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Newfoundland and Labrador Product Development Strategy

Newfoundland and Labrador Product Development Strategy

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- 217 -across the province – museums, cultural programs <strong>and</strong> events, professional arts <strong>and</strong>culture <strong>and</strong> so on. They may receive an initial SCIF grant to get established, but nothingfor ongoing operations.Overall Approach ProposedThe consulting team has developed a number of proposals to modify the current situation <strong>and</strong>these are introduced in the material to follow in most of the rest of this section.The objective is to establish an appropriate product development system in the province that hasthe following important capabilities:1. Ability to pursue <strong>and</strong> fund key dem<strong>and</strong> generating <strong>and</strong> dem<strong>and</strong> influencing projects thatrespond to the strategy, in a proactive fashion2. Encouraging <strong>and</strong> supporting the development efforts of dem<strong>and</strong> influencing projectsseeking funding <strong>and</strong> other assistance3. Supporting the efforts of the tourism industry in designated destination areas4. Supporting key dem<strong>and</strong> generating/influencing product sector alliances/teamsThe kinds of support associated with particular project <strong>and</strong> provided within the system wouldrange from planning <strong>and</strong> feasibility assessment, through bricks <strong>and</strong> mortar facilitiesdevelopment, business planning, professional development <strong>and</strong> training to the remainingelements of market readiness, including programming <strong>and</strong> packaging. In other words, it wouldbe designed to address, where <strong>and</strong> when required, everything involved to get a product ready togo to market in a quality fashion. The building blocks of the approach are illustrated in Exhibit 9on the following page.The whole idea is to take an opportunity/strategy approach to identifying developmentopportunities <strong>and</strong> needs, then be pro-active <strong>and</strong> entrepreneurial in pursuing developers/operators<strong>and</strong> in deal making.From an overview perspective, we are proposing the system to have the features illustrated in theexhibits to follow. Although it may appear at first glance to be very different that what is inplace today, in fact it builds on the organizations already in place to a maximum degree,essentially linking them in appropriate ways <strong>and</strong> coordinating their efforts to a degree. It alsofills some key gaps. There are four components involved:o <strong>Newfoundl<strong>and</strong></strong> <strong>and</strong> <strong>Labrador</strong> Tourism <strong>Development</strong> Agencyo Tourism Alliances/Teamso Regional destination marketing organizations (DMOs)o Local/regional tourism industry development associations/committees (RTDAs)And there are four organizations involved directly in participating with, working with <strong>and</strong>financially assisting the foregoing:o HNLo The Province – DTCR <strong>and</strong> DITRDo ACOATHE ECONOMIC PLANNING GROUP of Canada <strong>Newfoundl<strong>and</strong></strong> & <strong>Labrador</strong> Tourism <strong>Product</strong> <strong>Development</strong>D. W. Knight Associates <strong>Strategy</strong> <strong>and</strong> Accommodation Needs Study

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