Insight from the CFO

We asked Paul Frampton, CFO of Volac, for a bit more information about Volac's strategic goals and what it was like to work at Volac.

Here's what he said:

How does Volac differ from other businesses you have worked for previously?

Being a family-owned business Volac has a clear sense of purpose which underpins its strong culture. We are also able to be faster and more agile due to less bureaucracy and being a stand-alone business. This also allows us to enter into entrepreneurial ventures that corporates may not consider.

What are the strategic goals for Volac over the next 3-5 years?

Our main strategic goals for the next 3-5 years are:

• To grow our business fully exploiting the >£100m capital investment the business has made in the last 5 years. This includes a renewable energy plant, increased capacity across all of our sites and new product capabilities.
• Develop new technologies and products through dedicated focus and investment in R&D.
• Delivering the above through excellent employee engagement.

How would you describe the culture at Volac and how do you ensure people live by these values?

Our culture is created via both its:

• Purpose: Dairy Nutrition for a Healthier World; and
• Values: Performance, Ambition, Collaboration and Trust.

These are evident on a day-to-day basis and guide us in our decision making and how we work together. We regularly seek feedback from our staff through employee engagement surveys and are committed to acting on their findings. We celebrate success across the company and encourage recognition to be called out.