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The Strategic Business Planning for Commercial Producers Program

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... to Educators for use in their own Extension programs via website: ... Please: visit the Web site and use our materials in your management education programs. ... – PowerPoint PPT presentation

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Title: The Strategic Business Planning for Commercial Producers Program


1
The Strategic Business Planning for Commercial
Producers Program
  • Cole Ehmke
  • Triennial Conference, Lexington, KY
  • 16 June 2004

2
  • The Need a comprehensive business management
    program for farmers
  • The Funding Farm Credit Services of Mid-America
  • Four state region Indiana, Ohio, Kentucky and
    Tennessee with headquarters in Louisville
  • The Developers Purdue Universitys Center for
    Food and Agricultural Business
  • Betty Jones, Cole Ehmke, Mike Boehlje, Craig
    Dobbins, Alan Miller, Allan Gray and others

3
The Delivery
  • Two Project Objectives
  • Provide producers with the practical, concepts
    and tools for achieving long-term efficiency and
    profitability in their farming operation
  • Provide educators the teaching resources to use
    in their own programs

4
Meeting Objective 1
  • Provided multi-session classes to three classes
  • Four 2.5 day sessions per year for each class
  • Approximately 25 operations per class (two
    managers per operation attending)
  • Content built ability to write a business plan
    for the farm

5
Content Summary
  • Comprehensive Content Provided in 10 areas
  • Management Skills
  • Business Environment
  • Finance
  • Strategy
  • The Business Plan

6
Content Summary
  • Marketing/Risk Management
  • Implementation/Key Strategic Decisions
  • Investment and Project Analysis
  • Human Resources/Relationships
  • Business Succession

7
Meeting Objective 2
  • Released content to Educators for use in their
    own Extension programs via website
  • www.agecon.purdue.edu/ext/farmplan
  • Site has three modules strategy, finance,
    marketing. Each includes
  • a) PowerPoint lectures
  • b) Instructor notes in PowerPoint
  • c) Applied exercises
  • d) Reference papers
  • e) Case study

8
www.agecon.purdue.edu/ext/farmplan
9
  • Please visit the Web site and use our materials
    in your management education programs.
  • But . . .
  • dont forget to give credit where it is due.

10
Participant Profile and Response to Class Sessions
11
Operation Size and Scope
  • 64 had annual gross sales more than 1,000,000.
  • 70 farm more than 2,000 acres.
  • 100 have access to a computer connected to the
    Internet.

12
Satisfaction
  • The Institute is showing todays young farmers
    how to be successful agriculture leaders of
    tomorrow . FCS officer

The program will take you to the next level of
business management. participant
13
Strategic Business Planning for Commercial
Producers
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