Strategic Plan
Strategic Plan
Tourism and Events Queensland is one of the most prominent tourism organization
in Queensland. The purpose of TEQ is to build the state tourism and events industry
to boost tourism growth, foster innovation and increase the visitor expenditure. The
Queensland. The tourism and Event Queensland vision are "Inspiring the world to
The Tourism and Events Queensland strategic reports part A will determine on the
Tourism and Event Queensland organization's purpose should not make any change
in 2040 because the current purpose of the TEQ is well-described the organization
fundamental value and reasons for the existing in the present and the future. TEQ
organization's mission has a clear objective which benefits to achieve the present
and organization future goal. The organization mission also aligns and fit with the
Queensland 2040 tourism scenario as well. The current vision of the organization
should be changed to match with the future forecasting of the growth with the
domestic traveller. Due to the 2040 scenario, the state-owned the high-speed rail will
travellers in Queensland.
drivers of the four critical megatrends that leading to Scenario 2040 such as
biotechnology. Moreover, we will focus on the Ansoff's product and market growth
student travel to Queensland and describe control and monitor by using the SMART
objective to ensure that the revised strategy will be achieved in the future.
Executive summary.................................................................................................... 2
Introduction................................................................................................................. 5
Resource analysis.......................................................................................................8
SWOT Analysis..........................................................................................................14
Drivers.......................................................................................................................18
Revised strategy........................................................................................................21
Evaluation .................................................................................................................24
Appendices................................................................................................................27
Reference lists...........................................................................................................28
in December in 2012. The tourism sector has considered as one of the state's four
Tourism and Events Queensland play a significant role in marketing and delivering a
strategic direction to bring the Queensland Government's growth plan. The purpose
the organization and assist them to evaluate how the organization to achieve the
long term goal in the tourism industry. There are a few issues that will be addressed
as the weakness through the SWOT analysis such as a few social media platform
that the organization is using to engage with the customers and the less active posts
on social media. In the future scenario, we suggest the Tourism and Event
Tourism and Event Queensland (TEQ) is the state responsible take the lead
visitor expenditure and drive industry growth. The substantial growth of tourism and
benefit to the state. The organization have been a partnership with regional tourism
its goals and missions. TEQ's vision is inspiring the world to experience the best
Queensland. The Tourism and Event Queensland are responsible for marketing
the uniqueness and the most appealing tourism experiences within the QLD region.
TEQ also respond to developing, attracting identifying and marketing for a variety of
significant events for the states. Besides, the Tourism and Events Queensland act on
organizational values which support the organization's purpose, culture and the
strategic direction. The value is focusing on Lead together, One team, Agile and
responsive and Go beyond. The TEQ board have a clear purpose, priorities,
direction, and the TEQ team is encouraged to execute. The organization work as a
partnership with the teammates and always act for the best for the whole. TEQ
Tourism and Event Queensland are solution-drive, innovative and creative. The
The internal analysis of the Tourism and Events Queensland is an exploration of the
competencies and competitive advantages of TEQ are the strong brand image and a
accomplishing substantial social benefit and economical for the state through tourism
tourism in Queensland (“About Us”, 2020). The Tourism and Events Queensland is
the largest body advocating for tourism and Event in the state. The organization is
well respected in the Australian market. TEQ has substantial support from the
Queensland's economy, enhance the profile of QLD state, attract inbound and
(“About Us”, 2020). TEQ is devoted to attracting and holding a high skilled workforce
to achieve the organization set objectives. In 2019, there were 144 full-time
officer ("Annual Reports", 2020). The high standard and quality of the of TEQ's
2020). TEQ is utilizing with a tall organization structure that has Chief Executive
organizational authority. On the financial resources, TEQ got funding and grants from
the QLD government. The majority of regional and local events is often supported by
2018 and 2019, the Government provided a new special initiative grants funding $36
million to the TEQ to support directly to all the expenses to all the events recorded as
development, Marketing and Event support expenses ("Annual Reports", 2020). The
TEQ product and market activities are focusing on the Hero experiences that have
the best potential to drive visitation and expenditures. The five experiences pillars
have identified through the customer research and form the TEQ's creative strategy
and define the massaging is delivered to future customers ("Annual Reports", 2020).
