What Defines A "Healthy" Winery?

A new report lays out exactly what such thing look like

There are many definitions of the term “Insight”. However, they all center around the ability to see through a complex situation or thing and come out the other side with understanding. The new 2024 State of Winery Health Report from InnoVint provides the industry (particularly the production side of the wine industry) with beneficial insights into what makes a winery successful (and healthy).

First, download the report from InnoVint here.

The primary insights provided by the InnoVint Winery Health Report center around the financial, operational, and cultural aspects of the winemaking business. This shouldn’t be a surprise since these categories encompass nearly the totality of what makes up a for-profit business. However, there are some specific findings in the report that will jump out at those contemplating how to position their winery for a successful run into the future and against what are recently arisen headwinds.

Some of the top findings of the report will seem obvious to the reader or anyone thinking about what defines a successful and healthy business: Greater Efficiency, Happier Employees, Higher Margins, and Lower Employee Turnover.

However, some of the findings that define a healthy winery are not quite so obvious and deliver the kind of insights that every winery should be contemplating: