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Benefits
Work together as a management team to improve strategic decision making
Have someone you can pass new opportunities and ideas by
Be accountable for actions and projects together
Expose your business to new and exciting concepts and ideas
Allocate time to work on the business
Improve the professionalism of your business
Work together to make key decisions and set the direction for your business
The Micketymulga Agribusiness Advisory Board Service is designed for farm and agribusiness owners looking to enhance their business through clear direction and agreed culture, confident decision making and increased profitability.
There is a strong demand for this service to assist farm and agribusinesses with succession, debt management, increasing accountability and business growth.
An advisory board aids a business by formalising intuitive management and implementing best practice business management and governance principles.
“Having an external set of eyes looking over the business has given us a point of reference as well as professionalising the business. The board structure has given us access to a different management skill set from outside the business, which looks into our business at a critical level. Adopting this approach has allowed us to broaden our business and increase our profitability substantially”.
Anonymous Client
Why work with Micketymulga Agribusiness?
We have a proven track record of helping our clients develop and grow their businesses since 1984.
Our whole of business approach ensures that people, technical, production and management attributes are considered as we work with you.
We offer a professional, independent, innovative approach and a genuine desire to help our clients achieve their goals.
We are from a family farming business background, are based in regional Australia, and deliver our services nationally. Our consultants and associates are distributed throughout Australia.
Features
The Comprehensive Advisory Board Package is recommended for larger businesses, or those with a complex business model. The Comprehensive Package includes four meetings per year, coaching sessions between board meetings, and the provision of responsive business management advice.
The Comprehensive Package is also suitable for businesses seeking support in implementing a succession, business or management transition plan.
The Essential Advisory Board Package is suitable for smaller to medium sized businesses. The Essential Package includes two meetings per year, coaching sessions in between board meetings, and the provision of responsive business management advice.
Also included with each advisory board is:
• The development of a meeting agenda and action lists
• Support in the form of formal reports, practical business systems and templates
Our consultants can chair your board meetings or act purely as a business advisor or Advisory Board member. The role of the Chair is to ensure effective communication and equal contributions. The Chair also ensures the effective delivery of the meetings.
The themes discussed at each meeting are customised to suit your business needs, but can include:
• Strategic and operational planning
• Budget and investment analysis
• Financial benchmarking
• Succession planning
• Human resource strategy development
• Policy development
• Capital expenditure planning
• Production planning
• Operational updates
• Marketing
• Property development
After each board meeting there are projects and actions to be followed up, which are allocated to members of the advisory board. This ensures that the maximum benefit is leveraged from the board.
Benefits to your business
• You direct each session’s agenda to ensure you discuss what is important to your business
• You set and achieve your own targets and goals with a process for ongoing monitoring and development of the business plan
• A fresh set of eyes to review your business and its processes
• An experienced consultant and Director will work with you to improve your business and support you in implementation of best practice business management and governance
• Identify business risks and receive assistance scoping appropriate management strategies
• Introduce practical governance principles to enhance business management
• Develop and implement business policies for robust decision making
• Share and develop ideas with independent input
• Receive advice when needed
An advisory board does not replace specific advice and input you receive from other professionals. These service providers may be invited to attend an advisory board meeting on an as-needed basis.
For more information, contact Gavin Whiteley on 0418 417111 or gavinw@micketymulga.com
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