Alexandra Camm
Queensland agribusiness leader Tess Bitmead has released a new report offering practical strategies to help producers embrace transformation and lead with confidence.
A 2020 Nuffield Scholar supported by the Yulgilbar Foundation, Tess explored how agricultural businesses can adapt to a changing world by aligning mindset, strategy, and operations.
Her research highlights the importance of having a clear vision. That vision must be matched by thoughtful planning and consistent action. Businesses that align their goals with day-to-day operations are better placed to adapt and grow.
Tess draws on management tools like Kaplan and Norton’s Balanced Scorecard and Kotter’s 8-Step Change Model to create a practical framework for change. She says transformation starts with mindset. Producers must challenge long-held beliefs and be open to new ways of thinking.
Land use is another focus. Tess urges producers to view land not as a static asset, but as a dynamic resource. She explores how diversification and infrastructure investment can help businesses unlock value and secure long-term financial sustainability.
The report also positions succession planning as a powerful tool for growth. Tess encourages intergenerational collaboration and flexible business models that allow younger generations to engage, contribute and lead.
Her report, “Incubating Radical Change Within an Organisation”, provides a blueprint for producers who want to lead change — not just react to it.
Investor Information:
The Yulgilbar Foundation is a family run Private Ancillary Fund and was established in 2001 by Baillieu and Sarah Myer. The Yulgilbar Foundation’s area of focus is rural, regional and remote Australia and more specifically, on education, environment, capacity building and Alzheimer’s research. The family have had a long standing involvement in the rural industry, particularly in Northern NSW and are passionate to see rural and regional Australia prosper.
Website: www.yulgilbar.com.au