critical implement to identify different macro external environment factors that effect
on the organization strategies and how they influence the presence of tourism
Economic and Social factor. The environmental factors that challenge tourism and
events in Queensland are the climate change impact on the destination. The
resources for tourism business. The major tropical cyclones are major climate events
in Australia destroy the ecosystem and restrictions to tourists (Kragt, Roebeling &
Ruijs, 2009). Also, the impact of global warming and tourists on the Great Barrier
the only danger to the Reef, but also destroyed water quality, unsustainable reef use
by visitors and unsustainable fishing. The technology factor that challenges the
tourism and events in Queensland is the technology trend in tourism. The technology
has changed the way operators target holidaymakers, pushing a re-imaging of the
tourist experience, disturbing current service offerings and the end-to-end tourist
Event in Queensland, such as social media. Social media can have an advantage to
value opportunities for tourism destination and operation. The platform such as
Instagram, Facebook, Snapchat and Twitter are now essential to the travel
landmarks, food and attraction places with their followers, friends and family.
Australia is one of the most politically stable countries in the world, where people
considered the safest place to work and live (Lloyd, 2008). The Covid-19 Pandemic
became a key challenging in political factor in Australia in 2020 due to the significant
restriction law of the border for the travellers. Queensland's economy is the 3rd
Tourism industry played a significant role in the growth of the state economy. In the
travelling with beautiful beaches, multicultural cities, friendly people and country
town. The tourism sector contributes $12.8 billion directly to the Queensland
2020). There is a negative effect on the unemployment rate that considered the
critical challenge on social factor in Australia. There are more than 138200
Queenslanders have lost their job related to tourism services since the beginning of
avoid the spread of the Covid-19. Therefore, the majority of the businesses in the
state close down and domestic, and international workers lose their job.
Porter's five force analysis in TEQ is a model that analysis and identify the five
competitive forces that affect Tourism and Event Queensland organization. The five
forces consist of bargaining power of suppliers, the threat of new entrants, rivalry
among existing competitors, the bargaining power of buyers and the threat of
substitute products and services. The bargaining power of supplier of the Tourism
and Events Queensland are high because the urge from regional tourism operators
to increase visitations and visitors spending. For instance, wine and food
experiences are a significant part of motivating people to travel around Australia. The
use of an anchor tourism product can change a tiny regional town in Australia into a
popular destination. Therefore, there are many local businesses will be open, and a
wide range of staffs will be needed as the suppliers (Tourism Investment in Regional
Australia Second Half 2019, 2020). The bargaining power of the buyer of the Tourism
and Events in Queensland are high as well because the travellers can check the
price of the service of the destination travel through online (Tourism Investment in
Regional Australia Second Half 2019, 2020). For instance, the travellers would
search the hotel or accommodation in Queensland through online and compare the
price offer and places before they make a reservation. Therefore, the travellers no
longer need assistance from the local travel agents or the corporate travel consultant
to determine where they will travel to and get their service. The threat of substitute
travellers can substitute the Queensland travel destination to other countries such as
Bali or Fiji island. There are a few factors that lead the traveller to make a
substitution with the travel destination, such as the cost of travelling and the travel
costs, high skilled workforces, and Government support the business, reliable and
sophisticated infrastructure (Insurance, Statistics & 2020, 2020). The rivalry among
existing competitors tourism in Queensland are other states and territories such as
Melbourne and Sydney. In 2019, there was a total of 27.4 M of international and
However, the total number of tourist in Sydney were 41 million and 3.1 million in
define and determine the Strengths, Weaknesses, Opportunities and Threats within
the organization. The strengths of TEQ organization are the strong brand and the
leading tourism organization in QLD ("About Us", 2020). The TEQ got significant
supports and funding from the Government. TEQ is the Queensland state
("About Us", 2020). Moreover, Tourism and Events Queensland organization have a
robust online presence for services. The organization uses Facebook and Instagram
as a pivotal platform to communicate with customers, post videos and photos and
promote Queensland travel destination to the world. The weakness of Tourism and
YouTube and Twitter. However, there are only achieved four posts a week on the
