This document discusses the benefits of Toastmasters for corporations and companies. It outlines several major business challenges such as innovation, globalization, and agility. Facing these challenges requires skills like visionary leadership, critical thinking, multicultural team management, initiative and risk taking, and resources management. The document then explains how Toastmasters can help develop these skills through experiences like giving speeches, taking on leadership roles in clubs, and participating in contests. In the conclusion, it encourages the reader to start a Toastmasters club at their company to help develop these important skills.

1. 2015 © Rashid Mohiuddin http://www.rashidmohiuddin.com
Benefits of Toastmasters for
Corporations/Companies
Rashid Mohiuddin
2015

2. 2015 © Rashid Mohiuddin http://www.rashidmohiuddin.com 2
Life of a Business
Executive
What are the major business challenges?

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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?

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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?

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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

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What is the common FACTOR in
tackling all the challenges?
6

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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.

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How Toastmasters
can help?

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How Toastmasters Benefits meet
Business Needs?
9
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!

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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!