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decisions

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: GRDC Updates
Succession planning must be seen as an ongoing process of high-quality human resource management.. The approach applies equally to consulting businesses as it does to farming businesses... The three basic principles we applied are: everyone in the business knows their role and responsibility clearly and is rewarded the capital contributed or used by the business (in the case of RMCG the buildings) are rented from the owners of the capital the profit is distributed after everyone is rewarded and the capital is rented based on this share of ownership of the business...
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Catalogue: GRDC Updates
Understanding farmer decision making and adoption behaviour.. The model shown below describes factors involved in decision making processes... While the decisions made might not result in the optimal outcome, intuitive decisions are usually right if they 'feel' right...
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Catalogue: GRDC Media
The Grains Research and Development Corporation (GRDC) has produced a Fact Sheet to enable grain growers to develop a better understanding of their farm business's risk profile... Understanding the business's risk profile can improve communication and result in better decision making... The Fact Sheet, produced as part of the GRDC's Farm Business Management initiative that was instigated by the GRDC Southern Regional Panel, offers information on risk capacity and attitude to risk, illustrates a risk profile through a case study and advises growers on how they can use the information contained in the Fact Sheet...
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Catalogue: GRDC Factsheets
MAKING EFFECTIVE BUSINESS DECISIONS.. Decisiveness is a well recognised skill in business and is the result of an effective decision making process... To make more effective decisions: be clear on the desired outcome; be objective and communicate clearly; listen to your gut feeling, be aware of your emotions, but also consider the data and information available to you; discuss the alternatives with business partners and an external source such as a neighbour, trusted adviser or discussion group; and Try not to procrastinate in making the decision...
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Catalogue: GRDC Updates
Framing a Problem; often the way a question is posed will influence our decision... Forcing or executing a decision knowing agreement has NOT been reached... Emotions Distort Decision Making..
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Catalogue: GRDC Updates
Soil moisture probes like any other component of precision ag can help people confirm decisions or take decision making to another level... Management decisions determining crop type, inputs such as nutrition and disease control are the ones identified where knowledge of deep soil moisture levels may assist with risk management... The objective is to demonstrate the capability of soil moisture monitoring technology with remote communication systems to display soil moisture data from key cropping regions across Victoria and determine how this information can be used by both agronomist and farmers...
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Catalogue: GRDC Updates
Soil quality is currently being measured in grain-producing areas across Australia... A selection of the biological, chemical and physical indicators of soil quality measured as part of the Monitoring Program, are shown in Table 1, which also lists how each indicator can be related to soil quality and production... The information on the website is provided in a number of formats including a 'traffic light' snap shot where each measure of soil quality is partitioned into ranges that are assigned green, amber and red status...
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