Predictive Index (PI), like few other well known assessment tools, is a very accurate system, but the most amazing part of it is that it produces accurate results within 6 minutes of inputs! Many others were forced into remote work. You also may exceed in areas that push your boundaries and would be considered a strong-willed and goal-oriented individual. Consider something in healthcare such as nursing, occupational or speech therapy. Residence: Portsmouth, Rhode Island . To what extent has the strategic direction of your company shifted since March 2020? Often cooperative, empathetic, and patient, Collaborators are important teammates to enlist. You like to contribute a strategic, data-driven approach to building winning teams. Typically, persuaders do not like to hear the word no. This being said, a sales role would be great for a persuaded! Following such a drastic shift under short notice, senior teams are still acclimating to the current world of perpetual Slack messaging and Zoom meetings. This profile type would excel at data entry, clerical, executive assistant, or customer service. Is the team prepared for the work ahead? These workers value stability and consistency. These people are driven by a need for mastery in their areas of specialization. 1 priority moving forward, 53% of CEOs said Strategy development, an increase of 14% from the 2019 CEO Benchmarking Report. Another option would be to investigate the consulting world. Youll also learn how to build dream teams that work like magicusing talent optimization. Look into accounting, auditing, banking, tax consultant or analyst type of positions if you are an analyzer. When working with clients, focus on making the most of the people they have. Using Predictive Index to Match Executives Our independent executive matching process partly relies on assessment tools. The PI emoji of these supportive workers can be identified by a blaring megaphone. These workers are conservative in nature, often reluctant to make risky decisions. CEOs have had to navigate entirely new business circumstances due to the pandemic. Not only do they need help with talent optimization; theyre actively committed to it as part of their long-term culture. Management Workshops & Consulting Services, Get Your PI Talent Optimization Certification. Theyre also worried about Customer satisfaction, which saw an 8% increase from 2019. . CEOs dont just recognize the need to optimize their talent; they also need help doing so. They often see the result, and create it. By submitting your information, you agree to be subject to our Terms of Use and Privacy Policy. Learn the differences in what we offer with this side-by-side comparison. COVID-19 has made it more difficult to earn and keep new business. But just because the crisis has eased, that doesnt mean the hard work stops. Historically, in what areas have you used consultants for help with business strategy and execution? A Predictive Index (PI) test allows recruiters to evaluate the cognitive abilities, personality traits and behavioral tendencies of a potential employee, to determine if they are the right fit. Red Wolf Group founder and CEO, Alicia Lykos, tells you all you need to know about each Predictive Index reference profile to help you understand each indivi. Sixty-nine percent of those surveyed said their company suffered layoffs or furloughs since March 2020. Artisan: This is usually the person who is considered the backbone of the organization. These extraverted workers are great teammates that remain level-headed even when things get heated, making them great diffusers of conflict. There are another 6 different profiles that fall under this category: Altruist, Captain, Collaborator, Maverick, Promoter and Persuader. Theres never room for error in their work as they work hard to develop technical expertise and operate within established guidelines. Toll Free:1.855.430.9788, U.S. Office 266 Elmwood Ave Suite 931 While these alone are critical findings, they lead to something even more striking: Ninety-one percent of CEOs indicated they needed help with both business and talent strategies. 160 CEOs reveal their top concerns and priorities in a post-COVID remote world. Executive strategy and the work to be done, Building dream teams with talent optimization, The coronavirus has put an unprecedented strain on executives and their people. The study began by asking CEOs to what degree the pandemic has forced their business to restructure. Virtual is the name of the gameand yet, consulting over Zoom calls and email feels hardly as personable. The typical profile of a CEO is someone who has the need to be in control, to dominate, to be autonomous, to take risks, to compete, and to find out-of-the-box solutions. . More than half of the respondents selected Working well remotely. Each PI consultant is certified in The Predictive Index platform and is equipped with science-backed recommendations to help senior leaders and critical teams build cohesion and reduce conflict. This person likes to take charge! By submitting your information, you agree to be subject to our Terms of Use and Privacy Policy. What about my laid-back, subservient, non-competitive daughter to whom Ive dreamed of leaving my company? They understand that the future of work has changed forever, and they know they must adapt to remain competitive. The roles to consider for this profile type are extremely broad. The trends were clear on both sides of the strategic fence: Ninety-four percent of CEOs said they needed help with business strategy, and 91% with talent strategy. After a thorough analysis of millions of Behavioral Assessments, the PI Science Team identified 17 "Reference Profiles" that create a behavioral map for different types of people. Because we wanted to explore the practices of people who directly set and influence business and talent strategies, we partnered with Qualtrics, an organization that specializes in surveying executive audiences. With talent optimization, the path to designing those dream teams is clearer than ever., Daniel Muzquiz, President at The Predictive Index. Yet good intentions arent enough to get stuck teams unstuck. Otherwise, the work will never get done. Its no surprise employee productivity is a major concern for CEOs. "Using the Predictive Index Job Assessment we can decide internally what the profile of an ideal candidate is before we actually start the interview process. The study continued by asking CEOs whats keeping them up at night. Thirty-six percent stated it was of high concern. More than ever, CEOs are looking to retain the customers they have while also getting the most out of the people they have. Talent optimization is a comprehensive discipline. 