In 1987, Landcorp was corporatised as a state-owned enterprise under New Zealand’s public sector reforms, and began operating as a collection of farms located throughout the country. Twenty years later, Landcorp had established a record of careful land management, productivity growth, and solid financial returns. By 2007, it had transformed from a fledgling company to one of the country’s largest farmers. Landcorp was a major agribusiness with assets of more than NZ$1.4 billion.
This case study examines the operations, development, and innovative approach to business undertaken by Landcorp Farming Limited. Transformed from a government department to a commercially focused and progressive state-owned enterprise, Landcorp prided itself on its continuous improvement and innovation. The case study concentrates on the challenges faced by Landcorp to maintain profits and growth, and its strategic direction for the future.
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|Business Case Study No||UA-2009-003|
|Number of Pages||1|
|Category||Contemporary narrative; Teaching case|
|Teaching Notes||Teaching notes available|
|Company||Landcorp Farming Limited|
|Setting - Country||New Zealand|
|Source||Auckland, NZ. Publisher: University of Auckland Business Case Centre. Pages: 1 - 2|