While previous articles in this column have focused on succession planning, the reality is that a family business is always in transition. As the business faces its natural growing pains, family members are being born, going to university, entering and leaving the business, and inevitably wrestling with two questions:
•What do we need to hold onto and nurture about our family agribusiness that makes us special and gives us a strategic advantage?
•What do we need to change in order to adapt to the challenges we currently face and those on the horizon in an ever-evolving family and business?
Many seek to find a rule that can be applied in all circumstances. This is most clearly seen when people speak about a “business-first family” vs a “family-first family”. This approach implies to many that you either have to prioritise the business ahead of the family, or put the family ahead of the business. While having a black-and-white rule might provide you with a sense of certainty, the reality of a family agribusiness is far more complex than that.
How do you build family unity and cohesion when both the family and the business wrestle with a fast-paced and changing environment? Financial success alone is not sufficient for a family agribusiness to transition from one generation to the next.
A SENSE OF CONNECTION
Denne historien er fra April 08, 2022-utgaven av Farmer's Weekly.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra April 08, 2022-utgaven av Farmer's Weekly.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Understanding eye conditions in horses: causes and first aid
A horse can get a swollen eye from bumping it against a tree, shaking its head to keep flies away, or even snake venom
IPM requires a completely different mindset
You need to investigate any beneficial insects that may appear on your plants, or you can purchase them
Does parrot farming protect wild species?
Those in favour of commercial captive breeding argue that breeding parrots to sell can relieve pressure on wild populations. Researchers Neil D'Cruze and Rowan Martin review the evidence.
Bacterial and fungal diseases of garlic
Garlic can be prone to bacterial and fungal diseases, and it's important that farmers are proactive in preventing infection and practise appropriate management. Magda du Toit reports.
Responsible wastewater management: a crucial part of farming
The inadequate management of waste water is a challenge that the agriculture sector needs to deal with. Magda du Toit spoke to experts in waste and water management about a cost-effective treatment system.
Technology that can help protect South Africa's farms
Farm attacks, murders, livestock and crop theft, and other rural crimes are a growing concern in South Africa. As a result, more and more farmers are turning to advanced security technology to protect their lives, properties, and livelihoods. Sinenhlanhla Mncwango spoke to experts about the security strategies that producers can adopt to combat these threats.
The impact of theft on farms in South Africa
A high number of livestock are being stolen every year in South Africa. Insurance is expensive and farmers are battling to find solutions to the problem, says Dr Lindie von Maltitz, agricultural economics lecturer in the Faculty of Natural and Agricultural Sciences at the University of the Free State.
Staying afloat amid the cost-price squeeze
John Hudson, head of agriculture at Nedbank Commercial Banking, spoke to Glenneis Kriel about the importance of environmental and social sustainability for a prosperous agriculture sector.
Free State has no reason to mark Transport Month
Free State Agriculture (FSA) is very concerned about the extremely poor state of rural paved and gravel roads in the province and has very little, if anything, to celebrate during Transport Month, which takes place every October.
SA's food system ‘vulnerable to climate change'
The Just Transition Agenda for Food System Policymaking in SA webinar, hosted by the Institute for Economic Justice (IEJ) in October, highlighted the role that South Africa’s food system plays in contributing to climate change and how vulnerable it is to the impact thereof.
