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Positioning The Farm Business

Author

Listed:
  • Miller, Alan
  • Boehlje, Michael
  • Dobbins, Craig L.

Abstract

Successful farming requires a clear understanding of the forces shaping agriculture and the direction that the farm is headed. Success also requires an effective method for executing and monitoring both strategic and operational plans. This paper provides an introduction to strategic planning and its application to the farm business. The material in this publication provides a brief description of the strategic planning process, reviews areas in which farm operators make strategic choices and some of the risks that accompany these strategic choices, illustrates the use of process planning methods as a means of linking strategy and operations, and describes the use of benchmarking as a method for monitoring progress and improving performance. While this material provides several suggestions for developing and implementing strategic plans, the focus should be on the process, not the plan. Successful strategic plans are seldom created by a one-time planning effort. Rather, they evolve by a continuing process of assessing business strengths and weaknesses and assessing opportunities.

Suggested Citation

  • Miller, Alan & Boehlje, Michael & Dobbins, Craig L., 1998. "Positioning The Farm Business," Staff Papers 28647, Purdue University, Department of Agricultural Economics.
    • Handle: RePEc:ags:puaesp:28647
    DOI: 10.22004/ag.econ.28647
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    Cited by:

    1. Admire Mutsa Nyamwanza & Mark George New & Mariko Fujisawa & Peter Johnston & Akeel Hajat, 2017. "Contributions of decadal climate information in agriculture and food systems in east and southern Africa," Climatic Change, Springer, vol. 143(1), pages 115-128, July.
    2. Klair, Kevin S. & Boggia, Antonio & Richardson, D. Wynn, 1998. "The Changing Information Needs Of Farmers In The U.S. And Europe," Conference Papers 14496, University of Minnesota, Center for International Food and Agricultural Policy.
    3. McBride, William D. & Johnson, James D., 2006. "Defining and Characterizing Approaches to Farm Management," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 38(1), pages 155-167, April.
    4. Lissitsa, Alexej, 2005. "The Balanced Scorecard Implementation in Farm Enterprise - A Case Study from Ukraine," 15th Congress, Campinas SP, Brazil, August 14-19, 2005 24272, International Farm Management Association.
    5. Martinovska-Stojcheska, Aleksandra, 2010. "Agri-Wise Macedonia - A New Decision Support System for Farm Management in Contrast to Current Practices," 2010 Conference: Modern management challenges in the agro-food sector, March 18-19, Pivola, Slovenia 183826, Slovenian Association of Agricultural Economists (DAES).
    6. Kjesbu, Erland & Flaten, Ola, 2005. "Perceptions and Impacts of FRAM-A: A Norwegian Farm Business Development Programme," 15th Congress, Campinas SP, Brazil, August 14-19, 2005 24294, International Farm Management Association.
    7. Canziani, Jose Roberto Fernandes & Peres, Fernando Curi & de Noronha, Jose Ferreira, 2003. "Counseling Brazilian Farmers on Their Management Activities," 14th Congress, Perth, Western Australia, August 10-15, 2003 24385, International Farm Management Association.
    8. Nell, Wilhelm T. & Napier, Robert John, 2005. "Strategic Approach to Farming Success," 15th Congress, Campinas SP, Brazil, August 14-19, 2005 24237, International Farm Management Association.

    More about this item

    Keywords

    Farm Management;

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