social media that considered as not consistently the frequency of post. The virtual
tour is one of the excellent opportunity for Tourism and Event Queensland. The
virtual tour has benefits for the organization, such as increase visitor retention in
the future visitors can view (Pestek & Sarvan, 2020). Besides, it also helps the
threat to Tourism and Event Queensland. The current Pandemic of COVID-19 has a
The Pandemic has crippled the tourism industry and lost up to $5 billion in the past
Strategic recommendation
The competitive advantage of the Tourism and Events Queensland are the strong
brand image of the organization. The brand image of the TEQ would assist in
quality, variety and safety of the destination. It is a niche, world-class products and
increase visitors to Queensland in the future. Also, the uniqueness of the travel
destination and the iconic natural asset such as the Great Barrier Reef is one of the
world's most extensive coral reef system. It would help Queensland tourism to
differentiate from the competitors by the uniqueness of the destination offering to the
visitors. Moreover, Australia is the proximity to Asia. It would become the best
opportunity to target a new market in Asia. The TEQ can implement a targeted Asian
market strategy such offer affordable price, collaborating with Asian tourism
Queensland Australia.
Section B will be discussing the change and retain of the Tourism and Events
Queensland organization purpose, mission and vision. Following the outline, the key
driver's megatrend that leads to Scenario 2040 of Queensland tourism. The revised
strategies will be suggested, and we will do the evaluation and apply critical
Tourism and Event Queensland organization's purpose should not make any change
in 2040 because the current purpose of the TEQ is well established about the
organization fundamental value and reasons for the existing. As Tourism and Event,
long term. TEQ is the largest tourism organization in the state that have a role as
contribute the growth within the Queensland tourism sector in the present and near
enhance innovation, increase visitor expenditure and lead industry growth. The
organization purpose will support with the forecast of Scenario 2040 by grow the
numbers of the visitors and offer unique experiences and the best travel package for
the visitors. The visitors excited to show off on their experience social media and
help to promote the following visitors to visit Queensland. Tourism and Event
the current and future goal of the organization. The organization mission also aligns
and fit with the Queensland 2040 tourism scenario because TEQ is focusing on
connect people and place like never before through the collaboration and innovation
within the events and tourism industry in Queensland. However, the 2040 scenario,
the state-owned the high-speed rail will operate within Australia. Therefore, we
to inspire the world experience the best address on earth. The current vision of the
organization should change to match with the Scenario 2040. The future vision of
experience the best address on earth". Due to the increased price in air travel,
international travellers are likely to drop its number in the future. Therefore,
Queensland tourism would expect to increase in domestic travellers rather than the
change likely to impact how people live and work (Buckley, Gretzel, Scott, Weaver &
shaping the world. Megatrends are slowly to form but can influence a wide range of
Weaver & Becken, 2015). Four megatrends have a significant impact on 2040
High fuel costs are one of the critical drivers that lead to increase price in air travel
as a megatrend in the future. The cheap oil is a critical factor that leads to the
successful growth of tourism in recent decades (Slaibi, 2007). In the future, the
increase in global oil prices will harm income from tourism sector (Slaibi, 2007). For
rate. Therefore, it will harm travel propensity and particularly to a long-haul travel
destination. Fuel costs are one of the critical challenges that lead to harming
price of travel by aeroplane. The domestic tourists or short-haul air travel can be
replaced by high-speed tail transporting passengers between the major capital cities
and to the regional area in Australia. However, there could be a significant drop
The advance of technology and the internet are the key driver of the social media
tourism and travel industry that assist businesses with everyday operation and also
improving the traveller's experiences. The technology and internet lead people to
access on social media which is the everyday entertainment and access the travel
information for the world travellers (Okamura, 2019). Social media have guided to
the democratization of information in tourism and shift the power more towards
customers that currently have access to information and recommendation from the
previous travellers and locals (Zeng, 2013). The TEQ organization also have a
Facebook and Instagram in the purpose of attracting the local and the world
travellers to visit this excellent sate. Therefore, social media is a megatrend of the
scenario 2040, where it will lead to attracting the world population to travel more in
Queensland and seek for a new travel experience while exploring the destination.
