When I speak of “SM”, I mean Supply Management, not sadomasochism, but I fully understand how people readily confuse these two subjects, as they are so similar.
1. Stop digging any deeper
2. Climb out of your hole
3. Fill in the hole
4. Find a method to keep yourself out of all future holes.
I’m not totally happy with my proposed solution as of yet. I need help to point out the potential problems in what I’m proposing. That’s where you come in. Twenty experienced people poking at the obvious holes in my rough plan would be more effective than a thousand office-bound bureaucrats drafting regulations.
1. Protect the public and the current industry from shortages, excess production, excess investment, obsolescence, shocks, chaos, and wild swings in risk, production, quality, price, and all similar measurements; thereby ensuring a smooth transition to the new reality.
2. Protect as much as possible the investments already made in infrastructure (eg. farms, barns, equipment, office bureaucracies, policies, procedures, training manuals, etc.) so that they continue to be useful and effective for current owners & users, and all future owners & users.
3. Develop measurements, then measure and communicate them in a honest, accurate, unbiased, objective, useful, and timely manner. This enables us to minimize the risk, judge our progress, verify the capabilities and stability of the system, show the costs and benefits of the changes made, and encourage us towards our better, future system.
4. While respecting the first three principles, and continuously maintaining flexibility on how best to achieve the long term goal, continue to drive the transformation forward in spite of short-term frustration, fears, finances, and friends in high places. Stay the course, or find a better course to our better future.