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    Market management of innovation
     

    Skilled management of the innovation phase of the enterprise is, increasingly, a prerequisite to business success. Today’s fast-growing markets pay best profits to firms in the van of those with product improvements and new products. In some industries, even mere survival depends on constant, successful new product innovation. New product success follows only when the marketing is suited to the innovational characteristics of the individual product, as the consumer views it, or can be brought to view it.

    Shean Bedi, Camp John Hay Development Corp. (CJHDevCo) senior vice president for marketing, sales and public relations, knew about operational excellence. In fact, he practically invented it. The transformation of the former military recreation site into a foremost mountain resort—efficient development programs—and infused his marketing strategy with that idea.

    In this respect, Bedi is an expert. Neither meek nor modest, he knows how to get customers to pay a price premium for their high-value products. Consumers don’t pay price premiums unless they perceive the product to be worth the extra cost.

    “CJH is not just about investment or making money but it is all about the quality of life and the serenity of surroundings that you can get—the bonding you can make with your family, because all these things are priceless,” he tells this columnist.

    Bedi understands that success isn’t happenstance. A new concept doesn’t have a chance in the market unless it’s visible, well-understood and cannily promoted. It’s got to stand out from all the other value propositions bombarding customers daily. Hotelier honchos launch their offerings with a big bang.

    “We will bring in more facilities. We will likewise establish the business side by making CAP-John Hay Convention Center the ‘convention center of the Philippines.’ Our retirement facilities keep on growing. We have negotiations with some groups to bring in the wellness and spa facilities; an ecotourism village, an artist village, among others,” Bedi says.

    The camp’s current attractions include the ecotrail, horse bridle path, butterfly sanctuary, Mile-Hi shopping and leisure center, Golf Clubhouse, Manor Hotel and the CAP-John Hay and Cultural Center, the site of the 2003 Advertising Congress.

    Although CJHDevCo’s lifeblood is product breakthroughs, Bedi don’t shy away from product extensions—new varieties that spur increased demand, additional segments of customers with somewhat varied needs. All along, the price premium being offered at CJH obtain is calibrated to make customers feel great.

    “This place is not just for the elite, but for people from all walks of life. You don’t have to shell out large amounts of money at all because we have places open to the public without cost,” he adds. People can drive, walk, have a picnic, ride a horse, play football or golf, shop, dine, honeymoon and even ghost-hunt.

    Every individual on a variety of cross-functional teams makes a commitment to the success of CJH. Compare it to an orchestra made up of different instruments but all performing one symphony together. Every player has a major role. “I will not be able to make things happen without the others [doing their job],” he enthuses.

    Bedi had done an excellent job in previous positions and now will effectively plan and execute marketing plans and objectives for CJH in the next five years. Although resolute in pursuing his goal to be among the best in the marketing circle, he had been inspired in keeping CJH nature as it is—untouched, serene and intact. This commitment is evident in the preservation of the 250-hectare leased area. A total of 175 hectares is kept as protected and managed wooded areas with foot trails, and bridle paths and flower gardens. Only CJH has Baguio’s remaining forest reserve.

    Retirement is farthest from his mind. “How will I leave CJH? This is the greatest marketing achievement I have ever done.” And the customers? “They just loved CJH—and kept expecting more and more.”

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