More than ever, CEOs are looking to retain the customers they haveand optimize their talent for 2021. Researchers provided CEOs the following statement and asked them to respond via a 5-point Likert scale (1=strongly disagree, 2=disagree, 3=neither agree nor disagree, 4=agree, 5= strongly agree): I mediate interpersonal conflict among team members at least once a month. Thirty-six percent stated it was of high concern. By creating a Learn account, youre agreeing to accept The Predictive Index Terms of Service. Accordingly, the Artisan PI emoji is represented by tools. If we have established that there are common universal behavioral drives for a typical CEO, we can then ask, are behavioral drives established before were born? The Predictive Index System, as distributed by Predictive Success, has also made use of the emoji. If this is you, consider consulting roles, banking, project management, financial advisor, computer technology or a software developer position. 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. When cohesion is an issue, conflict typically isnt far behind. Would you consider yourself to strive in social settings? Artisan: This is usually the person who is considered the backbone of the organization. As shown below, CEOs that lead almost entirely remote teams are more likely to doubt their teams ability than CEOs with less-distributed teams. You can think of these as easy-to-reference groupings of the characteristics of people who have similar drives. When asked whether theyd value a general management consultants ability to develop a talent strategy in addition to business strategy recommendations, an overwhelming 91% of CEOs surveyed said yes.. Predictive Index, LLC. Their answers provide a window into the minds of executive leaders during one of the most trying times in recent history. Employees across the company clearly understand the companys mission and strategy. And CEOs recognize that power, too. Compared to the 2019 CEO Benchmarking Report, thats a decrease of 12%. As organizations look to bounce back from 2020 stronger, many CEOs have ambitious goals. These individuals are independent and strong-willed, willing to accept any challenge and constantly raising the bar for their organizations. For example, the Collaborator reference profile indicates a high extraversion drive and a low formality drive. If you fall under the persistent category type you are typically a confident, analytical, strong-minded individual who approaches challenges with confidence, consistency, and organization. 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. A business manager role would also be a great option to consider if you are a specialist. You also may exceed in areas that push your boundaries and would be considered a strong-willed and goal-oriented individual. CEOs dont just want to inspire employees for the here and now. All Rights Reserved. As organizations look to bounce back from 2020, many CEOs have ambitious goals. 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. Researchers asked CEOs to answer the following: Which of the following best describes the culture of your current executive team? As clients adjust to the world of Zoom and Slack, be their virtual liaison. Get a D&B Hoovers Free Trial. The following study dug deep into these issues, revealing a common thread: Executive and critical teams are struggling to get along and deliver on strategy. There are seventeen different and unique profile types that are then broken down into four categories: This category consists of six different profile types: Analyzer, Controller, Venturer, Specialist and Strategist. The best way to fill those gaps is by surrounding yourself with people who are strong in areas where you are weak. COVID-19 has made it difficult to earn and keep new business. But their people issues arent going awayand the need for cohesion cant be overstated. Remote work came out of left-field for most CEOs. Bring back the excitement. To what extent has the strategic direction of your company shifted since March 2020? Only two profile types fall into this category: an individualist and a scholar. Success Centre The results are read from left to right. The roles to consider for this profile type are extremely broad. While achieving them requires a strong business strategy, your clients cant afford to neglect talent strategy. Teams arent just newtheyre virtual. They are diligent and reliable. 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. Often cooperative, empathetic, and patient, Collaborators are important teammates to enlist. These traits are measured against the result of the assessment to determine how the candidate falls into each category. As CEO, which of the following are your biggest challenges? Instead, CEOs should invest in a talent optimization consultant whos trained to interpret people dataand build dream teams that get the work done. Watch the video below to learn more about our 17 . Select all that apply. 