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TRANSCRIPT
Purpose Driven Change
James Madden – Managing Director
Origin Story
Yesterday• Boutique Meat Processor
Today
• Full Line Meat Distributor
• Focusing on higher end restaurants
Tomorrow
• Diversified and Purpose Driven Food Company
Misalignment
Flinders Island Meat
“Boutique Meat Processor”
Flinders Island Meat
“Full Line Meat Distributor”
MISALIGNMENT Re-Think
The First Try
The Legacy Question
“When I look back on my career – what do I want to be able to say that I achieved?”
What is Purpose?
Purpose Driven Research
*Sodexo 2018 Global Workplace Trends *Nielsen Global Sustainability Report 2015 *OpenTable Sustainability Report 2017
Purpose Driven
Our DNA
• Animal Welfare
• Quality
• Provenance
• Story Telling
WHY
1.Legacy
•Meaning
•Team Engagement
•Consumer Research
Vision:“To
Cultivate a Better Food
World”
• Source Truth
• Meaningful
• Strategic
The Brand
The Realisation
I’ve got no xxxxxx idea how to cultivate a better food world.
But we’re going to try.
Vision Map
Projects
Focus Areas
Pillars
VisionTo Cultivate a Better Food
World
Planet
SustainableEnvironmentalResponsible
E.g. Carbon Neutral Project
People
RelationshipsIndustry
Community
E.g. Apprentice support service
Product
QualityProvenance
Ethics
E.g. Feedlot Free Project
Performance
ServiceInnovation
Truth
E.g. Alternative Packaging
Project.
Walking the Walk
Focus Area Alignment
Engage Carbon
Consultants
Measure, Reduce, Offset our Footprint
Measure, Reduce, Offset
our Supply Chain Footprint
Carbon Neutrality
The Worlds First 100% Carbon Neutral Meat Supplier
Marketing Awareness Alignment Loyalty Value
The Process
The Outcome
Big, Hairy, Audacious
$100 million Turnover
• To achieve our vision, we need to make change at scale.
Within 10 years
• Time is not a luxury the food world has. Time is running out.
At 10% Net Profit
• The more profitable we can become, the more we can invest in our growth, the quicker we can achieve our company vision.
“Shoot for the moon. Even if you miss, you’ll land among the stars” – Norman Peale.
So:
Make NRM Pay?
Purpose
Meaning
Alignment
Productivity
Profit