Agricultural Economics Department

 

Date of this Version

11-30-2022

Citation

Cornhusker Economics (November 30, 2022)

Agricultural Economics, University of Nebraska-Lincoln

Abstract

Adapted from Right Risk, volume 10, Issue 10, October 2022.

Effective communication within a farm or ranch family, especially when multiple generations are operating and managing the business, is the underpinning of all other decisions made in a family business. It is critical that farm and ranch families identify areas of contention and develop communication skills that will allow them to negotiate satisfying outcomes. This may involve basic skills training, including communication, problem solving, and decision making.

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