Would you take business advice from a former Congressman?
HOUSTON � American farmers may need to pay attention to Wal-Mart business practices as they look for ways to survive in a global economy.�People either love Wal-Mart or hate it,� says former Congressman Charlie Stenholm, �but (the company) is tremendously competitive. The working men and women who get good prices like it. Competitors who can�t compete, don�t.�
Stenholm, who recently signed on with a Washington D.C. law firm as an agricultural advisor after losing the congressional seat he�s held for 26 years to Texas re-districting, spoke at the recent Conservation Tillage, Cotton and Rice Conference in Houston and encouraged farmers to do everything possible to improve efficiency and to conserve resources.
The marketplace, he says, will play an increasingly important role in on-farm decisions. He says farmers can look to Wal-Mart and airlines for models of how and how not to run their businesses.
Posted by Kevin on January, 19 2005 at 11:06 AM
