Thriving in adversity it's all about timing

摘要

AS I write, New Zealand dairy farming operations were only slowly emerging from the drought conditions which have delivered a sharp shock to farm management plans this summer.While this event had been much shorter than the long-term droughts experienced in Australia, it still presented real challenges for the normally reliable Kiwi dairy sector. For many, the production season came to an abrupt end and prospects for autumn and winter were expected to be impacted dramatically.Regardless of their cause, such events reinforce just how much management of adverse events depends on the timing and execution of decisions.So what are the key ingredients of an effective response