Smart strategies for big risky decisions

Welcome to the third podcast in this 5-part series all about helping farmers navigate on-farm risk and reward.It’s been developed as part of a 5-year national project called RiskWi$e, funded by GRDC and led by CSIRO.The whole point of this project is to understand and improve the risk and reward outcomes for Aussie grain growers bysupporting on-farm decision-making, so throughout this series, we’re going chat to some experts who will help you do just that.As individuals, we all have a different approach to managing risk, and our guests do too, so listen for the content that both resonates with you, and challenges you because ultimately, we want to help you get it more right, more often.In today’s episode, we chat with farm business coach, HR consultant and farm business strategist, Danielle LanninEngland about smart strategies for big risky decisions.Dani builds on some of the concepts we’ve discussed in the first two episode with Barry Mudge and Kate Burke. Shesteps out a process for making big decisions, helps define what we can and can’t control or have influence over, provides some handy rules of thumb, and has three really clear ‘top tips’ at the end.Here are some handy resources:BOOKLET (GRDC)Farm decision making; the interactionof personality, farm business and risk to make more informed decisionsAuthors: Cam Nicholson (Nicon Rural Services), Jeanette Long (Ag ConsultingCo), Danielle England (Aginnovate), Bill Long (Ag Consulting Co), Zoe Creelman(Southern Farming Systems), Barry Mudge (Barry Mudge Consulting), David Cornish(Cornish Consulting)https://grdc.com.au/__data/assets/pdf_file/0032/436847/FarmDecisionMaking_128pp_2006_lowres.pdf This podcast is brought to you by the Central SA Action Research Group arm of RiskWi$e; the Hart Field-Site Group(lead), Mid North High Rainfall Zone, Upper North Farming Systems, Northern Sustainable Soils and Murray Plains Farmers.https://www.hartfieldsite.org.au/ https://www.mnhrz.com.au/https://unfs.com.au/https://www.facebook.com/NorthernSustainableSoilshttps://murrayplainsfarmers.com.au/Hosted by: Sandy Kimber; HartField-Site Group & Annabelle Homer; VoiceIthttps://voiceit.me/