Jeff Rusch, Glenn Stolt - Evolution And Change: Preparing For Tomorrow
•
2 likes•420 views
Evolution And Change: Preparing For Tomorrow - Glenn Stolt, Christensen Farms CEO, and Jeff Rusch, Christensen Farms Vice President of Production, Health and Nutrition, from the 2015 Allen D. Leman Swine Conference, September 19-22, 2015, St. Paul, Minnesota, USA. More presentations at http://www.swinecast.com/2015-leman-swine-conference-material
Recommended
More Related Content
Viewers also liked
Viewers also liked (10)
Similar to Jeff Rusch, Glenn Stolt - Evolution And Change: Preparing For Tomorrow
Similar to Jeff Rusch, Glenn Stolt - Evolution And Change: Preparing For Tomorrow (20)
More from John Blue
More from John Blue (20)
Recently uploaded
Recently uploaded (20)
Jeff Rusch, Glenn Stolt - Evolution And Change: Preparing For Tomorrow
- 1. Evolution and Change – Preparing for Tomorrow 2015 Allen D. Leman Swine Conference September 22, 2015
- 2. One of the largest integrated pork producers in the United States Presence across nine states (Minnesota, Iowa, Illinois, Nebraska, Colorado, South Dakota, Missouri, Utah, and Montana ) Employs approximately 1,200 people and holds over 1,500 contract relationships (live production) Manages 175,000 sows on 54 sow farms (company-owned) and over 450 nurseries and grow finish sites (both company-owned and contracted) Operates 5 company-owned feed mills located in Minnesota, Iowa, Nebraska, and South Dakota Markets approximately 4 million hogs per year through Triumph Foods and other key packer/partner relationships The largest stakeholder of Triumph Foods located in St. Joseph, Missouri Through Triumph Foods, Triumph members own 50 percent of Daily’s Premium Meats Triumph Foods and Seaboard Foods partners to launch new harvesting plant in Sioux City, Iowa About Christensen Farms 3Respect ⦁ Integrity ⦁ Excellence ⦁ Adaptability ⦁ Innovation
- 3. U.S. Sow Base – 1994 to 2014 4 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 200,000 0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 7,000,000 8,000,000 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 CAGR ChristensenFarms SowBaseandTop25 Pork Powerhouse # of Sows Top 25 Total Sow Base Christensen Farms 514.84% 61.15% 55.63% Source of data: Pork Powerhouse Ranking
- 4. 2014 U.S. Pork Powerhouses 5
- 5. A Timeline of Significant Events and Decisions Leading Through Major Inflection Points 6 2010 Bob Christensen Pursues Talent Acquisition 2011 2012 Christensen Farms Recovers from ‘08/’09 Bob Christensen Suddenly Passes Away 2013 Strategic Investment Plan – More Than $100 Million Plan 2013 2014 2014 2014 PEDv Hits Christensen Farms Christensen Farms Acquires Exetare Partnership Christensen Farms Sets Future Strategic Direction Christensen Farms Launches Organizational and Individual Development Process 2014 Christensen Farms Sets New Performance Goals 2014 Triumph Foods Acquires 50 Percent of Daily’s Premium Meats 2015 Triumph Foods and Seaboard Foods Announce New Sioux City Plant 2015 Christensen Farms Responds to Animal Welfare Situation
- 6. A Timeline of Significant Events and Decisions Leading Through Major Inflection Points 7 2010 2011 2012 Christensen Farms Recovers from ‘08/’09 Bob Christensen Suddenly Passes Away 2013 Strategic Investment Plan – More Than $100 Million Plan 2013 2014 2014 2014 PEDv Hits Christensen Farms Christensen Farms Acquires Exetare Partnership Christensen Farms Sets Future Strategic Direction Christensen Farms Launches Organizational and Individual Development Process 2014 Christensen Farms Sets New Performance Goals 2014 Triumph Foods Acquires 50 Percent of Daily’s Premium Meats 2015 Triumph Foods and Seaboard Foods Announce New Sioux City Plant 2015 Christensen Farms Responds to Animal Welfare Situation Bob Christensen Pursues Talent Acquisition
- 7. 2010 – Bob Pursues Talent Acquisition 8