1 priority moving forward, 53% of CEOs said Strategy development, an increase of 14% from the 2019 CEO Benchmarking Report. 27 Feb 2023 from 20:00 to 21:00 EST. The Predictive Index CEO and key executive team. Characteristically, the Persuader PI emoji boasts a shining microphone as its symbol. And entire industries are preparing for a future where remote work isnt a stopgap but a permanent reality. And if you lack more CEO drives than you have, there is still hope if you surround yourself with people who fill your gaps. Sixty-six percent of CEOs selected: Enhancing the quality of working relationships, robust development and mentorship opportunities, and long-term affiliation. Education: Bachelor's degree, geochemistry, Brown University, 1993; MBA, Harvard Business School, 2001. Because we wanted to explore the practices of people who directly set and influence business and talent strategies, we partnered with Qualtrics, an organization that specializes in surveying executive audiences. For example, one executive team may discover its a Cultivating Team. Only 79% of CEOs agreed with the statement, down 4% from March. All of the best leaders, so-called CEO DNA or not, are in tune with their strengths and weaknesses and know when to let others lead. The findings stood out immediately: As shown in the table below, CEOs whose operations are almost entirely remote tend to experience greater team struggles than CEOs with less-distributed teams. A person who is great at working with others, extraverted, charismatic, open-minded, supportive, well-spoken, and ready for a challenge? The study asked CEOs to answer the following: To what extent has the strategic direction of your company shifted since March 2020? These individuals are independent and strong-willed, willing to accept any challenge and constantly raising the bar for their organizations. Do you agree with the following statement? Most of us CEOs have probably considered this before and have some thoughts one way or another about ourselves. All Rights Reserved. That doesnt mean you have to start engagements from scratch. As a leader, you have many important areas of focus. Like many businesses, we went remote overnight in March of 2020. Get free resources and everything you need to know to start, run, and grow your small business. Employees across the company are able to effectively communicate the companys mission and strategy to others. You could adapt well in several positions, whether it be customer service or arts and entertainment. A person who has high aspirations and takes risks! The next category is the social category. In the 2019 CEO Benchmarking Report, the top answer among respondents was Employee performance and productivity. There are seventeen different and unique profile types that are then broken down into four categories: Analytical This category consists of six different profile types: Analyzer, Controller, Venturer, Specialist and Strategist. Charming and well-spoken, Persuaders wont take no for an answer. In September 2020, The Predictive Index surveyed 160 CEOs about their top priorities and concerns. By submitting my information, I agree to be subject to PI's Terms of Use and Privacy Policy. Layoffs bring feelings of anxiety and guilt for employees who remain. If anyone is to go down the proverbial rabbit-hole, its the Specialist. They want something thats tailored to the needs of their business. More than ever, CEOs are looking to retain the customers they have while also getting the most out of the people they have. I would like to receive marketing emails from The Predictive Index. They are visionaries and are able to see the big picture. Within the stabilizing category, there are four different profile types: adapter, artisan, guardian, and operator. Only two profile types fall into this category: an individualist and a scholar. They are precise, patient, and cooperative. Positions that would be good for a promoter profile include; public relations, marketing, social media, event and hospitality roles. Across 212 countries and hundreds of millions of users, a 2017 survey found that emojis have been disseminated among texts billions of times. Buffalo, NY 14222 Ninety-seven percent plan to allow remote work beyond the pandemic. Airports are a distant memory, instead replaced by dining tables and breakfast nooks. An analytical, innovative individual who is willing to take calculated risks. To improve team collaboration, communication, and cohesion in a meaningful way, CEOs must take a new approach to talent strategy: one that requires understanding themselves, their teams, and their strategytogether. Please check your email for your account information. Success Centre The company culture will essentially have to be rebuilt around the new CEOs behavioral drives in order to thrive. Consider something in healthcare such as nursing, occupational or speech therapy. People who fall into this profile type tend to be naturally introverted and reserved but always prepared with a plan. Access tools to help you manage income and expenses. 