Jul 21, 2017
The goal of business is to build a sustainable competitive advantage. This episode discusses not only what the leader must overcome in their day-to-day, but the choices they need to make in order to grow their farm's resilience.
Problems leaders must overcome when investing time & attention:
-> BE CLEAR ON WHAT YOUR MOST IMPORTANT CONTRIBUTION CAN BE...AND FULFILL THE ROLE THE BUSINESS NEEDS YOU TO FULFILL <-
Leaders who spend all their time as SPECIALISTS on the farm (see episode MFB003) do not make the impact on the organization's VISION (see episode MFB001) that they can by leading.
Competitive strategy of business - be WORLD-CLASS at one of the following, and REALLY GOOD at the other two:
Farmers typically opt to pursue efficiency, becoming a low-cost-per-unit producer: Focus on expenditures of time & money to increase efficiency
WORKSHEET INSTRUCTION (PDF ATTACHED):
BUILD A SUSTAINABLE COMPETITIVE ADVANTAGE & FOCUS ON BUILDING A FARM THAT LASTS.
WHAT CAN I DO TO LEARN QUICKER AND IMPLEMENT BETTER?