- 8. A Timeline of Significant Events and Decisions Leading Through Major Inflection Points 9 2010 2011 2012 Christensen Farms Recovers from ‘08/’09 Bob Christensen Suddenly Passes Away 2013 Strategic Investment Plan – More Than $100 Million Plan 2013 2014 2014 2014 PEDv Hits Christensen Farms Christensen Farms Acquires Exetare Partnership Christensen Farms Sets Future Strategic Direction Christensen Farms Launches Organizational and Individual Development Process 2014 Christensen Farms Sets New Performance Goals 2014 Triumph Foods Acquires 50 Percent of Daily’s Premium Meats 2015 Triumph Foods and Seaboard Foods Announce New Sioux City Plant 2015 Christensen Farms Responds to Animal Welfare Situation Bob Christensen Pursues Talent Acquisition
- 9. 2011 – CF Recovers From ‘08/’09 10 • Sow Expansion • Foreign Animal Disease • Export Market Availability • Labor Availability “I think we’re in good enough shape to start making the same mistakes again.”
- 10. A Timeline of Significant Events and Decisions Leading Through Major Inflection Points 11 2010 2011 2012 Christensen Farms Recovers from ‘08/’09 Bob Christensen Suddenly Passes Away 2013 Strategic Investment Plan – More Than $100 Million Plan 2013 2014 2014 2014 PEDv Hits Christensen Farms Christensen Farms Acquires Exetare Partnership Christensen Farms Sets Future Strategic Direction Christensen Farms Launches Organizational and Individual Development Process 2014 Christensen Farms Sets New Performance Goals 2014 Triumph Foods Acquires 50 Percent of Daily’s Premium Meats 2015 Triumph Foods and Seaboard Foods Announce New Sioux City Plant 2015 Christensen Farms Responds to Animal Welfare Situation Bob Christensen Pursues Talent Acquisition
- 11. November 3, 2012 – Passing of Bob 12 Bob Christensen 1961 - 2012 Recognized as an Industry Leader
- 12. A Timeline of Significant Events and Decisions Leading Through Major Inflection Points 13 2010 2011 2012 Christensen Farms Recovers from ‘08/’09 Bob Christensen Suddenly Passes Away 2013 Strategic Investment Plan – More Than $100 Million Plan 2013 2014 2014 2014 PEDv Hits Christensen Farms Christensen Farms Acquires Exetare Partnership Christensen Farms Sets Future Strategic Direction Christensen Farms Launches Organizational and Individual Development Process 2014 Christensen Farms Sets New Performance Goals 2014 Triumph Foods Acquires 50 Percent of Daily’s Premium Meats 2015 Triumph Foods and Seaboard Foods Announce New Sioux City Plant 2015 Christensen Farms Responds to Animal Welfare Situation Bob Christensen Pursues Talent Acquisition
- 13. 2013 – CF Launches Investment Plan 14
- 14. A Timeline of Significant Events and Decisions Leading Through Major Inflection Points 15 2010 2011 2012 Christensen Farms Recovers from ‘08/’09 Bob Christensen Suddenly Passes Away 2013 Strategic Investment Plan – More Than $100 Million Plan 2013 2014 2014 2014 PEDv Hits Christensen Farms Christensen Farms Acquires Exetare Partnership Christensen Farms Sets Future Strategic Direction Christensen Farms Launches Organizational and Individual Development Process 2014 Christensen Farms Sets New Performance Goals 2014 Triumph Foods Acquires 50 Percent of Daily’s Premium Meats 2015 Triumph Foods and Seaboard Foods Announce New Sioux City Plant 2015 Christensen Farms Responds to Animal Welfare Situation Bob Christensen Pursues Talent Acquisition
- 15. PEDv Hits Christensen Farms 16
- 16. A Timeline of Significant Events and Decisions Leading Through Major Inflection Points 17 2010 2011 2012 Christensen Farms Recovers from ‘08/’09 Bob Christensen Suddenly Passes Away 2013 Strategic Investment Plan – More Than $100 Million Plan 2013 2014 2014 2014 PEDv Hits Christensen Farms Christensen Farms Acquires Exetare Partnership Christensen Farms Sets Future Strategic Direction Christensen Farms Launches Organizational and Individual Development Process 2014 Christensen Farms Sets New Performance Goals 2014 Triumph Foods Acquires 50 Percent of Daily’s Premium Meats 2015 Triumph Foods and Seaboard Foods Announce New Sioux City Plant 2015 Christensen Farms Responds to Animal Welfare Situation Bob Christensen Pursues Talent Acquisition
- 17. January, 2014 – CF Acquires Exetare 18
