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Farms.com Home  › Videos ›  Ag Business & Finance Videos

Corporate Meets Family in Business: Understanding Governance in a Family Business

Jan 20, 2021

Video: Corporate Meets Family in Business: Understanding Governance in a Family Business


Corporate Meets Family in Business: Understanding Governance in a Family Business

Alexa Parker, Procurement Lead for Milk at Saputo Dairy UK, Nuffield UK

Nuffield Report: Where Corporate meets Family in Business, 2019 Scholar

Alexa’s tour objectives were to establish what family run business can take from corporate organisations. Getting to the heart of what makes corporate successful and exploring family businesses that have adopted corporate structures whilst importantly retaining their family values.

She traveled to Ireland, Netherlands, New Zealand, USA and Chile and Ecuador.

Her report is for family run farms to read and find ways to enhance their business even further by learning some ‘tricks of the trade’ from the corporate world, taking the best bits, whilst retaining their own individuality and staying true to their family values. For example, how to set the right boundaries, drafting in the experts, stepping back and playing to strengths.

 

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