With global demand for food reaching peak levels, and climate change and diminishing farmland impacting food production, Kaihan Krippendorff’s article on the future of agriculture addresses both the issues and possible solutions.
Earlier this year, I met up with a friend for lunch at a restaurant out on the water. As I twirled fettuccine noodles and chunks of New England lobster around my fork, I couldn’t help but appreciate the connections that I’ve been able to form over shared meals.
Food is an integral part of my life—a means to explore new cities, a tool to bond with friends and family members, and a method to connect to the medley of cultures that make up my ancestry. As much as I try not to, it can be too easy to take these meals for granted, forgetting that 9% of the world, over 690 million people, do not have secure access to food and frequently go to bed hungry.
The friend I shared lunch with is an analyst who invests in small public corporations. He was particularly excited to tell me about one company, Raven Industries, that is taking on national and global challenges in food production, population growth, and agricultural sustainability with a mission to improve our world.
GLOBAL CHALLENGES IN FOOD PRODUCTION
The global demand for food is reaching peak levels. The world’s population is growing; it is predicted to reach 9.8 billion by 2050. At the same time, available farmland is diminishing. Our farmers are pressed to feed the world with fewer and fewer resources. According to Forbes, farms around the world will need to increase global food production by 70% in the next 40 years to keep pace with population growth. To meet the demands for global food supply, farmers and companies in the agriculture sector are turning to technology-driven solutions.
Key points include:
- Global challenges in food production
- Shifting consumer food preferences
- How companies are preparing for future challenges
Read the full article, The Future of Agriculture: Smart and Sustainable Food Solutions, on Kaihan.net.
Umbrex is pleased to welcome Katherine Ogburn. Katherine served as the Director of the strategy department at Ready State LLC, a boutique tech marketing agency in North Beach, San Francisco. She is now an independent consultant and volunteer for nonprofit organizations that focus on food security, climate and environmental justice, where she provides client insights, evaluation support and theory of change development support.
The six years Katherine spent with Ready State came on the heels of six years in marketing strategy at McCann Worldgroup San Francisco, and 2 years with McKinsey in Stamford, Connecticut. She lives in Berkeley, California with her family and spends as much time as she can outside where she runs, hikes, bikes, swims and kayaks. Katherine would love to collaborate on marketing and nonprofit projects.
Luca Ottinetti’s company blog identifies the drivers of organizational costs and explains why they add significant complexity to the administration of the business.
The costs associated with organizational alignment deal with two functions: coordination and administration. Coordination costs include resources dedicated to facilitating information sharing, knowledge transfer, and communication. These resources may comprise teams, committees, or formal lateral units depending on the complexity of the organization. Administrative costs include the top management functions for executive control and direction over all personnel, departments, facilities, and activities such as human resources, accounting, finance, public relations, contract administration, and legal. Over time, organizational costs increase if for no other reason than business growth and to compensate for cost of living adjustments. In some cases, however, organizational costs increase well above the expected norm. The question is why.
Areas covered in this article include:
- Product line expansion
- New market expansion
- Vertical integration
- Merger integration
Read the full article, Do You Know Why Your Organizational Costs Are Rising?, on the Great Prairie Group website.