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. As CEOs grapple with both the needs of their business and the needs of their people, theyll be in need of guidance. The COLLABORATOR Profile | 17 Reference Profiles | Predictive Index Collaborators: These individuals are great team players! Administration, logistics, computer technology or clerical work could be great industries to look at. CEOs dont just recognize the need to optimize their talent; they also need help doing so. Get full access to view . Adopting a new process remained flat in popularity, while Hiring a human resources consultant declined by 4%. By leveraging these data points, leaders can build dream teams that are cohesive, trusting, and intentionally designed to tackle the work at hand. Are you deliberate, cooperative, reliable, and easily adaptable to situations? They love to try new things and create solutions to solve problems. First, researchers asked CEOs whether at least 90% of their employees were currently working remotely full-time. They often see the result, and create it. Using Predictive Index to Match Executives Confident and fast-paced, Mavericks come into projects expecting to impact the status quo. Teams that overcome the stress and grow closer in spite of it will be all the stronger., Allison Siminovsky, Ph.D. Director of People Science at The Predictive Index. Understanding how you are wired will enable you with the confidence that you are the right candidate for the position and/or industry by allowing you to take a deeper look into how you function internally. The Predictive Index Human Resources Services Westwood, MA 52,445 followers We empower businesses to align talent & people strategy with business strategy through our talent optimization platform. For CEOs, these are unique challengesand they beg important questions. These are: Dominance Extroversion Patience Formality Think back to the job you are applying for. By leveraging these data points, leaders can build dream teams that are cohesive, trusting, and intentionally designed to tackle the work at hand. Researchers asked CEOs to answer the following: Which of the following best describes the culture of your current executive team? Jobs that fit this profile type include; different sales or account management positions that have quotas to be met or possibly staffing and recruiting positions. 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. More than ever, CEOs are looking to retain the customers they have while also getting the most out of the people they have. Maybe you have been thinking of starting your own business? Dynamic search and list-building capabilities. A person who is great at working with others, extraverted, charismatic, open-minded, supportive, well-spoken, and ready for a challenge? 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. View our Privacy Policy. 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. And the difference was even starker among CEOs who strongly agreed with the statement: Only 41% strongly agreed, down 17% from March. Would you consider yourself to strive in social settings? Thats an eye-popping 17% increase from the 2019 CEO Benchmarking Report. 5 Minutes With Mike Zani, CEO of Predictive Index Annual CEO Benchmarking Report 2021 - The Predictive Index If anyone is to go down the proverbial rabbit-hole, its the Specialist. When asked what their plans are for remote work moving forward, 76% of CEOs said theyll allow remote work on a full-time basis for all or most employees. An overwhelming 97% of companies will allow remote work in some form moving forward. How are CEOs feeling about their orgs health? Companies may be committed to remote work, but that doesnt mean the shift has been easy. Following such a drastic shift under short notice, senior teams are still acclimating to the current world of perpetual Slack messaging and Zoom meetings. Do you agree with the following statement? Not only does remote work change how teams communicate and collaborate; it can decrease employees confidence in the strategy. Sixty-nine percent of those surveyed said their company suffered layoffs or furloughs since March 2020. Select all that apply. Send us your details and book a 15-min call to discuss your goals. As municipalities struggle to rein in the virus, CEOs are stressing over their employees and customers. Made with remotely by ZenBusiness INC 2023. As of September 2020, in which areas could you benefit from a consultant to help with talent strategy? These team cohesion issues arent just prevalent; for many CEOs, theyre exhausting. 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. Ceo. Major changes like these pile stress on even the strongest of teamsespecially when compounded by personal worries and challenges. Questions had response formats designed to balance the richness of data to be collected with the ease of responding. By submitting your information, you agree to be subject to our Terms of Use and Privacy Policy. 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. Through the Predictive Success team of experienced, professional consulting staff, we give Canadian companies the edge to connect people to prot. A strong CEO at one company can move to another and not fit well at all. A director or manager of an innovative team would be a great position. Essential workers are servicing their community while wearing masks and worrying about getting sick. If so, you may fall into one of the profiles under the social type. Mavericks also tend to be leaders which make them good entrepreneurs. Click hereto speak to a Predictive Success Talent Optimization Consultant today. From supply chain disruptions to evolved buyer cycles, COVID-19 didnt just alter the landscape; it redefined it. The CAPTAIN Profile | 17 Reference Profiles | Predictive Index . While others shout and steal the spotlight, you can trust Specialists to diligently be reading the fine print in the background. Buffalo, NY 14222 It relies on objective people data, such as cognitive ability and behavioral fit. Individuals who you want working on the front lines. 