successfully manage anticipated and unforeseen changes in both their family and the business... A long-term strategy having a succession plan is a strategy to help family farm businesses prepare for the long-term transfer of responsibilities, capacity, management, ownership and control of a farm business from one generation of the family to the next...
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Catalogue: GRDC Factsheets
Plan your to manage family farm business changes and the earlier we start succession planning, the more options we will have in responding to the needs of family members and their changing involvement in the farm business... KEY POINtS A succession plan can help farming families and farm businesses to successfully manage anticipated and unforeseen changes in both their family and the business... A long-term strategy having a succession plan is a strategy to help family farm businesses prepare for the long-term transfer of responsibilities, capacity, management, ownership and control of a farm business from one generation of the family to the next...
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Catalogue: GRDC Factsheets
Plan your to manage family farm business changes and the earlier we start succession planning, the more options we will have in responding to the needs of family members and their changing involvement in the farm business... KEY POINtS A succession plan can help farming families and farm businesses to successfully manage anticipated and unforeseen changes in both their family and the business... A long-term strategy having a succession plan is a strategy to help family farm businesses prepare for the long-term transfer of responsibilities, capacity, management, ownership and control of a farm business from one generation of the family to the next...
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Catalogue: GRDC Updates
Farm Business continuity - key factors for taking farm businesses into the future.. Significant impacts on the family can occur when all decisions are made based on the business and its needs... When family members in a business make the majority of their decisions considering the impacts on business only , the family is often left bearing the negative consequences of these decisions...
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Catalogue: GRDC Updates
- Get the "Rs" right! Dennis Hoiberg, Lessons Learnt Consulting Working with families to address their succession issues is emotionally charged, psychologically challenging, but if done well, enormously satisfying for all concerned... If the parents aren't ready to engage, have a conversation with them about their life objectives, their desired quality of life, the legacy they want to leave and what do they see themselves doing in the future... While Australia probably has not the best experience with "Kirribilli agreement" styles of transitions, they do work - as long as the parties are ready to engage, have positive relationships, good relating skills and have an agreed action plan...
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