Road Map foR SucceSS - Santa Gertrudis Breeders International
Transcription
Road Map foR SucceSS - Santa Gertrudis Breeders International
AL N F L AT T E N E D V E R S I O N K AND WHITE VERSION 2013-2017 Road Map for Success santa gertrudis – the preferred american beef breed 2013-2017 Road Map for Success Fellow SGBI members, It is with great excitement that I reveal to you the Santa Gertrudis Breeders International’s (SGBIs) 2013-2017 “Road Map for Success” and Long Range Plan. The Road Map for Success is a culmination of two years of passionate work by the Long Range Planning Committee, industry professionals, Executive Director John Ford and most importantly you – the members of SGBI. I would be remiss if I did not acknowledge the efforts of former Vice President of Long Range Planning and your current SGBI President Charla Borchers-Leon in paving the way for our current Long Range Plan. She, along with the Long Range Planning Committee, had the vision and leadership to realize you must plan to plan. Our previous Long Range Plan served as a cornerstone to our association’s current and future success. It has been my honor and privilege to assist in the development of our Road Map for Success. Please know as we shift into our new Road Map, the Long Range Planning Committee’s primary goal was to listen to you, the members, process that information and create a plan that best serves the SGBI membership and their customers. As I have come to expect from our membership, you all gave above and beyond expectations. The response and participation in the questionnaires and focus groups was honest, intuitive and very inspiring. The most challenging segment of the process was condensing the many great thoughts and ideas provided by the membership into a focused plan that will guide our organization for the next five years. Great effort was made to compile the information contained in the Road Map into a user-friendly format that remains flexible enough to allow for ever-changing industry shifts. Please understand the plan is by no means an exhaustive list of fail-proof ways to secure the success of our great breed of cattle. However, I promise you there is strength in a common goal and this Road Map can be that common goal for our association. Organizations do not become great by accident. Organizations become great when their members take an active role and commit themselves to the success of the organization. I encourage every member of our association to invest the time to read the information contained in the Road Map and take ownership of it. Get involved in a committee of interest or an affiliate and help our association reach our strategic objectives. Our strength is in the unity of our membership. There is one thing I am most certain of: If you are reading this, you share with me and the Long Range Planning Committee a devotion and passion to Santa Gertrudis cattle. I encourage you to get involved and share your passion for Santa Gertrudis cattle every opportunity you get. It is an exciting time to be a part of SGBI and on the horizon is our Road Map for Success! Wes McDaniel Vice President of Long Range Planning Dear SGBI members, The nation’s cowherd is at a 60-year low and beef cow numbers have dipped below the 30-million-head mark. A smaller commercial cowherd has resulted in the need for fewer bulls and fewer replacement females. It is obvious that the increased competition among breeds for a share of the shrinking commercial market is redefining the traditional seedstock business structure. Which breeds will be major seedstock suppliers to the commercial sector moving forward? The answer is simple: those breeds that create value for their customers. In this new paradigm, breed associations must meet the challenge of developing cost effective programs and services that ensure membership can and will capture a significant share of the commercial market. These programs and services must be innovative and focused on creating value for all industry sectors. Simply put, the notion that breed associations can merely focus on traditional activities and be all things to all people no longer holds true. To remain viable over the long term, SGBI must understand that industry change is inevitable, and growth hinges on the economic success of its members and their commercial customers. We have arrived at a crossroad. Seedstock producers are expecting more from their association membership, commercial customers are expecting more from their seedstock suppliers, and both want to ensure their sustainability now and into the future. The 2013-2017 SGBI Long Range Plan provides a well-designed and well-developed blueprint for action that assures organizational growth and creates product value for members and their commercial customers. The SGBI Road Map for Success is the result of two years of work by the Long Range Planning Committee with invaluable assistance from Dr. Ryan Rhoades, Texas A&M University-Kingsville, and the King Ranch Institute for Ranch Management. Member input, solicited through a survey, listening sessions and focus groups, serves as the foundation for the plan. With the realization that the industry is constantly evolving, the plan is a fluid, living document designed to address emerging issues without losing sight of the association’s goal of improving member and customer profitability, sustainability and satisfaction. John Ford, Executive Director Santa Gertrudis Breeders International contents I. Identifying Priorities for SGBI...................... 4 II. SGBI Breeder Demographics.................... 6 III. Overview of Survey Results....................... 7 IV. Balanced Scorecard Approach............ 