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Increasing the Effectiveness of Farm and Family Meetings

Increasing the Effectiveness of Farm and Family Meetings. Suzann Enzian Knight M.O.E., M.S., CFP University of New Hampshire. Purpose. Effective communication within farm families decrease conflicts and increase working together toward farm profitability. Research Findings.

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Increasing the Effectiveness of Farm and Family Meetings

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  1. Increasing the Effectiveness of Farm and Family Meetings Suzann Enzian Knight M.O.E., M.S., CFP University of New Hampshire

  2. Purpose Effective communication within farm families decrease conflicts and increase working together toward farm profitability

  3. Research Findings • Communicating goals and values key to outcomes. • Effective communication is a leading indicator of financial performance. • Farmers are considered experiential-social learners

  4. Farm Family Challenges • Live and work together • Increased stress • Diverse goals

  5. The Family Glue • Relationships • Goals of each family member • Quality of Life Issues

  6. Let’s Talk About Money • Answer questions separately • Compare answers • Discuss similarities • Discuss differences

  7. Communication: A Self-Assessment Exercise • Action Oriented • Process Oriented • People Oriented • Idea Oriented

  8. Coping with Other Communication Styles • Action Oriented Person • Process Oriented Person • People Oriented Person • Idea Oriented Person

  9. Organizing Family and Farm Meetings • Involvement • Facilitator • Agenda • Discussion • Ground Rules • Recordkeeping

  10. But meetings don’t happen….

  11. Communication Do’s and Don’ts • Be specific • Don’t just complain • Keep to one issue at a time • Compromise • Forget the past

  12. familyfarmfinances.net

  13. Contact Information Suzann Enzian Knight, M.O.E., M.S., CFP Family Resource Management Specialist University of New Hampshire 308 Pettee Hall, 55 College Road Durham, NH 03824 suzann.knight@unh.edu

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