Sometimes the things with the biggest impact are the things that no one saw coming.
There’s a big change going on in the wine industry, which is only ever noted in individual cases: the passing of a winery from one generation to the next. When one of the greats retires, of course, it’s big news. But what hasn’t been discussed is that this transfer of property is happening at an accelerated rate and will pick up steam in the next five to 10 years. Some people are more prepared for this than others — New Zealand Winegrowers have begun to offer members information and a seminar on succession planning, as Rebecca Gibb MW reports.
In general, however, talking about this issue draws a blank, as I discovered when I set out to do a story on demographic change.
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