11 V.Conclusion................................................ 14 road map for success | 2013-2017 PAGE 3 I. Identifying Priorities for Sana Gertrudis Breeders International The Opportunity The beef industry is a complex system from the initial cow-calf production decision to satisfying consumer demand and developing a profit-maximizing marketing opportunity. As a rancher, you probably recognized significant change in structure and the environment in recent years. This new environment can be described by increasing cost/volatility in the commodity and cattle markets, and extreme variance in climatic conditions, which has left you exposed to a great deal of production and financial risk. With increasing capital requirements for land/inputs and compressing operating margins, these risks are becoming more intense. However, advances in technology are rapidly occurring and change oftentimes presents opportunity. An understanding of how the industry structure and environment is changing (i.e. technology, consolidation and production systems) and charting a long-term strategy to capitalize on opportunities that arise is necessary because change is critical to any organization’s success in the coming years. PAGE 4 The Santa Gertrudis Breeders International More specifically, the declining cow herd in the U.S. means the number of commercial bulls needed each year is also declining. Meanwhile, reported Santa Gertrudis bull sales to commercial bull buyers have not increased in a number of years. Concurrently, participation in Total Performance Records (TPR) among Santa Gertrudis breeders has decreased, which limits the availability of performance data to 1) improve the Santa Gertrudis breeders’ genetics within herd and 2) provide commercial bull buyers with an objective selection tool. A large percentage (70 percent) of commercial bull buyers use some form of data to make purchasing decisions. As competition to sell bulls in a shrinking market increases, technology and information could be a source of competitive advantage in your breeding program. This is a prime example of a dynamic that is changing our environment and presenting an opportunity. Additionally, breed associations are facing new and demanding challenges. SGBI’s primary goal is to provide progressive leadership, services, programs and technology to promote and broaden the long-term profitability of Santa Gertrudis influence within the beef industry by being member-driven and consumer-focused. The vision is to become the preferred American breed used by cattlemen. However, it is difficult for associations such as SGBI to design products and services for such a diverse membership. SGBI needs to determine what role they will play with their members in the coming years. Due to increased competition and marketing efforts by other breeds, market share will be increasingly difficult to obtain. Therefore, priorities, direction and a plan need to be determined and implemented. The intent of this report is to establish the basis for prioritizing SGBI’s services and resources by soliciting feedback directly from the membership and developing a strategic planning tool using the balanced scorecard approach. This will allow SGBI to provide its members with a more targeted direction and focus that could lead to increased demand in the marketplace and help sustain the long-term viability of the breed. This is the opportunity. The Objectives Determine SGBI membership characteristics, ranching habits and association service preferences. Identify strategy options, rank strategic initiatives, and develop measures of success according to membership’s perceived challenges and service preferences. Provide a “road map” for SGBI that communicates the strategy, prioritizes new program initiatives and monitors progress toward proposed targets in a clear, concise format. The Process 1. SGBI Membership Survey A membership survey was designed to discover the perceptions, current practices and other characteristics that current Santa Gertrudis breeders across all regions of the country have regarding the use of performance data, breed strengths/challenges, marketing opportunities and association services. A pilot test of the survey instrument was conducted among key stakeholders to solicit feedback before the final survey was delivered to all SGBI members. Input and feedback was solicited from all active members of SGBI. In total, 282 active SGBI members returned completed surveys. Approximately 53 percent of the total completed surveys (i.e. 282) were returned by mail and 47 percent by e-mail. A test was conducted to determine the validity of the survey results; this survey scored an 87.7 percent for reliability. This represents a very high reliability for a survey instrument. The high reliability for this survey was a result of the feedback gained during the focus group and pilot test efforts. 2. SGBI Member Focus Groups Focus group sessions were conducted during the 2012 SGBI Annual Meeting in Chattanooga, Tenn. These sessions were designed to develop specific objectives for the new SGBI Long Range Plan. Moderators facilitated discussions based on priorities determined in the membership survey. Focus groups were developed from a diverse cross-section of SGBI members for association services in the areas of marketing, membership/outreach and research/education. 