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Season 3, Episode 30
Here is a breakdown of the episode:
- Before we dive into these four key areas, let’s talk about transition planning in general. What do you see as the most common challenges among dairy operations? [2:20]
- What are the four key areas you focus on? [4:50]
- Let’s break these down and walk through each: Define what you mean by values and vision. [5:45]
- How do you open up these conversations? [9:10]
- When you reference strategy, how does that play out with dairy farm transition planning? [14:50]
- What is a reasonable expectation for the time frame for transition planning, from start to finish? [17:20]
- What about assets? [21:15]
- What level of preparedness for transition are you seeing among dairy farms you work with? [25:25]
- Can you give an example of where a transition plan has really worked? [30:00]
- How often should a family revisit their transition plan? [34:20]
- Who should have a seat at the table for transition planning? [37:45]
- How often is the transition plan really “taken care of”? [42:30]
- Based on your experience, if you could leave our listeners with one piece of advice regarding the transition plan for their dairy business, what would it be? [43:50]
- Rapid-fire questions [45:50]
Contact Encore Consultants:
Tim Schaefer: tim.schaefer@encore-consultants.net
Liz Griffith: liz.griffith@encore-consultants.net
Article series on transition planning:
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