In previous modules, we’ve established that agribusinesses operate within certain geographic, climatic, economic, social, political, legislative and technological contexts.
We've also identified that agribusinesses thrive and survive because the owners and managers of those businesses are passionate about their ‘why’ and motivated to achieve their goals because they have a purpose. In this module, we have been learning about the different structures of businesses and the implications of those different structures on the complexity of their ongoing management, how income is taxed and how that structure might influence who you do business with.
Relevant to the HRM in Agribusiness unit you may also be doing this term, is the central importance of defining roles and responsibilities for every staff member, and how the business is structured hierarchically in terms of decision-making and power. The culture of the business is also critical, and this is usefully seen as an outcome of how the organisation works and its alignment with its core values, goal and purpose – it’s ‘why’.
1. Watch the following videos on organisational design to understand how important it is to get this right, and how it impacts on decision making, communication and workplace culture.
2. In your Agribusiness Practice Journal, reflect back on the two family farms we looked at in a previous module – the Salatins in the USA and the Dunbabins in Tasmania. I realise you don’t have all of the details, but what do you think the organisational structure of these two family businesses would be based on what you do know of their business purpose and goals and the values they hold dear.
Alternatively, you can briefly describe the organisational design of a company or family business you are aware of in your Agribusiness Practice Journal, and jot down a few notes on the following: -
This brings us to a close for our current MyLO module. As you prepare for your upcoming fieldtrip to agribusinesses on the Cradle Coast, start to think about what information you will want to find out in preparation for your upcoming assignments.