Managing Your Business Through a Crisis
Tips offered to keep your business going during tough times.
While the current global situation is not entirely normal, it is normal for a crisis to come up in the agriculture industry. So many outside factors influence the success of cattle operations — droughts, flooding, wildfires, market volatility, animal health, human health and more. Kansas Livestock Association CEO Matt Teagarden offers these management tips with the Kansas State University Beef Cattle Institute team.
- Set and manage the expectations for your employees.
- Determine your goals and make them clear to the team.
- Embrace the power of positivity.
- Develop and execute an external communications plan.
- Actively communicate with your internal team.
- Involve the entire team in addressing the issue.
- Keep your long-term vision in mind when creating your crisis plan.
Listen to the discussion in the BCI Cattle Chat podcast on managing a business during a crisis, followed by opportunities after the crisis, at the 12:50 mark.
