Supervision & Trust Compass of Great Farm Managers. Parameters For Evaluation 10/14

Verbal promises only, no specs. Like saying “doodh laao” without checking fat or adulteration.

Written contract but vague (no grade, price fluctuates). Like saying “bring wheat” without moisture/weight terms.

Formal framework with quality specs, timelines, and price range. Like dairy contracts mentioning SNF/fat %, testing method, and price link.

Risk-sharing contract: specs, price, delivery, penalties, insurance, all included. Like sugarcane contracts with formula-based pricing and clear mill duties.

No off-take arrangements; sell in open mandi. Like building flat without finding tenants.

Informal understandings with buyers. Like saying “mera flat dekh lena” without agreement.

Written MOUs with processors/exporters, MSP-like safety net. Like signing 11-month lease agreement before flat is ready.

Forward contracts with clear delivery, price, quality, and penalty clauses. Like a 3-year rental agreement with rent escalation locked.

No formal agreements; all casual. Like borrowing tractor from cousin with no clarity.

Informal agreements, often verbal. Like saying “tractor ₹500 per hour” but no receipt.

Written agreements for land lease, machinery hire, IP use. Like rental contracts with rent, terms, and deposit written.

Comprehensive legal documents with safeguards: lease registration, SLA for equipment, IP licensing. Like notarized rental agreements with clauses for breakage, repair, and penalties.

No monitoring allowed. Like a school refusing parent-teacher meetings.

Selective monitoring, only when convenient. Like showing only “best classrooms” to parents.

Allow independent audits periodically. Like schools allowing PTMs every term.

Encourage third-party monitoring, provide data & access proactively. Like schools with online portals where parents see daily attendance & marks.

No dashboards, only occasional verbal updates. Like asking restaurant “order nikal gaya kya?” repeatedly.

Basic Excel/PDF reports shared monthly. Like bank giving passbook updates once in a while.

Digital dashboards with regular updates on yield, costs, risks. Like food app showing order confirmed → picked → on the way.

Live dashboards with mobile alerts, IoT data, and investor log-in access. Like Uber showing driver live on map + payment receipts instantly.