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Srdc presentation 1 dec 201 sue middleton presentation


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Srdc presentation 1 dec 201 sue middleton presentation

  2. 2. Farming Businesses Leadership Positions Grassroots (Rural Community Development) Family and community Who am I?
  3. 3. Drivers Australian Agriculture • Changing consumer demand • 80/20 rule fast becoming 90/10 • Adding value • Climate variability • Peaks and troughs of the commodity market • Technology pot-hole • Policy risks • New generation of farmers
  4. 4. Impact on Family Farms • Family farms make up 93% of Australian agriculture • ROA for middle and bottom of each market below bond rate • Pressure from variable climate • Increased rate of aggregation • Increased debt • Feeling isolated from policy decisions • Urgent need for new sets of skills (marketing, risk management, investment management, systems development, HR management) • Need for strong business background and education
  5. 5. Challenges
  6. 6. Directing Investment Wild Cats Star Dog Cash cow ????? MARKETATTRACTIVENESS BUSINESS STRENGTH
  7. 7. Assessing and Managing Risk
  8. 8. Factoring in Uncertainty • Predictive capacity – scanning and foresighting – how porous is your business? What is coming over the horizon? • Liquidity – is it sufficient? • Capital raising capacity (equity, debt) under stress? • What’s your spread of risks and opportunities? • Complexity of the system you’re in – how are other players acting? What is the value chain doing? • Which lever can you use PRICE X YIELD - COST
  9. 9. Adaptive Capacity External Focus Network connectedness Inquisitiveness Innovation Reference: Carl Sussman
  10. 10. Family farm – Decision making processes • Challenge of getting everyone on the same page and keeping them there! • Building dynamic processes that allow entry, exit, shareholding managed as assets • Handling leadership transitions • Continuous renewal of the business model • Performance management within a family • Making business decisions, not based on family dynamic
  11. 11. What’s happening to Women? • Working more on farm • Working more to managing the farm business • Working more off farm • More involved in community and volunteering activities • Reduced time with family and reduced leisure time Ref: Curtin University Research
  12. 12. Factors in Women’s Participation Confidence Skills and capacity Structural barriers Resistance to change Cultural barriers
  13. 13. My RIRDC Project • Develop a decision support tool to enable commercialisation of the technology on farm. • Business case development and promotion. • Look at examples of regional community anerobic digestors for potential application in Wheatbelt communities of WA. • Future – environmentally branded pork product (market eco-credentials)
  14. 14. The future belongs to those that believe in the beauty of their dreams Eleanor Roosevelt
  15. 15. Thank you for your time! Sue Middleton P 08 96711915 M 0427 996 730 E:
  16. 16. NAMADGI NATIONAL PARK, ACT Is this the image you visualised?
  17. 17. Mark Whitten – Extension Officer Department of Employment, Economic Development and Innovation
  18. 18. Small Group Challenges Exploring communication, support, encouragement and success parameters......and for the majority becoming familiarised with the emotions attached to fear of heights.
  19. 19. BASIC CAMPING A team building exercise in itself!
  20. 20. Intense physical activity to explore performance under pressure and group motivation strategies
  21. 21. Chasing an Elephant with a 4WD
  22. 22. SECRETS of a SUCCESSFUL 4WD TEAM Communication Support Encouragement Planning
  23. 23. ABSEIL 1 ABSEIL 2
  24. 24. ABSEIL 2
  25. 25. TEAMWORK – Abseiling for Backpacks
  27. 27. VALUES JOURNEY “Personal Leadership is the process of keeping your vision and values before you and aligning your life to be congruent with them” - Stephen R. Covey (Author The 7 Habits of Highly Effective People)
  28. 28. Visiting ‘Our House’ - Question Time in both the Senate & House of Representatives - Meeting with Senator Gary Humphries (Member for the ACT) - Back of House Tour - Networking with MP’s and Staff
  29. 29. Tools Acquired in the Classroom Public Speaking Communication and Body Language Persuasion & Effective Presentations Management vs. Leadership Facilitating effective meetings Conflict Management and Crucial Conversations Understanding Group Dynamics
  30. 30. Invaluable Tools Ideas shared, Networks expanded and Friendships formed
  31. 31. TRAIL Participants 2010
  32. 32. Thankyou SRDC for your support