The BC Wine Institute Launches WineBC2030 BC Wine Industry Long-Term Strategic Plan
PENTICTON, BC - March 14, 2019 (Investorideas.com Newswire) Following another successful BC Wine Industry Insight Conference (March 12, 2019 at the Penticton Lakeside Resort, Penticton), the BC Wine Institute is pleased to announce the launch of the WineBC2030 long-term strategic plan.
Bringing together more than 200 industry stakeholders and key speakers, the BC Wine Industry Insight Conference provided an informative overview of the current and future states of the wine industry from industry experts. The conference concluded with the delivery of WineBC2030 - a culmination of more than 18 months of industry engagement led by the BC Wine Institute in developing a ten-year strategic plan for the BC wine industry.
"In a rapidly evolving environment, the global wine industry is changing at an unprecedented rate," notes Miles Prodan, President & CEO of the BC Wine Institute. "WineBC2030 is about coordinating efforts to provide a vibrant future for the next generation of farmers and winemakers to thrive."
The BC Wine Institute partnered with The Artemis Group and O’Donnell Lane LLP to develop a well-actioned plan for the BC wine industry. The result is a synchronized strategy for all areas of the industry, a guide for decision-making over the next ten years that is tailored to the strengths of the region as a whole.
"It has been a privilege working together with the BC Wine Institute on the WineBC2030 project and getting to know this extremely diverse and rich region," says Honore Comfort, founder of The Artemis Group. "BC is poised to rise to the next level of prominence within the global wine industry. Our goal with the plan is to offer the insights, strategy and direction to guide the process and help the industry leverage its unique strengths to build a healthy and profitable future."
The road to WineBC2030 began in October 2017, when the BCWI board recognized the need for a long-term strategic plan. Since then, more than 30 meetings have taken place in 12 locations province-wide. More than 650 industry participants provided input into the plan via multiple platforms, including industry working groups with representation from each of the sub-regions in BC, local industry experts and key stakeholders. In addition, progress updates were regularly communicated to the industry, creating opportunities for interested members of the wine community to contribute.
"There was an incredible amount of industry engagement throughout the planning process. The intention was to create an environment of transparency, accountability and engagement to work collaboratively and to listen and learn from the industry in order to build a plan that will serve this industry and the goals going forward." notes Prodan.
During the BC Wine Industry Insight Conference, Comfort led industry through the strategic vision of WineBC2030, addressing overarching issues and opportunities that will shape and sustain the industry for decades, including sound strategies tailored to address the specific complexities of the BC wine industry.
"BC is truly one of the most distinctive wine regions I’ve been to. The BC wine industry has an opportunity to claim its place on the world’s wine stage. This is an exciting turning point for the industry." Comfort said, during her presentation.
The final long-term strategic plan for the British Columbia wine industry serves as a dynamic model designed as a high-level and visionary road map to guide implementation, facilitate decision-making, adapt to shifting external forces, and motivate an industry to grow and change.
"A lot of what we are already doing is in this plan, so it’s good to have verified we are on the right track," notes Prodan. "The Board of Directors has enthusiastically endorsed this plan, so the next step is to implement the long-term strategic plan into our annual operations planning, for years to come. Recognizing this is an industry-wide opportunity, we are committed to taking this forward.
For more information on WineBC2030 and to follow along the process visit, WineBC2030.com
The BC Wine Industry Insight Conference was hosted by the BC Wine Institute in partnership with the BC Wine Grape Council, the BC Grapegrowers' Association and the BC Wine Authority.
Editors: Photos are linked for your consideration with the following cutlines,
Photos 1 – WineBC2030 Long-term strategic plan expected outcomes infographic
Photo 2 - Okanagan Valley, British Columbia
About The British Columbia Wine Institute:
Since 1990, the BCWI has played a pivotal role in taking BC's wine industry from a vision to an internationally recognized niche region producing premium wines and providing exceptional wine tourism experiences. The BCWI markets the wine and regions of BC; delivers quality trade, media and consumer tastings; and acts as the voice of BC's wine industry by advocating to government on behalf of industry that contributes $2.8 billion in provincial economic growth annually.
The BCWI represents all wineries in British Columbia to grow the premium market share for the Wines of British Columbia, while driving awareness of our world-class wines and tourism product - currently drawing 1,000,000 visitors with $600 million in tourism and tourism employment related economic impact every year. For more information about BC Wine Institute's programs and services, please visit WineBC.com.
For details on the Wines of British Columbia, go to WineBC.com, like the Wines of British Columbia Facebook page and follow @WineBCdotcom on Twitter and Instagram.
Media Relations Manager
British Columbia Wine Institute
T: 250.762.9744 ext. 108
BeverageStocks.com - investing ideas in food and beverage stocks including wine and beer stocks
Like Beverage Stocks? View our Beverage Stocks Directory
This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release on the Investorideas.com newswire https://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.