GRDC Farm Business Update, online – The farming challenge – decision making in the face of uncertainty

Past online event

Summary

Barry Mudge, Barry Mudge Consulting

This livestream will delve into the dynamics of making decisions and judgements with incomplete information and uncertain conditions. Barry believes farmers are notoriously shrewd at operating in such circumstances however sees opportunity for improvement in how decisions are framed and analysed with what he calls “more informed intuition - not perfection”. This can be most critical when the decisions involve relatively high stakes.

Barry has a practical background with farming in a highly variable low rainfall environment and has been directly involved in both the practical and technical aspects of agriculture for over 40 years. He has managed the family farming property in the Upper North of SA for over 15 years and has had stints during his career with the Commonwealth Development Bank and Rural Solutions SA.

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