Newsletter | November-December 2023

\ NOVEMBER-DECEMBER 2023

Elevate and Grow: Nurturing Talent for a Thriving Future

FCCS clients often say, and we agree, that our people are our biggest asset. Given today’s talent market, it’s more important than ever that organizations focus on engaging with their employees and building engagement, which ultimately improves the bottom line. As one step, letting employees know you’re interested in supporting their professional futures goes a long way building trust, and also helps the business plan for succession. This edition of the FCCS newsletter explores these topics and more.

Farm Credit Employee Engagement Survey Results

Many Farm Credit organizations have for years undertaken periodic employee engagement surveys, identifying areas for improvement and trends within their organizations over time.

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Succession Planning for Success

Losing a key senior employee unexpectedly can have a dramatic impact on business operations and service delivery, and diminish confidence from members and employees alike. The solution to avoiding this danger is a comprehensive succession plan that encompasses the C-suite and other key leaders whose sudden departure would hinder “business as usual.”

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Equipment is a growing proportion of farmers’ balance sheets and values of those machines are growing at a significant rate, so accurate valuation is essential for collateral risk management. Designed specifically to support Farm Credit collateral appraisal processes, Tractor Zoom Pro automates equipment valuation with real-time access to actual auction and dealer sales prices. Based on equipment type, make and model and dozens of other variables, Tractor Zoom Pro delivers accurate, transparent and traceable valuations.

RISK MANAGEMENT CORNER

Risk and Insurance Professionals Invited to 2024 Risk Management & Insurance Conference

Effective risk management is an ever-moving target, with regulatory, industry and technology changes a near constant. The Risk Management & Insurance Conference will provide expert risk and insurance insights and information to elevate the understanding of risks, coverages and the latest in operational and industry trends. It will provide actionable content to Farm Credit risk and insurance professionals.

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