Days of the Handshake Are Gone
The savings and loan debacle of the 1980’s changed forever how banks were required to document and monitor loans. 2008’s financial meltdown simply amplified this same effect.
This author has not written his bio yet.
But we are proud to say that amindaxer contributed 151 entries already.
The savings and loan debacle of the 1980’s changed forever how banks were required to document and monitor loans. 2008’s financial meltdown simply amplified this same effect.
“Wow! Isn’t that exactly what we are facing in the dairy industry almost every year?”
At a Leadership Conference at Duke University several years ago, I enjoyed a keynote address given by Duke University’s head basketball coach Mike Krzyzewski entitled “Building a World Class Team.”
Set goals for your Team and tell them what’s in it for them. For Coach K, it has been to win multiple gold medals for the United States. For you it might be to increase production per cow to a certain level or to reduce the average days open in your herd and shorten your calving interval. You decide. You might be surprised how interested your employees are in helping you reach your goals.
Since early 2015, the dairy industry has been a difficult place to operate. Despite feed costs dropping considerably these past two years, the decrease in this expense area pales in comparison to the precipitous drop we have seen in milk prices since the end of 2014.
To survive and thrive, we need to move faster, act more decisively, and respond more courageously. There has never been a better time to increase our efficiencies than now.
As Victor Frankl said of his experience at Auschwitz, the vilest of Nazi concentration camps, his survival depended upon the realization that his old life was over. His new life and future would be vastly different. The same holds true for us in the dairy industry. The old game is over. We are in a new game now.
These past two years have forced many producers to decide whether they are truly committed to being in the dairy industry long term.
Do you ever feel like your operation needs some fresh thinking? I do. That’s precisely why I read so many different books and publications…to get great new ideas. It helps to build exciting new challenges into our daily activities.
Wow! This is true for so many of us that run our own businesses, including myself. I would like to suggest that we start to focus on the items that really matter, the reasons you are actually in business to begin with.
Success Strategies, Inc.
209.988.8960 Phone
209-343-3937. FAX