200 Grand Rapids, MI 49503. The Predictive Index is a registered trademark of Predictive Index LLC and is used here with permission. All Rights Reserved. Not only does remote work change how teams communicate and collaborate; it can decrease employees confidence in the strategy. Inspire your team to crush their goals. Only 79% of CEOs agreed with the statement, down 4% from March. Considering if your personality type matches your job is an extremely valuable exercise and is often overlooked. As CEOs make critical decisions about the future of their business, the shift in strategy hasnt been without bumps in the road. The Altruist PI emoji is symbolized by a shining candle. Theyre also worried about Customer satisfaction, which saw an 8% increase from 2019. Ceo. Compared to the 2019 CEO Benchmarking Report, thats a decrease of 12%. Remote work came out of left-field for most CEOs. If you answered Yes to these questions, you more than likely may fall into this category. I would like to receive marketing emails from The Predictive Index. Predictive Success is an Elite Partner of The Predictive Index has been consistently ranked in the top 10 of global partners since opening its doors in 2006. If youre thinking of hiring a general management consultant, would you value their ability to develop a talent strategy in addition to business strategy recommendations? A business manager role would also be a great option to consider if you are a specialist. COVID-19 has radically altered the consulting landscape. To what extent has the strategic direction of your company shifted since March 2020? Researchers had them give two answers: one for how they were feeling at the time of the study (September 2020) and another for how they felt back in March 2020. We wouldn't be achieving the recognition and seeing the growth we've had without it.". 160 CEOs reveal their top concerns and priorities in a post-COVID remote world. CEOs were presented with the following statement and asked to respond via a 5-point Likert scale (1=strongly disagree, 2=disagree, 3=neither agree nor disagree, 4=agree, 5= strongly agree): My team has strong cohesion. The findings in this report will open your eyes to the unique challenges CEOs are facing in a COVID world. Take the Cultivating Team from before: The team may value consensus, but if the strategy requires quick decision-making, consensus wont always be possible. Researchers also wanted to better understand how remote work has impacted the effectiveness of executive teams. View our Privacy Policy. As organizations look to bounce back from 2020 stronger, many CEOs have ambitious goals. When COVID set in, CEOs and their teams had to move quickly to adapt, stabilize, and survive. These outspoken workers know how to work a room and motivate a team. These are: Dominance Extroversion Patience Formality Think back to the job you are applying for. Youll also learn how to help your clients build dream teams that work like magicusing talent optimization. It relies on objective people data, such as cognitive ability and behavioral fit. Predictive Index, LLC. To improve team collaboration, communication, and cohesion in a meaningful way, CEOs must take a new approach to talent strategy: one that requires understanding themselves, their teams, and their strategytogether. Scholar: Someone who is a natural go-getter! They are unlikely to incite conflict and take steps to ensure everyone agrees before moving forward. As CEO, which of the following are your biggest challenges? Positions to consider if you fall into one of these categories are: Altruists: A supportive, helpful, team player that is extraverted. Join our global network of 400+ PI Certified Partners, and add the leading talent optimization platform to your consulting toolbox. A Mavericks PI emoji consists of a supersonic aircraft, shooting its way through the air. Yet good intentions arent enough to get stuck teams unstuck. Good surveys begin with identifying the population of interest. Select all that apply. For an Analyzer, nothing is more daunting than the thought of making an uninformed decisionespecially if they are wrong. By submitting my information, I agree to be subject to PI's Terms of Use and Privacy Policy. Questions had response formats designed to balance the richness of data to be collected with the ease of responding. But with COVID-19 and the economic downturn, CEOs have had to cut costs, reduce spending, and slow or freeze hiring. Employees across the company clearly understand the companys mission and strategy. And the difference was even starker among CEOs who strongly agreed with the statement: Only 41% strongly agreed, down 17% from March. The Predictive Index Behavioral Assessment categorizes each adjective on the list of 86 options. As municipalities struggle to rein in the virus, CEOs are stressing over their employees and customers. So when trying to solve these problems, its critical to take a people-first approach. Aug 15, 2019. Design and execute a winning talent strategy with PI. Of the organizations that restructured, 28% let go at least one-fourth of the company. Talent optimization hinges on aligning both sides of the equationso the fact CEOs are struggling with both shows how valuable a consultants perspective can be. Register your business name with the state to keep others from using it. Typical CEOs embrace change, and they can often be found starting arguments just to stir the pot and see what comes out. The goals of the company and the culture of its employees play a big role in the companys success. As a certified partner of PI, Wipfli can help you use this behavior assessment tool to design great teams and lead them through anything . This report was developed with scientific rigor. Any group in need of an unwavering leader should look for a Captain. Do you enjoy structure in the workplace? When my team faces conflict, it is most often related to: When theres infighting within teams, the most common causes arent business issues, but people problems. Theyll also learn how these strengths and weaknesses map back to the business strategy. Executing strategy can often feel like a game of telephone: If middle managers arent clear on the direction up top, that confusion will only amplify