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Factors Driving Future Plant Siting and Expansion?

Factors Driving Future Plant Siting and Expansion?. Minnesota–Wisconsin Dairy Policy Conference. Economic Principles. Excellence is required for long term business success The greater the specialization the greater the necessity for excellence. Economic Principles.

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Factors Driving Future Plant Siting and Expansion?

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  1. Factors Driving Future Plant Siting and Expansion? Minnesota–Wisconsin Dairy Policy Conference

  2. Economic Principles • Excellence is required for long term business success • The greater the specialization the greater the necessity for excellence

  3. Economic Principles • Excellence is required for long term business success • The greater the specialization the greater the necessity for excellence • A business must become excellent before becoming larger • The low cost producer thrives in production of commodities, like milk

  4. Economic Principles • Excellence is required for long term business success • The greater the specialization the greater the necessity for excellence • A business must become excellent before becoming larger • The low cost producer thrives in production of commodities, like milk

  5. My childhood Today

  6. Today 2042 ?????

  7. b

  8. TURBULENCE

  9. What is the greatest change in how you lead and manage as a result of the increased variability? TURBULENCE x TURBULENCE

  10. Bob’s answer: Increased Urgency

  11. Bob’s answer: Increased Urgency What does increased urgency create in most business cultures? • Stress • Anxiety • Feelings of being overwhelmed • Pessimism • Reduce motivation • Increased turnover

  12. The $64,000 Question How do we create a sense of urgency without hurting: • Farm culture • Motivation • Productivity • Job Satisfaction

  13. The $64,000 Question How do we create a sense of urgency without hurting: • Farm culture • Motivation • Productivity • Job Satisfaction The Answer: POSITIVE URGENCY

  14. The Four Keys to Positive Urgency Mindset Change • Key #1: Strategic Leadership – Think Like a CEO • Key #2: View change as opportunity. Implementing Positive Urgency • Key #3 - Focus on what is Important. • Key #4 - Workforce is Committed to and Engaged in Farm Success.

  15. Worker Worker to Operations Manager to Chief Executive Worker to Operations Manager

  16. The Chief Executive • The future of the farm business needs to be someone’s top priority.

  17. Change as loss Change as opportunity Understanding Your Reaction ?

  18. Change as loss Change as opportunity Understanding Your Reaction ?

  19. Change as loss Change as opportunity Change as opportunity

  20. The Four Keys to Positive Urgency Mindset Change • Key #1: Strategic Leadership – Think Like a CEO • Key #2: View change as opportunity. Implementing Positive Urgency • Key #3 - Focus on what is Important. • Key #4 - Workforce is Committed to and Engaged in Farm Success.

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