The quest to shape Australian agriculture for improved and sustainable profitability is leading Research and Development Corporations, agri-service consultants and government to devote substantial effort into development of new farm business analysis and benchmarking programs. ‘Biz Check’, ‘Pork Biz’, ‘Wool Enterprise Benchmarking’, ‘Dairy Business Focus’ and ‘Business Skills and Best Practice’ for beef and sheep meat producers are examples of current farm management and training programs where business analysis and benchmarking are integral components. Benchmarking is currently very popular with farmers, service providers and funding agencies. However, benchmarking has been likened to comparative analysis with both criticised by past and present... |