Friday, 22 March 2019 09:58

Light reading

Written by 

In a follow-up to this old mutt’s piece two issues ago about Fonterra directors getting to grips with the co-op’s financial state and loudly sharing their dismay in the Koru club, another of the Hound’s spies has passed on more news in the ‘Fonterra director watch’ category.

Apparently, your canine crusader’s mate was recently sharing a flight with a couple of the dairy co-op’s directors and noticed that one of the newly elected board members was engrossed in reading a fancy management book.

However, the Hound’s spy reckons that although the management book might get the co-op’s board up with the latest corporate buzzwords like ‘good to great’, ‘getting on the bus’ and ‘strategic management’, Fonterra directors would be better employed learning how to read budgets and how to minimise costs and maximize profit.

 

More like this

Fonterra lifts global ranking

At least some not-bad news for Fonterra: the co-op has climbed to fourth-largest in the world’s dairy company rankings.

Payout unchanged, dividend axed

Farmgate milk price forecasts remain unchanged despite Fonterra’s decision to not pay a dividend for the 2018-19 season, says chief executive Miles Hurrell.

 
 

» The RNG Weather Report

» Latest Print Issues Online

The Hound

No idea!

This old mutt was flabbergasted at the reaction by some mainstream (lamestream) media to the news that Todd Muller would…

Good point

A mate of the Hound’s, recently back home in Wakefield, Nelson following a month in Christchurch for medical treatment, reckons…

» Connect with Rural News