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Explore the history of agriculture and the barriers to growth, such as limited access to finance and cultural attitudes towards collaboration. Discover how the agriculture industry is evolving, with a focus on communication, collaboration, profitability, and trust. See how these key drivers are transforming the agri-food supply chain and creating new opportunities for growth. Embrace the discomfort of change and adapt to a new era of agriculture.
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21 January 2014 Appetite for Growth Ian Marshall Deputy President Ulster Farmers’ Union
Appetite for Growth • History of agriculture • A long lead time means that reaction times can be slow • Low margin and low return on invested capital
Restrictions to growth • Access to finance • Confidence • Cultural attitude to collaboration • British and Irish
Change Culture? • Change is uncomfortable • Catalysts for change
So what’s different? • Agriculture and agri-food are no longer the ‘poor relation’ • Agri-food industry in conjunction with government see the opportunities • Foundations are in place
Key drivers for growth in agri-food supply chain • Communication • Collaboration • Profitability • Trust and integrity
In Conclusion … ‘in the business world the view in the rear view mirror is always clearer than the view in the windshield’ Warren Buffet