Toronto Training and HR provides training, consulting, and human resources services. The document discusses strategic considerations and concepts including enabling strategic success, broad strategic styles, essentials to execute strategy, models of industry competitiveness, diffusion of innovation, reasons for organizational growth, sustainable growth strategies and drivers, funding and location of research and development, developing or acquiring technology, integrating resources for new products, developing a leadership strategy, communicating technical strategy, and technology strategies in developing countries.
2. CONTENTS
5-6 Enabling strategic success
7-9 Broad strategic styles
10-11 Essentials to execute strategy
12-13 Systemic strategic behaviour
14-15 Five forces model of industry competitiveness
16-17 Diffusion of innovation
18-19 Why should an organization grow?
20-25 Sustainable growth
26-27 Funding and the location of R & D
28-29 Developing or acquiring technology
30-31 Resource integration in a new product launch
32-33 Leadership development strategy
34-35 Mistakes with leadership strategy
36-37 Communicating strategy at the technical core
38-39 Technology strategies in developing countries
40-41 Strategic manufacturing priorities
42-43 Questions to ask around HR strategy
44-45 Anchor points for HR measurement
46-47 Steps to strategy making
48-49 Drill
50-51 Conclusion and questions
Page 2
4. Page 4
Introduction to Toronto Training
and HR
Toronto Training and HR is a specialist training and
human resources consultancy headed by Timothy Holden
10 years in banking
10 years in training and human resources
Freelance practitioner since 2006
The core services provided by Toronto Training and HR
are:
Training event design
Training event delivery
Reducing costs, saving time plus improving
employee engagement and morale
Services for job seekers
11. Essentials to execute strategy
• Start with people
• Establish a base level of
competence
• Create coaching and mentoring
programs
• Rebuild and re-engage your
execution support structure
• Focus on the business impact
of development
Page 11
19. Why should an organization grow?
• Generate superior value
• Obtain a superior strategic
position
• Raise profits
• Attract superior people
• Gain better access to capital
• Attract strong alliance partners
Page 19
21. Sustainable growth 1 of 5
KEY RESOURCES NEEDED
• Strategic assets
• Managerial talent
• A talent incubator
• Happy people
• Networks/key strategic
relationships
Page 21
22. Sustainable growth 2 of 5
STRATEGIES TO INFLUENCE
SUSTAINED GROWTH
• Value through select customers
• Developing large numbers of new
products that offer superior value
to customers
• Distribution innovation
• Monopoly/first-mover advantage
• Growth by means of acquisitions
• Addressing new customer
segments
Page 22
23. Sustainable growth 3 of 5
GROWTH STRATEGIES
• Customer centric
• Product development
• Distribution
• First mover
• Acquisition
• Adjacent space
• Market intelligence
• Differentiation
• Fitness
Page 23
24. Sustainable growth 4 of 5
GROWTH DRIVERS
• Acquisitions
• Strategy
• Managerial talent
• Excellent execution
• Key strategic relationships
• Leadership
• Access to capital
• Innovation
• Focus on growth
Page 24
25. Sustainable growth 5 of 5
GROWTH DRIVERS (CONTINUED)
• Happy people
• Simple, captivating business model
• Knowledge of customers
• Customer enthusiasm
• Discipline
• Geographical expansion
• Effective performance
measurement
• Talent incubator
• GDP growth
Page 25
33. Leadership development strategy
• Single loop and double loop
• Tickets to enter, tickets to play
and tickets to win
• VUCA
• Questions to ask
Page 33
35. Mistakes with leadership strategy
• Failing to gain enough support
from the CEO
• Confusing a leadership strategy
with a succession plan
• Lacking a clear definition of
what leadership means in the
context of your business
strategy and organizational
model
• Ignoring the complementary
power of the team
Page 35
37. Communicating strategy at the
technical core
• Communicate strategic goals
by their component pieces
• Constantly monitor and praise
employees’ incremental
contributions
Page 37
43. Questions to ask around HR
strategy
• How do you manage talent?
• How do you engage in
strategic business activities?
• How well do you measure HR
effectiveness?
• What is your HR strategy?
Page 43