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. Select all that apply. View latest updates. Of the organizations that restructured, 28% let go at least one-fourth of the company. Proven framework for aligning business strategy and people strategy for business results. This is someone who you can really count on in the organization! By contrast, both Adopting a new process and Hiring a human resources consultant fell in popularity among respondents. When asked what their plans are for remote work moving forward, 76% of CEOs said theyll allow remote work on a full-time basis for all or most employees. An overwhelming 97% of companies will allow remote work in some form moving forward. They are factual leaders and are always happy to make a decision. Save time and make it easy to do your accounting and taxes. Senior leaders must communicate clearly and regularly with the talent responsible for executing strategy. Researchers asked CEOs to what extent theyve needed external help with their business and talent strategies in the past six months. Inspire your team to crush their goals. If you are a collaborator, consider being an account manager or a role that works with a team to create results. The second-most popular response was Finding the right talent (25%). These versatile workers can transform their working styles to meet the needs of the team. As a leader, you have many important areas of focus. Hows senior leadership holding up? I would like to receive marketing emails from The Predictive Index. Between navigating the pandemic, the economy, and a remote future, CEOs have critical business problems to solve. 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 ones. So when trying to solve these problems, its critical to take a people-first approach. Have you ever thought to yourself, Am I in a career that fits my personality type? or thought, Am I wired correctly for this specific job? When looking for a new position, there are several factors that come into play. How accurate are the results of the Predictive Index, and how - Quora Theyll also learn how these strengths and weaknesses map back to the business strategy. By creating a unique emoji for each of the Predictive Indexs 17 unique reference profiles, users of the PI are able to better understand what each profile entails with a simple glance. Or will you become disengaged quickly and not perform results for your company? With 2020 nearly in the rearview mirror, CEOs are focusing on whats ahead. While achieving them requires a strong business strategy, executives cant afford to neglect talent strategy. Within the stabilizing category, there are four different profile types: adapter, artisan, guardian, and operator. With talent optimization, the path to designing those dream teams is clearer than ever., Daniel Muzquiz, President at The Predictive Index. Last year, finding the right talent was the No. Controller: You are considered the go-to person, someone who will get the job done in a disciplined, fast-paced manner. Mavericks: A person who has high aspirations and takes risks! Its no surprise employee productivity is a major concern for CEOs. 1 CEO challenge. Good surveys begin with identifying the population of interest. Only two profile types fall into this category: an. I mediate interpersonal conflict among team members at least once a month. These teams strive for consensus, prioritize group decision-making, and put a premium on interpersonal relationships. More than half of the respondents selected Working well remotely. What percentage of your companys employees have been laid off or furloughed since March 2020? Interestingly, only 17% of CEOs said Talent strategya 13% decline from 2019. Likewise, researchers asked CEOs how theyve engaged with consultants for help with talent strategy. Although naturally introspective and reserved, Strategists are always prepared with a plan and know how to direct an organization long-term. by Robert T. Kiyosaki and Sharon L. Lechter C.P.A., on July 20, 2022. Take the first steps toward Toll Free:1.855.430.9788, U.S. Office Experience the power of the worlds leading talent optimization platform, Call Support: 877-235-1541 Call Sales: 877-421-3717. We all know that text messages are no replacement for meaningful face-to-face conversation. Critical team issues require critical attentionbut CEOs are busy, especially amid a pandemic. They are precise, patient, and cooperative. Companies have generally stabilized since the onset of the pandemic. Researchers asked them the following: As of September 2020, in which areas could you benefit from a consultant to help with talent strategy? All Rights Reserved. Another option could be inside sales or a role in the marketing and advertising world. But 2021 brings brand-new challengesfor you, your firm, and most critically, your clients. Patience and empathy will go a long way toward building trust within