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Managing for Profit

Managing for Profit
The importance of a succession plan for a farming business cannot be underestimated, and must be prioritised.
Ignoring succession planning, especially in a family business, is highly irresponsible.
Energetic creativity is the difference between mediocre and great managers. But you have to work at it.
It’s your job to find unique ways of adding value to your products to drive up profits.
Take great care to associate with ethical people and avoid those who are not. In turn, provide your colleagues with an impeccable example of integrity.
So often we hear managers say: ‘Our people are our most precious asset’. Here’s a poultry farmer who takes this approach to an entirely new level.
Have you forgotten your most basic job as a farmer – to work alongside nature and leave a farm behind that will provide for years to come?
It pays to develop an ‘attitude of gratitude’. So give thanks and celebrate your own Thanksgiving Day this year.
When it comes to business, suppliers and customers don’t want ‘friendship’. They want good products at a fair price.
If your employees are not providing the creative input you expect from them, look in the mirror. It’s likely that you are the person at fault.
Stephen Covey selected seven essential ‘habits’ for great managers. Which of these are on your list?
Pessimists see no further than the next piece of bad news, and sow despair and unhappiness all around them. If you’re a pessimist, snap out of it!

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