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ROUNDTABLE INTERVIEW  -  LEARNING FROM OTHER INDUSTRIES
INTRODUCTION by
Kelly Kincannon
Kincannon & Reed
ANSWERS
Paul Bennett
Sakata Seed
Rami Dar
Hazera Genetics
Aline Funk
Channel Bio
Monika Lekander
Svalof Weibull
Roland Peerenboom
Enza Zaden
Manny Shemin
Genesis Seeds
Pete Siggelko
Dow AgroSciences
Jim Tobin
Monsanto Company
Mark Wilson Germains' Technology Group
CLOSING REMARKS
Dean Cavey
Verdant Partners
 
Jim Tobin
Director, Biotech Business Development
Monsanto Company
USA

How does your work in the seed industry benefit from what you learned in your earlier professional life?

My first job after college was as a county Extension director in Adair County, Iowa.  There I learned a great deal about volunteer leaders through working with the various commodity groups, fair board, Extension Council and local political and business leaders.

While the issues have changed, the lessons about listening to people, understanding their perspective and then finding appropriate solutions remain very current and useful.

I spent several years working on the development of a new biotech derived product that enhanced dairy cow productivity.  It was a project that stirred a lot of emotion as the dairy industry was consolidating and the fear was that our product would drive down milk prices and displace farmers.  I spent a considerable amount of time working with state government leaders, local media and dairy farmers through town hall sessions, public hearings, and many meetings sharing our knowledge about the product, answering questions and seeking common ground.  As we later launched biotech traits in seed, that early learning was very helpful.

As I worked in marketing in the ag chemical area, I learned a great deal about the value of market research as an important tool in developing tactical and strategic marketing plans.  When I was later involved in the development and introduction of biotech traits for insect control and herbicide tolerance in cotton, I worked closely with seed industry leaders and used market research to help develop our plans. 

Conversely, do you believe that other industries could benefit from some of the things you have learned as a seed industry executive?

My observation is that people in the seed industry, while being very competitive in meeting farmer needs, are very willing to help when it comes to improving the industry.

Other industries could be improved by having a more collaborative approach to dealing with industry issues.

Seed industry participants are especially close to their farmer customers.  Some of them are farmers themselves, which provides for an especially clear understanding of their customer’s needs and concerns.  This knowledge helps seed industry participants to avoid some or hopefully most of the ‘big’ mistakes and to appropriately develop and fine tune product and program offerings that meet their customer needs.

Seed industry participants are much more careful about inventory and risk management as our products are subject to significant weather and price variation and the ultimate product has a limited shelf life.  Others could learn from the careful and thorough planning used to manage production and inventory risk in the seed industry.

Finally, I think people in the seed industry have more fun.  They work hard but at the end of the day really believe that what they are doing is beneficial and makes a difference.

Jim Tobin can be reached at jim.p.tobin@monsanto.com

October 2006

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