The travellers would be excited to show off their travel experiences in much iconic
nature attraction in Queensland through photos and videos to friends and family via
is an integral part of the tourism industry because of transportation link tourism with
countless tourist attraction (Alkheder, 2015). Tourism will be expanding more when
there is better transportation. The alternative of flying is another driver that leads to
forecasted that there would be an increased price of air travel in Australia. Therefore,
the high-speed rail will be ready and available to transport passengers between the
major cities to the local region within Australia. The local people or domestic
travellers can replace short-haul travel by air to the high-speed rail in the future.
Highspeed rail will cut the travel time between the major cities to the regional areas
and motivate local people to travel more often. Therefore, the significant increase
part parts of this to create or utilize different products that help to improve our lives
technology and the desire of convenience drive would lead to having biotechnology
beneath the skin and inside the palm bring a new meaning way to pay money in the
future. The palm payment method would bring new experience and accessibilities to
the tourist in the future. Moreover, the chip payment in the palm would make more
convenience for the tourist make payment while they travel. It will be secure the
safety and the loss and damage of money. Also, the future new method of payment
Revised strategy
Ansoff product and market growth matrix will be a strategy that use to maintain the
competitive advantage of Tourism and Events in 2040. Ansoff product and market
determining its market growth and product (Fleming, 2011). The matrix usually
determined by focusing on the products are existing or new, and the market is
existing or new. The Ansoff product and market growth matrix consist of 4 alternative
and diversification.
Market penetration is a strategy that covers the products that are existence and
already existing in the market. As Queensland are prevalent in iconic natural assets
that offer unique experiences for the tourists as a core competitive advantage.
Tourism and Events Queensland hold a strong brand image and will advantage to
promote the potential asset of Queensland tourism destination via TEQ's Social
media platforms (“About Us”, 2020). In scenario 2040, as healthy growth in the
economy. The world population will need experiences in travelling where people are
keen to show off their events on social media with their friends and families.
media platforms. It would contribute increasing the number of followers through the
organization social media pages. The future followers on our social media are
expected to be the world travel lovers, and we will target them to visit Queensland in
the future.
Product development is a strategy that new products are introduced into existing
markets or modify of the existing product, scUber is one of the most uniqueness
ocean adventure and the world's first rideshare submarine which launched on the
Great Barrier Reef in 2019 ("Queensland and Uber partner to launch scUber, the
world’s first rideshare submarine on the Great Barrier Reef | Uber Newsroom
Australia", 2020) .The exclusive experience was available in an only short period
from May 27 to June 2019. However, the Tourism and Events in Queensland should
collaborate more with Uber to develop in scUber service to be available for the
travellers in every year . This strategy will be beneficial and to differentiate the
product from the rival. In scenario 2040, the world population will crave for travelling
and seek for the new experiences. Therefore, this new experience as scUber will
reach the need for future travellers. The Great Barrier Reef is a popular tourist
destination with over 2 million visitors a year (2020). The development of scUber
service would let the Queensland visitor explore and experience Queensland's Great
Barrier Reef like never before. At the same time, it will help to grow the positive
awareness and the story of the Reef in Queensland. The scUber will help to promote
the Great Barrier Reef to the global travellers and will boost the future traveller
number in Queensland.
