Managing for Profit

'A crucial part of any manager's job is to recognise risk and manage it. Here's how it's done.'

'If you're an exporter, [foreign exchange] is one of your top risks, and yet again and again I come across farmers who pay scant attention to it.'

“Dudley's prices are ridiculous,” said Joe, “I can buy better quality animals at a lot less, including transport, from Solly in Middelberg.” “Rubbish,” responded Dudley, “Our animals are younger and...

'It's simple, really. The answer is computer technology, and an excellent analysis and understanding of the difference between fixed and variable cost.'

'You must know the difference between fixed and variable costs, and understand the vital concept of marginal cost and income… and it's really a piece of cake.'

'Here we were both speaking English, but without understanding each other. It's often like this in business too, and it's a mess.'

'A reasonably accurate crop estimate is an essential step in the annual management cycle... and with fruit we seem to get it hopelessly wrong...'

'If you're producing a food product that the bappies consider unpalatable, you're heading for trouble.'

'It's all about energy efficiency, which apart from saving the planet, saves the cash flow.

'Our economy from an emissions perspective is more inefficient than Poland, India and even the US.'Issue Date: 30 March 2007

'In every month this summer, evaporation has been much higher than the long-term average.'...Issue date:23 March 2007

'Without understanding the key words of accounting-speak, it's a bit like trying to read Greek.' Issue Date 16 March 2007