Print this page
Monday, 22 July 2013 09:47

Recipe for resilient farming

Written by 

Strong leadership, good networks and being change-ready are the key ingredients to running resilient farming operations, says Westpac managing director of private wealth and insurance, Simon Power.


Power was speaking last week at the Westpac Farming Insights 2013 – Challenges, Opportunities and Resilience event, held at Vidals Winery in Hawke's Bay.


A 100-strong audience of sheep and beef farmers plus horticulturalists turned out to hear from the Associate Minister of Primary Affairs, Jo Goodhew, Beef + Lamb NZ chairman, Mike Petersen and Power.


"Most farming operations these days are sophisticated business enterprises that require strong vision, entrepreneurship and tenacity. They also require a major degree of resilience," says Power.


"Resilient farm operations look for ways to enhance competitive edge. This is a crucial factor in resilient business."


At the same event Power announced a new partnership Westpac has developed with Sir John Kirwan to host resilience-themed events for the rural community focusing on building personal resilience.


"The rural sector has faced many stresses over the past year, including the worst drought New Zealand has experienced in 70 years. Sir John Kirwan has done an incredible job of raising awareness about depression and the importance of building resilience and we know he has plenty of valuable insights to share with the rural community," says Power.


Westpac intends to hold two Rural Resilience events with Kirwan before the end of the year, and will look to hold more next year.

» Connect with Rural News

More like this

Boo-hoo

OPINION: Your old mate can’t believe the gall of the NZ big banks crying about their ‘reduced’ profitability this year.

Job hunting?

A mate of the Hound reckons outgoing special agricultural trade envoy Mike Petersen, who is due to finish his current role at the end of the year, is currying favour – and job prospects – with the Government by backing its moves to lump agriculture into the ETS.

China still hungry for NZ dairy

Demand for New Zealand dairy products should remain solid despite China’s mixed economic outlook, says Imre Speizer, Westpac.

» The RNG Weather Report

Featured

 

» Connect with Rural News

» Connect with Rural News