3. Strategic Planning Sessions SGBI’s Long Range Planning Committee, along with other association and industry leaders, participated in a two-day strategic planning workshop during the summer of 2012. The goal of this workshop was to develop specific content for a suite of strategic planning tools (i.e. Strategy Map, Strategic Initiatives and Balanced Scorecard). These tools will serve as an excellent communication device for internal and external audiences and provide SGBI leaders and members with a roadmap to help focus energy and resources over the next five years. Determine SGBI membership characteristics, ranching habits and association service preferences. road map for success | 2013-2017 PAGE 5 II. SGBI Breeder Demographics Location-Region Breeders responded to several demographic questions designed to identify key characteristics. The figure below outlines members’ age category, which illustrates the largest portion of the membership is above 45 years old. Only 21 percent of SGBI members are under 44 years old. Similar to the overall trend in agriculture, the average age of an SGBI breeder is greater than 55 years old. This finding supports the need to emphasize the continued development of strong leaders for the next generation. Breeder herd size is a demographic that can be used to better understand risk levels and operational needs of producers. The figure below provides the membership’s reported herd size. As illustrated, 50 percent of the respondents are classified as small operations having less than 50-head capacity, while the remaining 50 percent represent a wide range from 50-head to greater than 500-head capacity. Similar to the overall trend in the beef industry, the average size of an SGBI breeder operation is less than 50 head capacity. This finding supports the need for continued association services in the areas of marketing and education. PAGE 6 WEST 2.5% NORTHEAST 2.5% MIDWEST 10% SOUTHWEST 55% The definition of operation type is an important demographic as an indication of individual farm or ranch goals. Cattle operations fit into four basic categories, including seedstock, commercial, stocker and show exhibition. The figure below illustrates the percentage of breeders by operation type. The largest percentage of breeders represents seedstock operations (52.3 percent), which are defined as operations that produce replacement breeding stock for other operations. Commercial operations (30.9 percent) sell calves at weaning, while exhibition/ show operations (13.7percent) raise livestock for competition purposes. Stocker operations (3.1 percent) utilize forage resources to grow from weaning to the finishing phase. This finding highlights the diversity among membership and the challenge to create a consistent message for the breed. SOUTH 30% The percentage of net income derived from farming or ranching operations can be an indicator of profit motivation regardless of the operation’s size. As shown in the figure below, 86 percent of SGBI membership derives less than 40 percent (“Low”) of their annual income from their farming or ranching operation. The largest respondent group (65.9 percent) derives less than 20 percent of their income from their operation, while only 14 percent of SGBI membership derives a “High” level of their annual income from farming and ranching. This finding highlights the need to identify and design alternative incentives for producer adoption. The Santa Gertrudis Breeders International III. Overview of Survey Results Summary of Key Findings • Peer-to-peer relationships are highly influential. Marketing & Information • 70 percent of the membership will wait to adopt new technologies. • Private treaty, livestock auction markets and purebred sales are the primary marketing channels. • There is relatively low utilization and importance scores for all data types. Performance Data • There is opportunity to increase importance of expected progeny differences (EPDs) through education and to increase utilization through value proposition. • There are several barriers to increase participation in TPR: paperwork, lack of education, time and cost. • Maternal ability and performance metrics (gain and efficiency) are breed strengths. Breed Strengths & Opportunities for Growth • Marketing, research and customer satisfaction will be important opportunities to capitalize on in the coming years. SGBI member Services • Top priorities include increasing commercial sales and developing a specific market for Santa Gertrudis genetics. • A number of other potential services were rated important. 1. Marketing & Information Where do you get information? SGBI members were asked to rank industry information sources used. They were asked to rank only their top five, with the first choice being their most commonly used method to acquire information. Producers seek advice and information to help them make better decisions. We generally seek advice or information from sources we consider trustworthy and of quality. What advice and information sources are viewed as trustworthy and of quality can help an organization target promotional and educational materials. As shown in the figure below, an average of 241 (85 percent of survey respondents) SGBI breeders selected peer-to-peer (i.e. other producers) and the SGBI magazine as the most commonly used information sources. Additionally, an average of 194 (69 percent of survey respondents) breeders selected websites and other industry related magazines as important sources of information. This result highlights the opportunity that exists for SGBI to enhance various communication channels to its membership. For example, peer-to-peer relationships could be influenced through an enhanced affiliate presence. road map for success | 2013-2017 PAGE 7 How do you typically adopt new technology? SGBI breeders were asked which of the following best describes you: Innovator = often the first to adopt in my area; Early Adopter = wait until someone else has adopted first; Late Adopter = wait until new technology is proven; and Avoid = don’t