The Knowledge Guide is an excellent summary of agri-food best management practices used in Canada. Best Management Practices (BP) is the idea of seeking out the "best of the best" business concepts and adapting those ideas into your business. Many industries have researched, analyzed and identified the keys that can be used for sustainable growth and survival in the global economy. Businesses today, in any sector in any country have to consider these ideas within their own resource mix and business strategy.
The transition of the agri-food sector globally is facing a severe trial to a new "future state". That future state will have fewer more nimble and market sensitive demand chains, which identify, research and develop novel products, which have high utility and customer functionality. These demand chains will involve new protocols for production, processing and serving the end customer, safely and timely. The future state will simply not be the same as today.
With a focus on the future state, some key operating factors are very clear. The integration of global capital markets, great speed of information gathering and reporting, higher interest by consumers in the link of food, nutrition and health/disease management and prevention and risks, and the reality of trade and market barriers, together make it imperative that best practices be assessed and employed for long term survival.
These best management practices can serve as the "compass" for individually defined progress, but it is up to leaders and managers to guide individuals and firms towards the future management state. This is a never-ending challenge in a globally competitive environment with many unknowns and uncertainties. The role of "best management practices" is to help address and respond to these unknowns. It also provides new ways for firms to rise above competitors in the search for enduring customer driven growth, profitability and new product innovations.
This Guide provides real life evidence on best management practices being used in Canada and how to adapt the concepts to your agri-business. It provides a strong template for allied businesses in the supply chain to work together in a globally competitive marketplace.