Subject: Can’t, Can’t, Can’t…
Since December 2008, I’ve heard a lot of people stating all the things they can’t do:
- I can’t get my bank on board for the changes I want to make.
- I can’t get production where I want it to be.
- I can’t get feed costs down.
Please allow me to offer a few suggestions:
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As we have proceeded through the year 2009 in what has proven to be a genuine “management test” for most dairy operators, the question I am asked most often are, “How can we do a better job of running our business? What is the secret to stronger returns in a milk market like the current one?” As part of my response, I return to what I consider the basic framework for successfully running any business
I was talking to an executive sitting next to me on a flight from Chicago two weeks ago. As we discussed our business prospects for next year, he sounded absolutely depressed. Given what’s going on in the US economy right now, I can understand why you might be a bit worried. The stock market is down, financing is difficult to locate at present and the big “R word,” recession, is in the air.