In this episode, we are joined by Professor Bill Malcolm, a longstanding leader in Australian agricultural economics and education, and Professor at The University of Melbourne. Since the 1980s, Bill has played a pivotal role in shaping farm management thinking across the industry.
Bill is also co-author of the widely recognised textbook 'The Farming Game', which has become an essential resource for agribusiness students all across Australia.
Planning is useful, but plans are useless in that you've got to do it, but don't think it'll happen the way you plan it. What do we know about the future? It's five words. We simply do not know.
During our discussion, Bill shares his insights on navigating the unpredictable nature of farm planning, making informed risk management decisions, and understanding the evolving landscape of carbon farming. He also touches on the fast-changing dynamics that farmers encounter today.
Listeners will gain a deeper understanding of Bill’s approach to farm management, developed through decades of academic expertise, and how these strategies can help address the ongoing challenges of modern agriculture. Tune in to explore Bill’s perspective on driving farm success.