Integrated Risk Management: Developing an Asset-Based Business Strategy

Margaret Lippsmeyer, Michael Langemeier and Michael Boehlje

farmdoc daily, 2025, vol. 14, issue 54

Abstract: Integrated risk management is a comprehensive approach that addresses business, financial, and strategic risks collectively, safeguarding your organization against potential threats. This article analyzes the importance of integrated risk management for production agriculture, an industry which is highly susceptible to external shocks. We will discuss potential market shocks that farming operations should be prepared to handle, how organizational ambidexterity aids businesses in managing challenges today while preparing for the future, and how to create an asset-based business strategy that leverages farm resources and capabilities.

Keywords: Agribusiness; Financial Management (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:ags:illufd:358552

DOI: 10.22004/ag.econ.358552

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