adopt new technology all together. New technology can be viewed as risky and everyone has a slightly different risk tolerance. Based on your inherent risk tolerance, you will be more or less motivated to adopt an emerging technology. People are even motivated in different ways when it comes to new technology adoption (i.e. status, professional gain or cost/profit). Technology creates forward movement and how individual people within an organization adopt it can have a significant impact on progress as a whole. In the figure below, 50 percent of SGBI breeders consider themselves innovators and early adopters of technology, while 50 percent will wait until proven or avoid it. Given the advancements in technology and rapidly changing times in our industry, this finding represents a huge opportunity for SGBI to deliver and educate breeders willing to adopt new technologies and practices. Where do you market your cattle? Respondents were asked to individually rate the marketing outlets listed in the figure below for how often that particular outlet is used to market their cattle. The mean rating score represents the average response among SGBI breeders (1 = Never; 2 = Rarely; 3 = Often; and 4 = Almost Always). There are a number of marketing alternatives available to producers. Marketing can take time and be expensive. In today’s market it can be frustrating as price gaps exist based on hide color and percieved quality. Bottom line: The extra effort is often worth it. How you market your cattle significantly impacts your profitability. SGBI member results suggest private treaty sales are used most often at a mean rating score of 3.1, followed by livestock auction markets and purebred auction sales at 2.6 and 2.5, respectively. Although retained ownership can be an effective risk management option and video/internet sales are gaining popularity, SGBI breeders rarely use these methods in their current marketing programs. 2. Performance Data What type of performance data do you utilize and value the most? SGBI breeders were asked a two-part question to identify potential gaps between: 1) How often you utilize different types of performance data (1 = Never; 2 = Rarely; 3 = Often; and 4 = Almost Always)? And 2) The level of importance you place on each type of performance data in your operation (1 = Unimportant; 2 = Somewhat Important; 3 = Important; and 4 = Extremely Important)? Technology is rapidly changing. There are tools available that could potentially make your operation more efficient and profitable. EPDs and other types of performance data can assist a breeder with selection decisions and provide a potential customer with an objective assessment measure. Survey results indicate EPDs had the highest mean rating score for both utilization (3.1) and importance (2.9), while written/verbal comments were rated the lowest (2.5). Interestingly, only 75 percent of the membership rated EPDs as utilized “often” (3.0) or above and consider them “important” (3.0) or above. A large gap between utilization and importance would indicate an opportunity for increased adoption. For example, if a producer views a technology as PAGE 8 The Santa Gertrudis Breeders International “extremely important,” but “rarely” utilizes it, they are more likely to eventually adopt it. Although not significant, the largest gap was reported for genetic markers, indicating this data type is perhaps more important than currently being utilized. A smaller gap exists for EPDs suggesting it is used similarly to its perceived importance. However, greater utilization of EPDs as a management and marketing tool to make quicker genetic improvement and to increase commercial demand may be needed by SGBI breeders. What are the potential barriers to collecting and reporting performance information? Respondents were asked to rate the list of potential barriers in the figure below for their level of agreement that the factor is a barrier for using TPR. The mean rating score represents the average response among SGBI breeders (1 = Strongly Disagree; 2 = Disagree; 3 = Agree; and 4 = Strongly Agree). Participation among SGBI membership in TPR is very low. Adoption of technologies such as EPDs will be important to the long-term success and improvement of the breed. However, processes like TPR can have barriers that prohibit user adoption. These barriers are often unknown to those administering them. This question was designed to reveal any potential barriers during the TPR process. While no individual factors were rated as a “strong” (3.0) barrier, several, including paperwork, lack of breeder education, time and cost seem to surface as greater challenges. The association should consider these when developing strategies to increase the utilization of TPR among breeders. A focused effort to engage and educate membership about TPR may increase the perceived importance and, subsequently, the utilization of performance data. Survey results indicate EPDs had the highest mean rating score for both utilization and importance. road map for success | 2013-2017 PAGE 9 3. Breed Strengths & Opportunities for Growth Why are your customers buying Santa Gertrudis genetics? SGBI breeders were asked to rate the breed traits in the figure below for level of importance to their customers (1 = Unimportant; 2 = Somewhat Important; 3 = Important; and 4 = Extremely Important). Developing a brand and creating differentiation in a highly competitive market is essential. Crafting marketing and promotional materials that capitalize on genuine breed strengths given the diversity among operational goals can be difficult. Building a brand is about identifying those things your customers desire and then continually