Benefits of Toastmaster for the Companies

2015 © Rashid Mohiuddin http://www.rashidmohiuddin.com

Benefits of Toastmasters for Corporations/Companies

Rashid Mohiuddin

2015

2015 © Rashid Mohiuddin http://www.rashidmohiuddin.com 2

Life of a Business Executive

What are the major business challenges?


Challenge #1 Innovation

Customers’ Demands

Cost Pressure

Shrinking Product Lifecycle

People who can assess the situation, come up with creative solutions, and take risk to make it happen.

Now customers do not go and buy stuff. They want you to bring the right product at the right time and right price to them. If you don’t, they won’t hesitate to switch the brand.

There is an extreme cost pressure on all the industries. Innovation is often mistaken for novel products with exciting features. On the contrary, a lot of innovation in the businesses is about improving the processes and business structures.

Even if you are lucky to have built an earth-shattering product, it is not going to last for decades like old times. How often do you replace your cell phone and TV sets?


Challenge #2 Globalization

Emerging Markets

Complex Supply Chains

Global Talent

People who can communicate with and lead multicultural teams, and draw competitive advantage with this diversity.

In old days you can manufacture you entire product within your own factories. But now it’s about finding the right supplier in different parts of the world and your job is to integrate and manage this complex global supply chain.

The growth is coming from highly populated countries that are opening their markets. Moving from BRIC, and now into countries like Indonesia, Turkey and Mexico.

Now companies have access to global talent pool and they must pick best people from all across the world to build their teams. But how to manage the multicultural workspace?


Challenge #3 Agility

Speed to Market

Respond to Market

Regulatory Compliance

People who can think on their feet, make optimal use of available resources, and steer through challenges to deliver results.

How many times things will happen as you have planned? Likely they will change, and the team will have to respond quickly and effectively..

Bring the product to market in the shortest possible time. Must be quicker than competition!

One of the common bummers comes from governments, who are getting exceedingly intrusive in businesses with regulations and they expect the implementation to be done in days and weeks, not years


What is the common FACTOR in tackling all the challenges?

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What SKILLS do the PEOPLE need?

Visionary Leadership

Critical Thinking

Multicultural Team Management

Initiative & Risk Taking

Resources Management

who can plan and manage the available resources and deliver optimal results

who demonstrate empathy and awareness towards people from other cultures. And able to influence and lead the team towards a goal.

who is not waiting for others to initiate, but to be the one taking the challenge, calculate risk to do things differently and better.

who have foresight, can develop plans and lead people though the change

who can evaluate the situation objectively, challenge the status-quo and have the skills to present their insights.


How Toastmasters can help?


How Toastmasters Benefits meet Business Needs?

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Desired Skill Development with Toastmasters

Visionary Leadership Club Exco, Club President, Area/Dist/Div Leadership, Self Leadership

Critical Thinking Speech Topic Selection, Speech Evaluation, Club PR Campaigns, Impromptu speaking

Multicultural Team Management

Exposure within own club and beyond, Club meeting planning, Contest planning

Initiative & Risk Taking Your first speech, role, contest, exco role, etc. New Member campaign

Resources Management Club budget planning, Organizing club meetings and contests, DCP goal setting and management

Experiential Learning Highly affordable!


Then what is everyone waiting for?

Your company needs YOU. Your boss needs YOU. Your colleagues and friends at work need YOU to launch the Toastmasters club!

Benefits of Toastmaster for the Companies

Leadership & Management

Transcript of Benefits of Toastmaster for the Companies