"It was in the middle of January, 2011, and Elmer Enns, the sole owner of the corporation grain Double E (Double E), 6,600-acre farm in Saskatchewan, Canada, reflected in 2010. Elmer have collected rape ahead of schedule. Helped by high prices commodities, Double E went through the years of prosperity, as shown in the financial statements on the case. Elmer, in his mid-50s, was optimistic about the industry, and he is personally satisfied with the current state of his work. Despite the sole owner of Double E Elmer knew that he was not the only stakeholders to be considered in the implementation of plans for the future of its joint venture, Jim Flath;. Chad, a farmer with whom Elmer worked closely together, and the son of Elmer Matt all added a few question marks Double Five-Year Plan E's. Elmer also had to consider changing industry dynamics, including global demand for food, and what resources he was behind it, if the circumstances in Double E were to change down the road. He was in the business of farming for a long time to know that long periods without change were rare luxuries. External changes (eg, volatile commodity prices and the elimination of wheat board) or internal changes (such as Jim or Matt developed an interest or Chad growing business) could have serious consequences for the double E. In the many potential and unknown problems, Elmer got to start challenging providing, where his farm would be in five years, both operationally and financially. "" Hide
by Donald Barclay, Jessica Kelly Source: Richard Ivey School of Business Foundation 10 pages. Publication Date: December 14, 2011. Prod. #: W11561-PDF-ENG