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Factors Driving Future Plant Siting and Expansion? Minnesota–Wisconsin Dairy Policy Conference.

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Presentation on theme: "Factors Driving Future Plant Siting and Expansion? Minnesota–Wisconsin Dairy Policy Conference."— Presentation transcript:

1 Factors Driving Future Plant Siting and Expansion? Minnesota–Wisconsin Dairy Policy Conference

2 Economic Principles Excellence is required for long term business success The greater the specialization the greater the necessity for excellence

3

4 Economic Principles Excellence is required for long term business success The greater the specialization the greater the necessity for excellence A business must become excellent before becoming larger The low cost producer thrives in production of commodities, like milk

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6 Economic Principles Excellence is required for long term business success The greater the specialization the greater the necessity for excellence A business must become excellent before becoming larger The low cost producer thrives in production of commodities, like milk

7 My childhoodToday

8 2042 ????? Today

9

10 b

11 TURBULENCE

12 What is the greatest change in how you lead and manage as a result of the increased variability? TURBULENCE x TURBULENCE

13 Bob’s answer: Increased Urgency

14 What does increased urgency create in most business cultures? Stress Anxiety Feelings of being overwhelmed Pessimism Reduce motivation Increased turnover

15 The $64,000 Question How do we create a sense of urgency without hurting: Farm culture Motivation Productivity Job Satisfaction

16 The $64,000 Question How do we create a sense of urgency without hurting: Farm culture Motivation Productivity Job Satisfaction The Answer: POSITIVE URGENCY

17 The Four Keys to Positive Urgency Mindset Change Key #1: Strategic Leadership – Think Like a CEO Key #2: View change as opportunity. Implementing Positive Urgency Key #3 - Focus on what is Important. Key #4 - Workforce is Committed to and Engaged in Farm Success.

18 Worker to Operations Manager to Chief Executive Worker to Operations Manager Worker

19 The Chief Executive The future of the farm business needs to be someone’s top priority.

20 Understanding Your Reaction Change as loss Change as opportunity ?

21 Understanding Your Reaction Change as loss Change as opportunity ?

22 Change as loss Change as opportunity Change as opportunity

23 The Four Keys to Positive Urgency Mindset Change Key #1: Strategic Leadership – Think Like a CEO Key #2: View change as opportunity. Implementing Positive Urgency Key #3 - Focus on what is Important. Key #4 - Workforce is Committed to and Engaged in Farm Success.


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