further down the org. And CEOs adapted. Send us your details and book a 15-min call to discuss your goals. Despite the interpersonal disconnect and strain most teams are facing right nowwhether remote or otherwisethe majority of CEOs are committed to making remote work a success. See how we work and the ZenBusiness difference. If this is you, consider consulting roles, banking, project management, financial advisor, computer technology or a software developer position. Questions had response formats designed to balance the richness of data to be collected with the ease of responding. This person is a precise, dependable, and steady worker. The study asked CEOs to list their three biggest challenges in this new normal. The Predictive Index, 2023. Employees across the company clearly understand the companys mission and strategy. Through an initial 1:1 strategy session, a PI consultant helps CEOs uncover their unique Team Type. To help your clients resolve conflict, it helps to take a people-first approach. In closing, your DNA combined with your life experiences play a large role in why youre a CEO, but if youre a successful leader, you no doubt have many people around you to thank. Do I need to give up on that dream? By contrast, both Adopting a new process and Hiring a human resources consultant fell in popularity among respondents. Parents are camped out at the kitchen table, trying to concentrate on work while their children are remote learning beside them. First, researchers asked CEOs whether at least 90% of their employees were currently working remotely full-time. In the 2019 CEO Benchmarking Report, the top answer among respondents was Employee performance and productivity. Each reference profile describes the test takers based on the balance of the four factors that appears through their results, and helps the employer gain valuable insight into the workstyle preferences, social . Together, all of this encouraged participant engagement and high-quality responses while collecting in-depth information about team cohesion and performance. I would like to receive marketing emails from The Predictive Index. Researchers also wanted to better understand how remote work has impacted the effectiveness of executive teams. We enable leaders with the power and the knowledge, to better motivate, lead and utilize people to the best of their ability. COVID-19 has upended the nature of work. They often see the result, and create it. Look for the ships wheel when trying to recognize the Captain PI emoji. To help your clients build momentum, first ensure their teams are engaged and motivated to hit their goals. Oh my. Another 20% of CEOs said Operational execution was their top prioritya sign that teams are prioritizing the quality and efficiency of existing teams and offerings. The study asked CEOs to answer the following: To what extent has the strategic direction of your company shifted since March 2020? That sentiment skyrocketed in 202056% of CEOs now say employee performance is a top concern. You may unsubscribe from these communications at any time. The Controller is your go-to person when you need to a project to be in order. Talent optimization focuses on a businesss most expensive and powerful assetpeople. And this starts with helping clients build dream teams that get the work doneno matter what the future holds. The Predictive Index System, as distributed by Predictive Success, has also made use of the emoji. There is hope for those who do not have the perfect behavioral profile for a typical CEO. These teams strive for consensus, prioritize group decision-making, and put a premium on interpersonal relationships. In fact, UCLA professor Albert Mehrabian found that 58 percent of communication is through body language and 35 percent through vocal tone and pitch. Companies may be committed to remote work, but that doesnt mean the shift has been easy. But their people issues arent going awayand the need for cohesion cant be overstated. Mavericks also tend to be leaders which make them good entrepreneurs. What percentage of your companys employees have been laid off or furloughed since March 2020? These individuals are great team players! After all, profitability depends on productivityand that hinges on people. Consultants who can thread this needle and solve critical team issues will have a huge competitive advantage compared to those who cant. Positions to consider if you fall into one of these categories are: A supportive, helpful, team player that is extraverted. Send us your details and book a 15-min call to discuss your goals. These workers approach tasks with an open mind and are unafraid to consult multiple opinions before making a decision. The PI emoji for the controller can be easily recognized by its three linear dials. If leadership teams are experiencing conflict and the CEO is forced to mediate, thats time and energy that could be spent on other needs of the business. Executing strategy can often feel like a game of telephone: If middle managers arent clear on the direction up top, that confusion will only amplify further down the org. They can be described as independent and strong-willed and constantly raising the bar for their organizations. Are teams prepared for the work ahead? Head Office A Venturers PI emoji consists of a sail-boat, making its way through the water. Sixty-nine percent of those surveyed said their company suffered layoffs or furloughs since March 2020. Moving forward, we plan on allowing remote work: Remote work brings new challenges for clientsand new opportunities for you. Administration, logistics, computer technology or clerical work could be great industries to look at. They love to try new things and create solutions to solve problems. But just because the crisis has eased, that doesnt mean the hard work stops. Possibly consider being a teacher or social worker if you are an altruist. To help client organizations thrive in 2021, make sure everyone at the top is aligned on strategyand communicating it clearly.