MANAGEMENT

For the seventh year of the Canadian Dairy XPO (CDX), more than 350 dairy-focused exhibitors from 36 countries will showcase the latest in innovation, genetics and technology. The event will take place April 3-4 at the Stratford Rotary Complex in Stratford, Ontario.

Farm Credit Canada’s Faith Matchett posted a tweet that caught my attention: “Manage Your Energy, Not Your Time” from Harvard Business Review October 2007 by Tony Schwartz and Catherine McCarthy.

Many years ago, as a member of Class II of the Holstein Foundation’s Young Dairy Leaders Institute, we were challenged to set goals. Once we had a list written down, we were expected to say our goals out loud.

While the following five key trends are on our radar, there are many other trends helping to shape this year’s outlook for various sectors within Canada’s agriculture and agri-food industry. I encourage those in the industry to follow the trends that are most helpful in protecting and improving their business’s bottom line.

I use a book by Patrick Lencioni, The Truth About Employee Engagement: A Fable About Addressing the Three Root Causes of Job Misery, as the basis for this article.

Whether it’s a piece of property or a tractor, once you’ve decided to make an investment in your business, the question then turns to the source of capital to finance that investment.