The farmer as a business leader
Speaker Erling Aas-Eng is a qualified agronomist and farmer who has held various roles in the Hedmark Farmers' Union and the Norwegian Farmers' Union over many years. His expertise spans business advisory, agricultural development and process management, including mobilisation, strategy, presentations, teaching and conflict resolution. Erling Aas-Eng is now a senior adviser at Velg med hjertet.
1 hour of valuable learning
We begin by exploring your motivation for running a farm. We also look at the wider world and the framework for farm operations. You need to understand how to manage risk and uncertainty. The main lesson covers practical financial management. Finally, we summarise how you can manage your day-to-day work.
Lesson 1 - Motivation
- What gives us energy and drive?
- What goals do we set ourselves, and what choices do we make?
Lesson 2 – The world around us – the framework for our farm operations
- How do you engage with the world around you?
- Spot trends
- General trends
- To influence or be influenced
Lesson 3 - Risk and uncertainty
- The goal is not to eliminate risk, but to manage it
- Risk assessment
- Managing risk and how you can reduce downside risk
Lesson 4 - Practical financial management
- Core financial concepts
- Profitability – the ability to make money
- Liquidity – the ability to meet your financial obligations
- Cash flow in practice
- Solvency – the ability to withstand losses
- The most important balance
- Depreciation – what is it?
- Financing and investment strategy
- Learn how to prioritise
Lesson 5 – How to manage day-to-day life
- What are good administrative routines?
«Whatever your motivation for running a farm, you need the right tools to manage your farming operations in line with the goals your family has set.»