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benchmarking

Catalogue: GRDC Updates
Self assessment (or reflection) can benefit individuals, families, and businesses... Businesses can benefit from engaging in a semi formal process of self assessment to ensure regular reflection of performance and relationships... To increase self-awareness we must re-evaluate ourselves and encourage others to do the same...
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Catalogue: Ground Cover
By joining their businesses and applying a set of governing principles, Loxton growers John Gladigau and Robin Schaefer have gone from farming 4000 to 9000 hectares.. I knew I wanted a structure that would enable the integrity and heritage of the family farm to be maintained, while at the same time implementing efficient and profitable business practices," John says... Robin and John believe the future is in larger farms, and collaborative agreements offer opportunities for expansion without losing the integrity of the family's assets...
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Catalogue: GRDC Updates
Each year a set of Rural Directions Pty Ltd clients benchmark their business using Snap Shot NOW TM and SnapShot Premium TM ... The purpose of the process is to help each farm business manager understand how their business is performing on a year on year basis... The following trends outline the cost and income trends for a group of 10 farm businesses in the lower north of South Australia who have been benchmarking their businesses for the last 14 years...
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Catalogue: GRDC Updates
Benchmarking and performance analysis - knowing your key drivers of business success.. Rising cost trends are placing greater pressure on farm businesses to achieve higher breakeven yields and prices and maintain profit margins... The level of income earned can also vary significantly from earlier projections as farmers seek to manage both production (rainfall, frost, pest, grain quality etc.) and marketing (global commodity prices) variables...
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Catalogue: GRDC Updates
Rising cost trends are placing greater pressure on farm businesses to achieve higher yields and prices to maintain profit margins... Long term trends for farm costs and income for Northern NSW show that cost trends have more than doubled from 1989 to 2012, as illustrated in Figure 1... Farm operating cost indicators as a percentage of farm income, showing the performance of the individual farm business (blue needle), group average (grey needle), and top profit group (purple needle)...
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