- 18. A Timeline of Significant Events and Decisions Leading Through Major Inflection Points 19 2010 2011 2012 Christensen Farms Recovers from ‘08/’09 Bob Christensen Suddenly Passes Away 2013 Strategic Investment Plan – More Than $100 Million Plan 2013 2014 2014 2014 PEDv Hits Christensen Farms Christensen Farms Acquires Exetare Partnership Christensen Farms Sets Future Strategic Direction Christensen Farms Launches Organizational and Individual Development Process 2014 Christensen Farms Sets New Performance Goals 2014 Triumph Foods Acquires 50 Percent of Daily’s Premium Meats 2015 Triumph Foods and Seaboard Foods Announce New Sioux City Plant 2015 Christensen Farms Responds to Animal Welfare Situation Bob Christensen Pursues Talent Acquisition
- 19. 1. Review and Recommit to CF’s Mission, Values and Focus on People 2. Launch an Organizational and Individual Talent and Leadership Development Program 3. Strengthen the Foundation - Best in Cost – Top 10% in Agri-stats and Other Available Benchmarks 4. Enhance Liquidity Position to Manage / Weather Business Volatility 5. Seek Strategic Growth Opportunities within the Core Business or within Ancillary Verticals 6. Capture the Full Value of an Integrated Model March 24, 2014 – Strategic Priorities 20
- 20. Two Tracks of a Successful Business The goal is to maximize speed, decrease friction, minimize resource requirements, and expand the capacity of the organization Strategy & Business TrackLeadership & Team Track 21
- 21. Our Mission 22 The Christensen Farms team is committed to and takes pride in being an industry leader in responsibly producing quality pork for the noble purpose of providing food to a growing world.
- 22. 23 Respect We honor the contributions and accomplishments of others and embrace the diversity of individuals. Integrity We will do what is right every day, even when no one is looking. Excellence We continuously strive to be the best in the industry. Adaptable We anticipate, pursue, and embrace change for the benefit of the organization. Innovative We continuously seek and communicate new ideas that drive improvements in the business, regardless of position. Our Values
- 23. Our People 24
- 24. A Timeline of Significant Events and Decisions Leading Through Major Inflection Points 25 2010 2011 2012 Christensen Farms Recovers from ‘08/’09 Bob Christensen Suddenly Passes Away 2013 Strategic Investment Plan – More Than $100 Million Plan 2013 2014 2014 2014 PEDv Hits Christensen Farms Christensen Farms Acquires Exetare Partnership Christensen Farms Sets Future Strategic Direction Christensen Farms Launches Organizational and Individual Development Process 2014 Christensen Farms Sets New Performance Goals 2014 Triumph Foods Acquires 50 Percent of Daily’s Premium Meats 2015 Triumph Foods and Seaboard Foods Announce New Sioux City Plant 2015 Christensen Farms Responds to Animal Welfare Situation Bob Christensen Pursues Talent Acquisition
- 25. High Performing Organizations 26 High Performing Organizations Starts with People and How They Work in Teams High Performing Organizations Collaborative and Productive Teams Talented Individuals and Leaders
- 26. People Strategies: Integrated Approach Alignment is achieved throughout the organization by establishing a leadership competency model that articulates a common set of leadership norms and expectations. Three people strategies are leveraged to communicate expectations, assess gaps, and prepare leaders and team members for success. 27
- 27. Examining Performance and Potential 28
- 28. • Partnered with 2 Ph.D. Industrial Psychologists and 1 Professional Individual and Team Coach • Leaders Underwent a Comprehensive Assessment Process Testing Cognitive, Social and Leadership Qualities Using the Following: ₋ Hogan Personality Inventory and Development Survey ₋ California Psychological Inventory ₋ Occupational Personality Questionaire ₋ In-Basket Simulation ₋ Two Cognitive Numeric and Verbal Testing Exercises ₋ Interview with Industrial Psychologists • Individual Development Plans and Alignment Meetings • Team Assessments, Exercises and Coaching Individual and Team Assessment 29
- 29. Performance and Potential Development 30
- 30. • What are the natural strengths of our leadership? • How do we communicate? • How do we make decisions? • How do we manage change? • How do we manage conflict? • How can we work together and more fully engage the organization? 31 How Do We Lead The Organization?
