Business Management
- About the Dairy Alliance
-
Dairy Alliance benefits the individual farm in dealing issues that relate to
human resource management, business management, information technology, and
nutrient management.Dairy Alliance is a Penn State Cooperative Extension and Outreach program of the College of Agricultural Sciences.
Good business management skills are essential as the dairy industry
increases in complexity.
The importance of critical decisions that must be made is increasing, and progressive producers must continually analyze the costs and benefits of business decisions.
The importance of critical decisions that must be made is increasing, and progressive producers must continually analyze the costs and benefits of business decisions.
Effective business management integrates four sub-areas:
- Production
- Finance
- Marketing
- Human Resources
Business managers must be able to find, integrate and utilize information from each of these areas when making decisions concerning the dairy business.
Business management personnel are dedicated to providing education and decision support tools to assist producers to plan more strategically and optimize the use of resources for increased profitability.
