Please allow me to put his question into perspective. He had suffered through four consecutive years of low milk prices, continually growing expenses (despite our supposedly have only “minimal inflation”), and no profits. These factors were the basis of his question, “Why bother?”
Wow! This has definitely been a tumultuous year in the dairy industry, following the COVID-19 pandemic’s impact. However, if you are reading this, you’ve survived it, and that’s fabulous, but what’s next? What new items, if you achieved them, would substantially push you forward? What would represent a major breakthrough for your Business, your Team […]
Do you ever get frustrated with negative people? You know the type I’m referring to – the ones whose “glass is always half empty but never half full…”
I recently read an interesting article in Inc. magazine by Bill Murphy. It talked about the value or cost of “Social Distancing,” which seems to be a hot topic these days…
As the cost of buildings on your operation continue to rise each year, you certainly wouldn’t think of not covering their replacement with adequate insurance. Yet, have you done the same thing with the primary source of revenue in your business?
Forty years ago, many people held the same jobs for their entire career. There was job security for life… Today, job descriptions are constantly changing, we see lower levels of company loyalty, and many change careers regularly, either out necessity or a desire to seek new opportunities.
“After an inflection point, all bets are off; the industry changes. The forces that drive that change are rarely a surprise, and the change, which appeared to be so gradual, then suddenly comes into play. And the opportunities are there for those who are ready.”
Damien McLoughlin
I suggested that this was a fabulous goal, but not a very defined strategy.
While I realize that the last few months have been difficult with the onset of the Corona-Virus and the severe decrease in milk prices, I hope that you are currently regaining focus and setting new objectives for your operation.
In uncertain times, we don’t always have 100% control over the outcome. However, that is no reason to not continue to push forward.
