"It's no longer enough": the keys that can define the success of an agricultural company today, according to an expert
Diego Curat, director of AZ-Group, emphasizes the need for agricultural producers to be prepared for various scenarios to achieve success in a complex environment.
In today's complex agricultural landscape, simply achieving high levels of production is no longer sufficient for success; it requires strategic planning and decision-making in response to rapidly changing scenarios. Diego Curat of AZ-Group advises producers to anticipate potential scenarios and detail the business decisions needed for each, utilizing systematically collected data and specialized advisers.
Curat highlights that traditional metrics like production efficiency, billing, and profit margins are still important for evaluating agricultural success, but they must be complemented with a forward-thinking approach that considers various potential outcomes. This nuanced understanding allows producers to navigate the challenges posed by fluctuations in market conditions, environmental factors, and evolving consumer expectations.
Consequently, the agricultural sector must adapt to a new paradigm that values strategic foresight and infrastructure to manage change effectively. As the industry faces increasing pressures, the emphasis on being responsive and adaptable is critical for long-term viability and success in the agriculture business.