development is a strategy where the business sells its existing products to the new
tourism will be target a new market as the international students to boost the number
numbers", 2020). As the scenario 2040, the high-speed rail will be ready to transport
the passenger between the major cities to the regional areas such as the east coast
time selling new products to a new market. Queensland is famous for having many
beautiful beaches and island ("Australia's best beaches - Tourism Australia", 2020)
There are many stunning islands in Queensland right off the coast from north to
south. They are some highlight and famous islands such as Frazer, Stradbroke,
Hamilton, Fitzroy, and so many more. The Tourism and Events Queensland can
establish the most prominent sea festival in Queensland annually as the event
experience for the future domestic visitors as the competitive advantage. It will help
to develop the destination of its product and services to be more entertainment and
Evaluation Describe
There are several generalized criteria will be utilized in the evaluation alternatives
Queensland tourism 2040 is to boost the international student to travel more often
within the Queensland region. Based on the SWOT analysis that has been identified
the main strengths, weaknesses of the organization. Then, we will apply the new
strategy to overcome the weaknesses, and it will coordinate with the growing tourism
scenario 2040. Moreover, the TEQ purpose and mission also align with new strategic
options by the aim to boost the tourism and events in Queensland to grow stronger
strategic options will be feasible because Tourism and Event Queensland have a
strong brand image within Australia. TEQ is one of the central tourism organization
which have the potential to promote the destination through the local and
international people within Australia. Also, TEQ has healthy, skilled workforces who
are capable of executing the task or new tourism projects successfully in the present
external stakeholder. The internal stakeholder such as the Government that TEQ has
been working closely. The organization also received support in planning and funding
Moreover, the new strategy will get supported by the local people in Queensland
because the organization gain trust from domestic people and international students
region.
international student to travel to Queensland. The strategy will monitor by the set
travel location for the future international students is 13 regions in Queensland such
considered as the 3rd primary export sector in 2009 that generated $18.6 billion in
Australia (COAG, 2010). The international students also play a significant role that
boosts the tourism sector in Australia (2020). Between 2001 to 2011, the figure for
international tourists who came to Australia for further education increased by 6.4%
(2020). The figure is estimated to grow by 2020, with an average annual rate of
4.6%. The connection between the education sector and the tourism sector is
significantly vital in Australia. We will measure the success of the revised strategy by
TEQ social media platforms such as Facebook and Instagram. Therefore, we can
through social media. The strategy will be attainable because we will use TEQ
organization social media as the critical method to reach out to the target market.
The variety of holiday promotion packages and a particular price offering will be
advertised on social media to attract international students. Due to 2040, the high-
speed railway will be ready to transport the local people and international students
from major cities such as Sydney or Melbourne to Queensland local region more
frequently and spend less time travelling. The future strategy will become a reality
because of Australia high-speed rail will move people from different cities to the
regional areas, especially along the east coast of Australia. The high-speed rail will
bring convenience for the passengers and save time for travelling. Therefore, the
local people and the international student would like to visit Queensland often in the
Queensland, which is match with the TEQ's purpose. The international education
visitors spent $803 million in Australia and took a trip to a different destination and
regional destination within a country (Blog, 2020). The time base of the future
strategy, the new strategy will be launch in 2040. The new strategy will be expected
to achieve in 2 years. We expected that there are 60% of the overall Australian
Strengths Weaknesses
Strong brand name Limited social media
Positive reputation presence
Leading tourism organization in Over-reliance of on the
QLD weather condition experiences
Strong online presence for service (not enough cultural
Government support- grants and experiences)
funding Travel based organization,
Strong ties to Queensland when travel is restricted, the
businesses industry essentially shuts
Diversity in product & experiences down.
Iconic natural assets that offer
unique experiences
Accessibility through strong
transport connections
Queensland proximity to Asia
Opportunities Threats
Virtual tours Uncertain length of Pandemic
Overnight tourism in QLD continuing Raise in unemployment –
to grow COVID19
Mobile technology developments Social distancing and travel
continue to influence the way bans due to COVID-19
tourists plan and experience travel Low switching costs for
travellers to choose different
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