- 31. A Timeline of Significant Events and Decisions Leading Through Major Inflection Points 32 2010 2011 2012 Christensen Farms Recovers from ‘08/’09 Bob Christensen Suddenly Passes Away 2013 Strategic Investment Plan – More Than $100 Million Plan 2013 2014 2014 2014 PEDv Hits Christensen Farms Christensen Farms Acquires Exetare Partnership Christensen Farms Sets Future Strategic Direction Christensen Farms Launches Organizational and Individual Development Process 2014 Christensen Farms Sets New Performance Goals 2014 Triumph Foods Acquires 50 Percent of Daily’s Premium Meats 2015 Triumph Foods and Seaboard Foods Announce New Sioux City Plant 2015 Christensen Farms Responds to Animal Welfare Situation Bob Christensen Pursues Talent Acquisition
- 32. CF Production at a Glance 33 3.00 4.00 5.00 6.00 7.00 8.00 9.00 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 Wean to Market Mortality % 6.12 7.01 7.32 7.39 8.75 8.04 Wean to Market Mortality % $0.15 $0.20 $0.25 $0.30 $0.35 $0.40 $0.45 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 Feed Cost $/Lb of Gain $0.27 $0.38 $0.39 $0.41 $0.33 $0.28 Feed Cost $/Lb of Gain 26.50 27.00 27.50 28.00 28.50 29.00 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 Pigs/MatedSow/Yr 28.19 28.18 28.32 28.52 27.19 28.39 Pigs/MatedSow/Yr 4,500 5,000 5,500 6,000 6,500 7,000 7,500 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 Lbs. Mated Sow/Yr 6,793 6,593 6,344 6,403 7,020 6,672 Avg. Weight 276.41 275.48 272.31 268.53 279.11 274.78 Lbs/Mated Sow/Yr
- 33. Comprehensive Business Accountability • Employee and Animal Safety • Animal Wellbeing/Compliance • Human Resource Management • Turnover and Retention • Environmental Monitoring • Asset Management • Cost/Input Management • Biosecurity Compliance Empowerment & Accountability 34 Production Key Performance Indicators • Breed/Farrow Target • Total Born/Born Alive • PWM • SDL • Replacement/Removals • Farrow Rate • LSY • PSY
- 34. Jul2011 Aug2011 Sep2011 Oct2011 Nov2011 Dec2011 Jan2012 Feb2012 Mar2012 Apr2012 May2012 Jun2012 Jul2012 Aug2012 Sep2012 Oct2012 Nov2012 Dec2012 Jan2013 Feb2013 Mar2013 Apr2013 May2013 Jun2013 Jul2013 Aug2013 Sep2013 Oct2013 Nov2013 Dec2013 Jan2014 Feb2014 Mar2014 Apr2014 May2014 Jun2014 Jul2014 Aug2014 Sep2014 Oct2014 Nov2014 Dec2014 Jan2015 Feb2015 Mar2015 Apr2015 May2015 Dollar Cost Advantage/(Disadvantage) to the Avg. Co in Agri-Stats (12 Month) WP/Cwt Nursery/Cwt Gain Finish/Cwt Gain WTF/Cwt Gain Cwt $ Total 35 $0 Measuring Success and Progress
- 35. 36 Equity per Sow FY 2008 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 Forecast Equity per Sow
- 36. A Timeline of Significant Events and Decisions Leading Through Major Inflection Points 37 2010 2011 2012 Christensen Farms Recovers from ‘08/’09 Bob Christensen Suddenly Passes Away 2013 Strategic Investment Plan – More Than $100 Million Plan 2013 2014 2014 2014 PEDv Hits Christensen Farms Christensen Farms Acquires Exetare Partnership Christensen Farms Sets Future Strategic Direction Christensen Farms Launches Organizational and Individual Development Process 2014 Christensen Farms Sets New Performance Goals 2014 Triumph Foods Acquires 50 Percent of Daily’s Premium Meats 2015 Triumph Foods and Seaboard Foods Announce New Sioux City Plant 2015 Christensen Farms Responds to Animal Welfare Situation Bob Christensen Pursues Talent Acquisition
