Farm Progress

This important work starts with what you’re doing right now.

Darren Frye, CEO

September 4, 2018

3 Min Read
Photodisc/ThinkstockPhotos

Farming certainly has become more complex. Today’s farm leaders often spend more time working as the CEO of their farm than as a laborer within the operation.

The farm CEO has certain responsibilities in the operation that no one else does – such as business planning for the future, allocating the farm’s financial resources and leading others toward a shared vision for the future.

Farm leaders really do have a lot on their plates. Their responsibilities require learning and building skills in a number of different areas that we might not have had experience with before.

Leading and learning

Working intentionally to build our own leadership skills does several things for both us and our operations. Obviously, it increases our own repertoire of skills – and allows us to use those skills for the benefit of the operation.

It also shows the next generation that leadership qualities and skills – and taking time to work on them – are important. This is similar to the idea that “more is caught than taught.” When the next generation see the leaders devoting time to working on leadership, they will regard it as important.

Ultimately, if you want to build and leave a lasting legacy on your farm, leadership needs to be the cornerstone. And it starts right now with you, the current leader.

Working on yourself and your leadership skills helps ensure that the next generation will observe what you’re doing. They also will get the advantage of learning what you’ve learned directly from you. The skills you’ve practiced and developed on your own are passed on when you train them.

Where to work

What are some of the most important leadership skills for today’s farm leaders? There are differences from what was required to be a successful farm leader in the past. Here are a few that come to mind:

  • Human resources and people management. Today’s farm leader must be a skillful manager of employees. This requires strong communication skills and a clear understanding of what motivates people.

  • Landlord and lender relations. Every farm leader needs to be aware of who needs to be hearing from them regularly to maintain a strong relationship – and how best to communicate their farm’s current “story.”

  • Long-term thinking and business planning. This means working to set a vision for the future of the farm business and then breaking down how the operation is going to get there. Goal and priority setting, as well as careful management of a long-term plan are cornerstones of this area.

  • Preparing the next generation. One of the tasks of a leader is to eventually work themselves out of a job – because they’ve prepared the next leader so well. Create a plan with the next leader for how they will prepare and demonstrate their readiness to lead over time.

Start here

What steps are you taking to “up” your leadership game? Get a plan in place with the specific skills you’ll work on and resources to use. Farm leaders have a range of learning options available to them today, with some aimed for business leaders in general and others geared specifically for the farm.

One free resource is the Modern Farm Business podcast. Each week, the podcast features a different topic to help farm leaders build their leadership skills, with guest experts coming on the show regularly as well.

The opinions of the author are not necessarily those of Farm Futures or Farm Progress.

About the Author(s)

Darren Frye

CEO, Water Street Solutions

Darren Frye grew up on an innovative, integrated Illinois farm. He began trading commodities in 1982 and started his first business in 1987, specializing in fertilizer distribution and crop consulting. In 1994 he started a consulting business, Water Street Solutions to help Midwest farmers become more successful through financial analysis, crop insurance, marketing consulting and legacy planning. The mission of Finance First is to get you to look at spreadsheets and see opportunity, to see your business for what it can be, and to help you build your agricultural legacy.

Visit Water Street Solutions

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