delivering those things better than your competition. Membership is closest to the customer base and can best gage consumer perception. Survey results suggest maternal ability had the highest mean rating score at 3.6 and 96 percent of respondents rated this “important” (3.0) or higher. Additionally, weight gain, disposition and efficiency were grouped in the next tier of important breed traits with an average mean rating score of greater than 3.3. This finding may provide some insight into the important breed attributes to highlight when developing marketing and promotional materials. What major opportunities for growth exist? Respondents were asked to rate the future opportunities listed in the figure below for level of importance in order to grow and compete in the beef industry over the next five years (1 = Unimportant; 2 = Somewhat Important; 3 = Important; 4 = Extremely Important). Numerous opportunities will arise in the coming years. This short list is by no means exhaustive. Membership deals directly with these opportunities for growth and can provide valuable insight into which ones represent the greatest opportunity. These opportunities for growth need to be considered when developing a strategic plan for the entire breed. The results indicate that marketing the breed outside of the current SGBI circle had the highest mean rating score at 3.74. With exception to red in color and the SGBI logo, all other future opportunities were rated above a 3.0, meaning they represent “important” opportunities to the breed. Clearly, marketing, research and customer satisfaction will all be important opportunities to capitalize on in the coming years. PAGE 10 4. SGBI Association Services What services should SGBI provide in the coming years? SGBI members had the opportunity to rate their level of importance for the list of potential services included in the figure below. These are services that, if provided by SGBI, would contribute to the overall success of the Santa Gertrudis breed in the next 10 years (1 = Unimportant; 2 = Somewhat Important; 3 = Important; and 4 = Extremely Important). Associations like SGBI that have a very diverse membership are faced with the challenge of developing programs that appeal to everyone’s interests and motives. This can often lead to the development of multiple programs that have little impact on the breed as a whole. Ideally, an association needs to identify the highest leverage points among its diverse membership. This question was designed to address this problem. The results suggest only increasing commercial sales and developing a specific market for Santa Gertrudis genetics had a mean rating score above 3.5 and had more than 90 percent of all respondents classify it as “important” (3.0) or above. With exception to enhancing international relations and show ring participation, all other potential services were rated above 3.0, meaning they represent “important” services among membership. Overall, a number of potential services are considered important by the membership, but these findings provided valuable insights when determining where to focus resources and energy in the next Long Range Plan. The Santa Gertrudis Breeders International IV. Balanced Scorecard Approach Balanced Scorecard Approach Why was this approach chosen to develop SGBI’s Long Range Plan? Simple … it works! The balanced scorecard approach helps us focus beyond financial measures of success by connecting the various “perspectives” of the organization. Financial objectives allow us to complete our goals, but what about developing human capital through learning and growth, making processes more effective and key stakeholder outcomes that will ultimately determine success? By connecting the various “perspectives,” we avoid planning in pockets and creating a disconnect among different interest groups. Success is also a function of its simplicity; the entire strategic plan is synthesized on two sheets of paper. The effort required to keep the plan going and alive is reduced substantially and focus is crystal clear to everyone in the organization. In the end, communication is critical to the successful implementation of a strategic plan. This approach simplifies this aspect. SGBI Strategy Map Step 1 was to develop a strategy map. Strategy maps define what the objectives are, provide a framework for building a communication strategy, and force the organization to think about cause and effect relationships. The process of creating a strategy map ensures both consensus is reached over a set of interrelated strategic objectives, and outcomes and drivers of future performance are identified to create a complete picture of the overall strategic direction. The strategy map built for SGBI will help promote the big picture focus and help visually communicate the relationship among strategic objectives. The results of both the membership survey and the member focus group discussions were used to determine the strategic objectives within each association “perspective” (i.e. stakeholder success, processes, learning and growth, and financial). The map was built from the top down, keeping in mind the No. 1 objective: “To improve Member/Customer Profitability, Sustainability and Satisfaction.” The plan is then powered from the bottom up starting with “Increase Revenue Flow,” and as you move up, each objective enables the success of those above it. SGBI Balanced Scorecard Step 2 was to develop a balanced scorecard. The balanced scorecard builds upon the strategic objectives defined in the strategy map. Essentially, it is a management tool to help the organization make detailed strategic decisions and measure the effectiveness of the strategic