New Zealand Wool Board
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New Zealand Wool Board
The New Zealand Wool Board was established in 1944 under the Wool Industry Act.Julian Roche, p180, ''The International Wool Trade'', Woodhead Publishing, Cambridge, England, 1995 McKinsey & Company published a report in 2000 that sparked two years of debate for referendums and reforms to the New Zealand Wool Board. In 2001, McKinsey's recommendations were implemented and Wool Board was dissolved and was completely restructured. Objective Its key objective was 'to obtain, in the interests of growers, the best possible returns for New Zealand Wool'. Funding It was funded by a levy on the proceeds of growers' wool sales. See also * International Wool Secretariat :* Australian Wool Board :* South African Wool Board * British Wool Marketing Board The British Wool Marketing Board (also now known as British Wool) operates the central marketing system for UK fleece wool. A farmer-run organisation, British Wool was established in 1950 with the aim of achieving the best possible ne ...
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McKinsey & Company
McKinsey & Company is a global management consulting firm founded in 1926 by University of Chicago professor James O. McKinsey, that offers professional services to corporations, governments, and other organizations. McKinsey is the oldest and largest of the " Big Three" management consultancies (MBB), the world's three largest strategy consulting firms by revenue. The firm mainly focuses on the finances and operations of their clients. Under the leadership of Marvin Bower, McKinsey expanded into Europe during the 1940s and 1950s. In the 1960s, McKinsey's Fred Gluck—along with Boston Consulting Group's Bruce Henderson, Bill Bain at Bain & Company, and Harvard Business School's Michael Porter—transformed corporate culture. A 1975 publication by McKinsey's John L. Neuman introduced the business practice of "overhead value analysis" that contributed to a downsizing trend that eliminated many jobs in middle management. McKinsey has a notoriously competitive hiring process ...
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International Wool Secretariat
The International Wool Secretariat (IWS) was formed in 1937 to promote the sale of wool on behalf of woolgrowers and review research carried out by independent bodies such as the Wool Industries' Research Association at Torridon, Headingley Lane, Leeds, England.Wool Secretariat ''Evening Post'', Volume CXXIV, Issue 113, 9 November 1937, Page 11 IWS was formed by the Wool Boards of Australia, New Zealand and South Africa, and funded by levies on wool grown in those countries. Uruguay joined IWS in 1970. The IWS was the overseas extension of the Australian Wool Corporation and eventually was merged into it. In 1997, IWS changed its name to The Woolmark Company. Since 2007, the Woolmark Company has been a subsidiary of Australian Wool Innovation Limited (AWI), a nonprofit organization that conducts research, development and marketing along the global supply chain for Australian wool on behalf of approximately 60,000 woolgrowers that cooperatively fund the company. History In 1936, i ...
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Australian Wool Board
The Australian Wool Board was an Australian Government statutory board that existed in its first phase between May 1936 and January 1945; in its second phase between June 1945 and June 1953; and in its third and final phase, between May 1963 and December 1972. The first Wool Board, in 1936, together with the Wool Boards of New Zealand and South Africa decided to form an organisation to promote wool, to meet the growing challenge from synthetic fibres, which led to the formation in 1937 of the International Wool Secretariat. There have been other reorganisations of the management of the wool sector in Australia since. The functions of each three Boards varied, with third reincarnation having the widest powers that included the promotion of the use of wool and wool products in Australia and other countries; the power to inquire into, and from time to time report upon the methods of marketing wool and any other matters connected with the marketing of wool; and such other functions a ...
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South African Wool Board
The South African Wool Board was constituted in 1946 as an independent and non-profit making statutory board under the Wool Act (Act No 19 of 1946) in response to the rapid rise synthetic replacements for natural wool fibre. It was wound up in 1997. Objectives Improve marketing research, advertising and technical research of South Africa's wool and wool textiles. History The board was founded in 1946 under the Wool Act (Act No 19 of 1946). In 1972 the Wool Commission was merged with it. It was wound up in 1997. Funding It was funded by a levy imposed on all wool sales in the Union of South Africa. See also * South African Wool * International Wool Secretariat * Australian Wool Board * New Zealand Wool Board * British Wool Marketing Board The British Wool Marketing Board (also now known as British Wool) operates the central marketing system for UK fleece wool. A farmer-run organisation, British Wool was established in 1950 with the aim of achieving the best possible net ...
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British Wool Marketing Board
The British Wool Marketing Board (also now known as British Wool) operates the central marketing system for UK fleece wool. A farmer-run organisation, British Wool was established in 1950 with the aim of achieving the best possible net return for producers. It is the only organisation in the world that collects, grades, sells and promotes fleece wool and is the only remaining agricultural commodity board in the UK. Receiving no financial support, although operating commercially. British Wool is a non-profit-making organisation, returning to producers the market price for their wool, with its own costs deducted. Organisational structure British Wool is required to register all producers with four or more sheep with the exception of producers in Shetland, which has its own arrangement by selling through a cooperative. This system was developed after the Second World War, when farmers were trying to sell their wool on an open market. The system was described as being "chaotic ...
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Marketing Boards
Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services; potentially including selection of a target audience; selection of certain attributes or themes to emphasize in advertising; operation of advertising campaigns; attendance at trade shows and public events; design of products and packaging attractive to buyers; defining the terms of sale, such as price, discounts, warranty, and return policy; product placement in media or with people believed to influence the buying habits of others; agreements with retailers, wholesale distributors, or resellers; and attempts to create awareness of, loyalty to, and positive feelings about a brand. Marketing is typically done by the seller, typically a retailer or manufacturer. Sometimes tasks are contracted to a dedicated marketing firm or advertising agency. More rarely, a trade association or government agency (such as the Agricultural Marketing S ...
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Wool Organizations
Wool is the textile fibre obtained from sheep and other mammals, especially goats, rabbits, and camelids. The term may also refer to inorganic materials, such as mineral wool and glass wool, that have properties similar to animal wool. As an animal fibre, wool consists of protein together with a small percentage of lipids. This makes it chemically quite distinct from cotton and other plant fibres, which are mainly cellulose. Characteristics Wool is produced by follicles which are small cells located in the skin. These follicles are located in the upper layer of the skin called the epidermis and push down into the second skin layer called the dermis as the wool fibers grow. Follicles can be classed as either primary or secondary follicles. Primary follicles produce three types of fiber: kemp, medullated fibers, and true wool fibers. Secondary follicles only produce true wool fibers. Medullated fibers share nearly identical characteristics to hair and are long but lack crimp ...
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