BNZ launches First Farm initiative to support aspiring dairy farmers
BNZ says it is backing aspiring dairy farmers through an innovative new initiative that helps make the first step to farm ownership or sharemilking a little easier.
Chairman Ben Todhunter says the foundation, with the support of the Bank of New Zealand, is offering a $5000 cash prize to the competition for best use of human resources.
The BNZ Human Resources Award is one of four new categories we have introduced to the competition, in addition to the main prize of a $20,000 travel/study fund, says Todhunter.
"Each of these categories recognise how multi-skilled agricultural business has become to maintain New Zealand's leading edge as a world class producer."
Todhunter says the award was created to recognise the importance of human resource management in a farm business, including the crucial role people play as innovators and creators and passers on of knowledge; and the contribution to business success that is achieved through strong and effective relationships, internally and externally.
BNZ head of Agribusiness, Richard Bowman, says an award highlighting the importance of recognising and sharing the skills that sit behind New Zealand's agribusiness sector is an important addition to the competition.
"The value of the products produced here is well understood, but just as important is the knowledge, techniques and skill that produces those products," says Bowman.
"New Zealand leads the world in farming methodology and process, but the commercial value of those skills is often undervalued, both within the sector and across the wider economy."
Bowman says that passing on that intellectual property is a critical part of industry succession planning.
"Developing human resource management processes designed to pass knowledge to young farmers and identify talent will ensure New Zealand's agribusinesses continue to thrive and lead our country's export growth."
Nominations and/or entries for the South Island Farmer of the Year competition for 2013 are open now and will close on August 1 2013. Judging will occur during September/October with the finals night in November.
The overall winner will have demonstrated that they are in the top echelon of agricultural producers, that the farm business is sustainable and that they have developed, or are in the process of developing, a new approach or approaches, either inside or beyond the farm gate, that will enhance their farming activity.
The other special category prizes are:
• The Silver Fern Farms 'Plate to Pasture' award for consumer focus
• The Lincoln University award for technology and innovation
• The Resource Use efficiency award for excellence in the sustainable and efficient use of resources.