- 37. Daily’s Premium Meats 38 September, 2014
- 38. A Timeline of Significant Events and Decisions Leading Through Major Inflection Points 39 2010 2011 2012 Christensen Farms Recovers from ‘08/’09 Bob Christensen Suddenly Passes Away 2013 Strategic Investment Plan – More Than $100 Million Plan 2013 2014 2014 2014 PEDv Hits Christensen Farms Christensen Farms Acquires Exetare Partnership Christensen Farms Sets Future Strategic Direction Christensen Farms Launches Organizational and Individual Development Process 2014 Christensen Farms Sets New Performance Goals 2014 Triumph Foods Acquires 50 Percent of Daily’s Premium Meats 2015 Triumph Foods and Seaboard Foods Announce New Sioux City Plant 2015 Christensen Farms Responds to Animal Welfare Situation Bob Christensen Pursues Talent Acquisition
- 39. Sioux City, Iowa Plant Expansion 40 April, 2015
- 40. A Timeline of Significant Events and Decisions Leading Through Major Inflection Points 41 2010 2011 2012 Christensen Farms Recovers from ‘08/’09 Bob Christensen Suddenly Passes Away 2013 Strategic Investment Plan – More Than $100 Million Plan 2013 2014 2014 2014 PEDv Hits Christensen Farms Christensen Farms Acquires Exetare Partnership Christensen Farms Sets Future Strategic Direction Christensen Farms Launches Organizational and Individual Development Process 2014 Christensen Farms Sets New Performance Goals 2014 Triumph Foods Acquires 50 Percent of Daily’s Premium Meats 2015 Triumph Foods and Seaboard Foods Announce New Sioux City Plant 2015 Christensen Farms Responds to Animal Welfare Situation Bob Christensen Pursues Talent Acquisition
- 42. Integrated Model – Pork Value Chain 43 Bio-Security, Health & Animal Welfare Management Nutrient Management Further Processing and Direct Markets Designates Christensen Farms Complete or Partial Ownership Retail Restaurant Primary Processing Packer Partners Triumph Foods Marketing Partner STF
- 43. Christensen Farms 44 Our Mission Our Values Our People Our Strategies The Christensen Farms Team is committed to and takes pride in being an industry leader in responsibly producing high quality pork for the noble purpose of providing food to a growing world. VISION 2020 Respect Integrity Excellence Adaptability Innovation Our People are Our Most Valuable Asset Our Focus is to Attract and Retain Highly Motivated Talent Our Goal is to Provide a Growth and Development Oriented Culture Our Pursuit is to Work as a Team and Recognize the Accomplishments of Our People Strengthen the Foundation Organizational and Talent Development Capture Full Value of the Integrated Model Seek Strategic Growth and Ancillary Business Opportunities