4/1/19 Update

Since taking over the reins at Pinicon two years ago, the new owners have come to realize the added responsibility of ownership also brought a new set of time obligations. This was leading to an agenda dictated by the urgent at the expense of the important.

Fortunately, with four pairs of eyes scrutinizing Pinicon’s daily operations, little goes unnoticed.

After several months of dialog and brainstorming, Leadership decided on a plan to address the deficits, promote and develop existing Team members, and improve the efficiency of the administrative department.

The centerpiece of the new organizational structure started with two promotions.

Alex will become Operations Supervisor while maintaining overall financial oversight as CFO.

Lindsay will become full time accounting specialist, supporting Alex in the financial department.

With Alex allocating 60% of his time to Operations oversight, he will be bringing 30 hours weekly to a position that had been non existent.

Lindsay’s data entry skills, ironically, will give her a productivity advantage over Alex in the short run. In addition, she is taking online accounting classes to strengthen her understanding of accounting concepts.

Post re organization, the finance department will have a 50% increase in FTE. We believe analytics are the next frontier for efficiency gains and we need to bring more resources to our activity analysis.

To fill Lindsay’s shoes in the front office, Morgen Scheer was hired as our new receptionist and data entry person.

It is always exciting to add a new member to the Team. The best hires bring new skills and idea’s for doing the same tasks easier. After only three weeks, we can see Morgen will be good.

The S.A crew is arriving this week which means Alex will be totally immersed in Supervision. It’s sink or swim time!

Most of the equipment is ready and the 2019 Production Plan just needs a few tweeks due to several late season farm additions.

It seems safe to estimate we should get in the field the last half of April, however in the spirit of caution, I put 70% odds on that outcome.

Maybe the gods of fate will appreciate my conservative forecast and reward us with an early start.

Jim

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