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Npr - Using Benchmarking And Key Performance Indicators To Communicate Between Management And Governance In Large Farming Enterprises

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Listed:
  • Stevens, David
  • Cottrell, Bob
  • Kingi, Tanira
  • Maag, Weo
  • Whaata, Tony
  • Hemana, Clinton
  • Beijeman, Andrew
  • Casey, Marie
  • Comer, Fiona
  • Frengley, Shona

Abstract

One of the challenges faced by MÄori Trusts and Incorporations is complex ownership and the resulting need for timely and useful information to be available to all levels of the organisation that can facilitate good decision-making. A pilot programme involving 6 MÄori corporate farming enterprises, used benchmarking, KPI’s and whole farm review as tools to inform changes to meet future objectives. Twenty nine responses were documented highlighting changes from simple examination of current farm practice. Benchmarking provided a set of data to examine the current state of the farm and highlight where changes may be made. However, the group identified many issues with using industry production and profitability benchmarks, mainly due to different governance and management structures, scale and farm objectives. The tools used had the power to provide an appropriate way of communicating both the needs and direction of change between the layers of management and governance.

Suggested Citation

  • Stevens, David & Cottrell, Bob & Kingi, Tanira & Maag, Weo & Whaata, Tony & Hemana, Clinton & Beijeman, Andrew & Casey, Marie & Comer, Fiona & Frengley, Shona, 2019. "Npr - Using Benchmarking And Key Performance Indicators To Communicate Between Management And Governance In Large Farming Enterprises," 22nd Congress, Tasmania, Australia, March 3-8, 2019 345917, International Farm Management Association.
    • Handle: RePEc:ags:ifma19:345917
    DOI: 10.22004/ag.econ.345917
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    References listed on IDEAS

    as
    1. Nelson, Bert-Owe, 2003. "Is the Farm Prospering and Why? A Method to Spot Good or Weak Performance and To Do "Benchmarking"," 14th Congress, Perth, Western Australia, August 10-15, 2003 24367, International Farm Management Association.
    2. Atkinson, Trevor, 2003. "Managing the Change through Benchmarking Best Practice," 14th Congress, Perth, Western Australia, August 10-15, 2003 24395, International Farm Management Association.
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