Thursday, March 3, 2016

Leadership talk for a an agri venture company (chicken business)

'Quamplurimi et quam aptissimi" (As many as possible of the very best)

Rizal Philippines
March 3, 2016

Last Saturday, I had a talk before a group of employees, sons and daughters of the owners of an agri venture. It was at the initiative of an uncle who heads the company as the President.  The talk covered:  1. duties and responsibilities of board of directors    2.  leadership by the board of directors  and 3. the future of the chicken business in the Philippines

The first part was the legal and business aspect of managing the business.  What should be the role of the board of directors as the highest governing body of the corporation.  At this aspect, I noted that the current board resisted the new roles as being pointed out in the presentation.  Why do all of these things being prescribed, when there is the President.   The President takes the initiative, he directs and executes.  The Board merely watches, as passive observer.  As in other enterprise which this body tried to assist, the enemy is always from within.   There has to be change from within.

The good thing about the presentation, was this writer noted that there are 3 people whom the President can trust and rely upon.  The President said that what we need are not more knowledge but more passion.  I suggested to the President that this talents must be nurtured.

As for the chicken industry he noted that the opportunity is in the household (90% of the total market) so they left the hri market, and went to the wet market. And now he sees that faster turn over could be made in eggs and he plans to increase the number of layers from current l00,000 to 200,000.  Shall he borrow at 4 to 5% vs margins of 10 to 15% on eggs. But his executive gave the answer. She wants to be sure of the market and doubling the number of layers at once may not synch with their ability to sell

The chicken a la carte presentation resonated well with the President.  As a student of DVM, while in Manila, he noticed the same stuff that a lot of hungry citizens scrounge, scavenge for food, and these were mishandled by the food server.  He took steps that they be handled well as food for the hungry and homeless

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