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subject: Greg Page: 8 Years To Create A New Cargill [print this page]


Long-term cultivation with sufficient patience, enterprise, focus on long-term interests

This enterprise seems to always shrouded in a layer of the veil of mystery? It is incredibly low profile, established 145 years ago, have not listed, and rarely interviewed by the media; it has often been denounced as a "manipulation of food prices behind ", was considered and the other three multinational food companies together control a number of global food and food prices.

It is Cargill (Cargill), the nation's largest family business.

Approached Cargill, presented in front of a good Big Mac-style modern agricultural enterprise? Its huge territory, it's grand vision and business intelligence, which sway the control of agriculture in the global building and the dream of the whole industrial chain , with an excellent risk management and early warning systems, with a unique talent training and upgrading programs, with unique diversification strategy, exploiting the boundary in the global market, rapid development. Cargill CEO Greg Page

world (GregPage) In an interview with "manager" interview: "I hope Cargill will not be seen as an American multinational companies, but is regarded as the local global Cooperation Partner, no matter what field we are concerned about food safety and supply problems. "

Cargill what good business management for Chinese enterprises to learn from?

Many tools to manage risk "Manager": 2009 fiscal year, Cargill's net profit fell 16%, from fiscal 2008 to a record 3.95 billion U.S. dollars fell to 3.33 billion U.S. dollars, then what signal to make you realize that the crisis sweeping the globe to come , your risk departments to warn you it? Cargill how to minimize losses caused by the crisis?

Greg Page: Cargill is a very wide range of enterprises, across agriculture, Financial Energy and other fields, which to some extent spread the risks. Our income is not as badly hit as others, but it does business by some of the direct and indirect effects, such as meat, Steel Industry and industrial starch.

Cargill is one of the core competitiveness of the risk management capability, we use a variety of tools to manage the commodity markets and the rest of the industry chain, such as shipping price risk, 24 hours of food spot and futures prices, timely delivery of results and coping strategies. Cargill's risk management department at least add up to thousands of people, each institution has a risk management personnel. In addition, we have a 20-strong company-wide risk management team, they have various institutions of risk management data collected and reported to senior staff members in doing so we understand the company's risk profile. But this economic crisis, Cargill's risk management department do not have to do any warning or warning, because the United States capital markets has been so high leverage, then we may be on the market have some warning of recession, of course, no one predicted a so serious.

Response to the crisis in the process of Cargill challenge is how to face the situation of enterprises so that all staff are aware of, for example to tell the staff, each department should fall 5% of the costs, other important indicators also need to change. How this information to all employees, so that everyone accepted and understood? We are not from the company point of view, from top to bottom to a command, but to everyone from my own point of their own to think about how to take measures to deal with. This is a manifestation of the key points Cargill culture? Although Cargill's business is very diversified, but our culture is quite equal. On how to control costs, for example, in other companies may give employees the next instruction to execute, but Cargill, may play a list of the Secretary of what needs to tell the boss that cost savings, it was adopted.

"Manager": risk management, Cargill has been called the most "core" business.

Greg Page: 8 Years To Create A New Cargill

By: wuwu




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