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.

More like this

Feds, banks lock horns

Major rural lenders are welcoming a call by farmers for the Commerce Commission to investigate their net-zero emissions target.

Featured

National

Machinery & Products

Calf feeding boost

Advantage Plastics says it is revolutionising calf meal storage and handling, making farm life easier, safer, and more efficient this…

JD's precision essentials

Farmers across New Zealand are renowned for their productivity and efficiency, always wanting to do more with less, while getting…

» Latest Print Issues Online

The Hound

Are they serious?

OPINION: The Greens aren’t serious people when it comes to the economy, so let’s not spend too much on their…

A hurry up!

OPINION: PM Chris Luxon is getting pinged lately for rolling out the old 'we're still a new government' line when…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter