Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


NZ farmer wins prestigious 2011 Australasian award

August 18, 2011 1

NZ farmer wins prestigious 2011 Australasian business development award

New Zealand farmer Lance Gillespie has been awarded the 2011 Rabobank Business Development Prize for a management project undertaken to enhance human resources management at his dairy operation, Table Flat Holdings, in the central North Island.

The prize – which is awarded annually as part of the Rabobank Executive Development Program – was presented to Mr Gillespie at the graduation of a group of leading primary producers from around New Zealand and Australia who recently completed the program, a business development course for Australasias leading agricultural producers.

Mr Gillespies winning project focused on improving human resource management tools in his farm business, through the creation of a comprehensive Farm Operations Manual.

“I see human resource management as the key to running a successful farm business in this challenging environment where we are competing for the right people to fill positions,” he said.
Mr Gillespie said the Farm Operations Manual formed the first part of his plan to retain and attract staff. “It gives a detailed overview of what the business is, how it operates and where we are heading as well as provides clarity of roles and clearly outlines the skills required for different positions,” he says. “This manual allows us, as an employer, and our employees and prospective employees to gain a better understanding of each other.”

Mr Gillespie said the manual functioned as an invaluable “living document” for the business which will be reviewed, updated and modified over time, with plans also to add modules on grazing management, calf rearing, tractor and machinery operation and maintenance and effluent management.

Located on 309 hectares at Apiti, 50 kilometres north west of Palmerston North, Table Flat Holding runs 400 head of dairy cattle, producing 180,000 kg MS (milk solids) per year off 145 hectares. Eighty hectares is leased for dairying from a neighbour, in a lease/swap arrangement; in turn 160 hectares of hill slope is leased out to run sheep and beef cattle.

At some 680 metres above sea level, the area has traditionally been a sheep and beef farming area. The high altitude sees the business having to contend with dairying in a sub-alpine climate, managing snowfalls during winter and early spring.

With the farm initially purchased as a joint venture with his brother and sister-in-law in 2004, Lance Gillespie and his wife Katherine took full ownership of the business in 2007, moving to the property with their three children – Ethan (now 10), Charlotte (eight) and Lauren (four). Media Release August 18, 2011 2
Mr Gillespie currently has two full-time employees in the business, including farm manager Arno Renes, who along with his wife Anita is also a 10 per cent equity holder, and one part-time staff member.

Mr Gillespie – who had previously also completed the Rabobank Farm Managers Program for up-and-coming young farm leaders – said he had drawn on the skills and ideas garnered from the both programs to put in place his management project and to plan the further development of his business operation.

“These programs have undoubtedly been the best off-farm educational experiences Ive had since leaving school,” he said. “Everything you learn, and are exposed to, on the courses is relevant to agriculture and your business and where you are at today.”

As a result of undertaking the Executive Development Program, Mr Gillespie says he has also begun planning for future growth – taking the business through to „horizon 2 development stage and looking ahead to where he wants the operation to be in 10 to 20 years time. Part of this may involve leveraging under-utilised areas of his property to expand into farming other commodities.

The opportunity to interact and develop an ongoing network with the other progressive and innovative primary producers participating in the course was also an invaluable part of the program, Mr Gillespie said.

“It was also a great learning experience to be with these other producers, who you gain valuable knowledge from as well – in terms of the issues they manage in their businesses and also how they would approach the decisions you are facing in your business. Weve all made life-long friends and an invaluable ongoing business network,” he said.

Now in its twelfth year, the Rabobank Executive Development program provides farmers from across New Zealand and Australia, and a range of agricultural sectors, the opportunity to develop and enhance their business management skills.

Run annually and spread across two week-long residential modules, the program introduces participants to the latest practices in business management, leadership, strategy, finance, human resources, value chain management and marketing, and how these can be applied to their farm businesses.

Rabobank business programs manager Nerida Sweetapple said all projects presented by this years graduates were great examples of how participants had applied their learnings from the Executive Development Program to their farming operations.

“Many participants had documented the changes they had made and had already produced significant results for their businesses,” she said. Media Release August 18, 2011

“Lances project – the development of a Farm Operations Manual – was outstanding. He combined a number of tools he gained from the program, but took it a stop further to produce something that is very tangible and useful to his operations on many levels.”

Rabobank Australia & New Zealand is a part of the international Rabobank Group, the world’s leading specialist in food and agribusiness banking. Rabobank has more than 110 years’ experience providing customised banking and finance solutions to businesses involved in all aspects of food and agribusiness. Rabobank is structured as a cooperative and operates in 48 countries, servicing the needs of approximately 10 million clients worldwide through a network of more than 1600 offices and branches. Rabobank Australia & New Zealand is one of Australasia’s leading rural lenders and a significant provider of business and corporate banking and financial services to the region’s food and agribusiness sector. The bank has 93 branches throughout Australia and New Zealand.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Consumer NZ: Buy-now, Pay-later Raking In $10m+ In Late Fees Annually

A Consumer NZ survey has found buy-now, pay-later services are costing shoppers more than $10 million a year in late fees. Close to four out of 10 Kiwi consumers use buy-now, pay-later services, such as Afterpay, Laybuy and Zip... More>>

Westpac: Catherine Mcgrath Appointed New Zealand CEO

Westpac Group CEO Peter King and the Westpac New Zealand Board today announced the appointment of Catherine McGrath as Chief Executive Officer, Westpac New Zealand... More>>

Amazon: AWS To Open Data Centres In New Zealand

Today, Amazon Web Services (AWS), announced plans to open an infrastructure region in Aotearoa New Zealand in 2024. The new AWS Asia Pacific (Auckland) Region will consist of three Availability Zones (AZs) and join the existing 81 Availability Zones across 25 geographic AWS Regions at launch... More>>


Statistics: Surge In Imports Results In Record Monthly Trade Deficit
Imports increased $1.8 billion in August 2021 compared with August 2020, resulting in a record monthly trade deficit of $2.1 billion, Stats NZ said today. Exports were little changed, down $42 million. "This is a larger deficit than normal because of higher values for imports.. More>>

Fonterra: Completes reset, announces annual results and long-term growth plan out to 2030

Fonterra Co-operative Group Limited today announced a strong set of results for the 2021 financial year, reflected in a final Farmgate Milk Price of $7.54, normalised earnings per share of 34 cents and a final dividend of 15 cents... More>>

Statistics: GDP rises in the June 2021 quarter

Gross domestic product (GDP) rose by 2.8 percent in the June 2021 quarter, following a 1.4 percent increase in the March 2021 quarter, Stats NZ said today. June 2021 quarter GDP was 4.3 percent higher when compared with the December 2019 quarter... More>>