plan. Within each association “perspective,” several strategic initiatives were created to help accomplish the strategic objectives. Strategic initiatives are designed to identify activities to accomplish objectives. Measures and targets were then assigned to track success of those objectives. The intent was not to measure everything, just the right things. Finally, specific SGBI association committees will be charged with developing more detailed action items to achieve the desired objectives, initiatives and measures. road map for success | 2013-2017 PAGE 11 SGBI Strategy Map Improve Member/Customer Profitability, Sustainability & Satisfaction STAKEHOLDER SUCCESS Increase Demand for SG Genetics by Adding Value to Commercial Producer PROCESS Incentivize Adoption of Sound Science & Technology Among Membership Develop & Deliver a Consistent Message Improve Status & Value of SGBI Build & Enhance Internal & External Relationships Develop Strong Leaders & Activists LEARNING & GROWTH Build Trust & Awareness with Industry & Customers Create Change & Engage Membership FINANCIAL PAGE 12 Increase Revenue Flow The Santa Gertrudis Breeders International Strengthen Affiliate Presence SGBI Balanced Scorecard road map for success | 2013-2017 PAGE 13 IV. Conclusion SGBI faces many new strategic opportunities. Advances in technology are changing rapidly and this change represents tremendous opportunity. Historically, the diverse nature of SGBI breeder operations and demographics has led to a difference of opinion about where SGBI should focus its efforts. This, coupled with declining membership and purebred registrations which continues to limit resources, has created the need for focus. The ability of an association to prioritize, focus and execute its energy and resources on a few key objectives is critical to move the breed forward. To help capitalize on this opportunity, this current report establishes an approach to provide a clearer picture of who SGBI is, what SGBI wants and where SGBI is headed. Ultimately, the success of this Long Range Strategic Plan is dependent upon the dedication and commitment of the SGBI leadership and members who help implement it. It is the expectation of this author that this strategic plan is continuously reviewed and constructively revised as this document should be dynamic in nature. This is not an endpoint; it’s just the beginning. The complex environment we operate in is constantly changing; we must adapt with it. Results of this report help address the following objectives: Determine SGBI membership characteristics, ranching habits and association service preferences. Identify strategy options, rank strategic initiatives and develop measures of success according to membership’s perceived challenges and service preferences. Provide a “road map” for SGBI that communicates the strategy, prioritizes new program initiatives and monitors progress toward proposed targets in a clear, concise format. The “road map” provided in the report was built with the following core SGBI principles in mind: Mission Statement: SGBI provides progressive leader- ship, services, programs and technology to promote and broaden the long-term profitability of Santa Gertrudis influence within the beef industry by being memberdriven and consumer-focused. Vision Statement: Santa Gertrudis ... The Preferred American Beef Breed. Vision: To provide superior member service, actively seek and use partnerships to leverage success, and maintain a focus on profitability for members and their customers. Who SGBI is, what SGBI wants and where SGBI is headed. PAGE 14 The Santa Gertrudis Breeders International prepared by Ryan D. Rhoades, Ph.D., Assistant Professor King Ranch® Institute for Ranch Management Rhoades was born in South Whitley, Ind. He received a bachelor’s degree As a faculty member at Texas A&M University-Kingsville and part of in animal science from Oklahoma State University in 2001 and was em- the King Ranch® Institute, Rhoades’ research focus has been on ranch- ployed by Express Ranches Limousin Cattle Division. Rhoades obtained ing production and management systems. He has also worked closely with a master’s degree in meat science from Texas A&M University in 2004 several beef industry organizations to assist with strategic planning and and earned his Ph.D. in beef cattle production at Texas A&M University, the development of producer training tools. Rhoades teaches agribusiness while concurrently working on an additional master’s degree in ag econom- management courses for undergraduate students. He also serves as advisor ics. Texas A&M University provided Rhoades with the opportunity to for the National Agribusiness Marketing Association student group on work on a wide range of projects designed to help producers make better campus and is on a number of beef industry committees. risk management decisions throughout all segments of the beef industry. His Ph.D. research projects ranged in scope from determining the impact of dietary energy source on fat accretion to the use of ultrasound technology in predicting a targeted compositional endpoint. These projects included alternative ways to mitigate cost and value risk through process control strategies. Additionally, his economic training allowed him to explore the dynamics of the live cattle market and the opportunity to construct business plans for private firms and formulate solutions for case studies using forecasting and modeling techniques. Our Vision: Santa Gertrudis ... The Preferred American Beef Breed. road map for success | 2013-2017 PAGE 15 AL F L AT T E N E D V E R S I O N AND WHITE VERSION 2013-2017 Road Map for Success PAGE 16 The Santa Gertrudis Breeders International