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Managing for Profit

Managing for Profit
Many farmers are highly knowledgeable about growing grain or running livestock. But relatively few hold even basic skills in financial literacy. Are you one of them?
Business managers require skills in four key areas: production, marketing, human resources, and finance. The last of these is a challenge for many South African farmers; if you’re one of...
It’s quick and easy to demotivate someone. In contrast, it takes time and effort to build motivation. If you have demotivated employees, first look in the mirror.
Don’t be caught napping by changes in dietary trends. They could hit your profits hard. The data is there; analyse it and adapt your product range accordingly.
People who simply ‘move’ in their jobs never flourish. ‘Motivated’ employees achieve success, and it’s your job to get them motivated.
All employees have work-related and personal needs. Do your best to meet these, and your business will benefit a hundredfold.
Personal development plans can make all the difference to your employees’ motivation, happiness, and productivity at work. Here’s how to go about implementing them.
New communication technology has changed the world, and will continue doing so. Are you its master or its slave?
Do you as a manager trust your employees? Do they trust you? If not, you will struggle to maximise the potential of your business. Here are some practical tips on...
Who controls it? Who owns it? Who runs it? If you can’t answer these questions clearly, your family business could be headed for conflict.
Trust is a potent force for good. Break it, and you and your business could suffer severe consequences.
Discord and bickering among members set a family business up for failure. A well-managed family council may be the answer.

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