client teamsand achieving greater outcomes. Are you deliberate, cooperative, reliable, and easily adaptable to situations? CEOs have had to navigate entirely new business circumstances due to the pandemic. Positions that would be good for a promoter profile include; public relations, marketing, social media, event and hospitality roles. Through this revealing process, CEOs and their teams will discover their natural superpowers, as well as any caution areas. Find out whats caused executive teams to struggle in 2020and what theyre doing to build dream teams that get along and get the job done in the year to come. Register your business name with the state to keep others from using it. For more information, check out our privacy policy. Expect these workers to present unconventional ideas with characteristically strong conviction. This report was developed with scientific rigor. 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? To stay afloat, 69% of companies restructured their teams since March 2020. 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. Typically, persuaders do not like to hear the word no. This being said, a sales role would be great for a persuaded! If you fall into this category you are typically a detail-oriented individual who focuses on collecting thorough data. To what extent has the strategic direction of your company shifted since March 2020? COVID-19 has upended the nature of work. The research sample was restricted to 160 chief executive officers, presidents, and chairpeople at U.S. companies with 25-1,000 employees. Predictive Index Profiles Explained - Steve Lowisz of Qualigence That doesnt mean you have to start engagements from scratch. View our Privacy Policy. 310 Byron St. South, Suite 1 Which of the following is your #1 priority? The second-most popular response was Finding the right talent (25%). Individualist: Do you have a desire to move the organization forward and constantly solve problems within the company? If so, you are more than likely an individualist. Charming and well-spoken, Persuaders wont take no for an answer. Find funding, open new locations and expand in the future. Traditionally, entrepreneurs or business owners also fall into this category. In the 2019 CEO Benchmarking Report, the top answer among respondents was Employee performance and productivity. Another option would be to investigate the consulting world. As shown below, CEOs that lead almost entirely remote teams are more likely to doubt their teams ability than CEOs with less-distributed teams. Free Assessment | The Predictive Index These workers often assume leadership positions. Promoters think outside the box and will empower others in pursuit of their goals. Any group in need of an unwavering leader should look for a Captain. And that means helping clients build a talent strategy that prepares their employees for the work ahead. Researchers asked CEOs to answer twice: once for how theyre feeling now (September 2020) and again for how they felt back in March 2020. Last year, finding the right talent was the No. Related: My Life as a Maverick. Researchers asked CEOs that have experienced team conflict to describe what it most often relates to. COVID-19 has radically altered the consulting landscape. They approach tasks with an open mind and are friendly, supportive, and patient. First, researchers asked CEOs whether at least 90% of their employees were currently working remotely full-time. These workers are conservative in nature, often reluctant to make risky decisions. An Artisan can fill that need. By understanding how team behaviors impact the work to be done, clients can gain renewed clarity and confidence about the road aheadand rekindle the magic of a true dream team. But just because the crisis has eased, that doesnt mean the hard work stops. They are great support workers, whose PI emoji can be identified by an upwards-shooting star. Below are roles that could be a great match if you fall into this category. If leadership is in our DNA and we cant change our drives, is everyone with other drives doomed to be poor leaders? These workers are driven by a need to solve problems, constantly moving the organization forward. When senior leadership is making major decisions at lightning speed, its easy for middle managers to lose clarityespecially in a remote environment. More than ever, senior leaders need a talent strategy that puts complex business needs in clear people terms. The Predictive Index reference profiles are workplace personality types that are based on the results of the PI behavioural assessment. Take the Cultivating Team from before: The team may value consensus, but if the strategy requires quick decision-making, consensus wont always be possible. Toll Free:1.855.430.9788, Vancouver | Edmonton | Winnipeg | Toronto | Ottawa | Montreal | Halifax. While a portion of CEOs tied conflict to competing goals or contrasting views of how work gets done, the largest proportion36%said conflict ties back to interpersonal struggles. Forty-eight percent of CEOs say theyve lost sleep over how the virus is impacting their business. Between navigating the pandemic, the economy, and a remote future, CEOs have critical business problems to solve. When asked what is their No. When asked how theyve engaged with consultants for help with business strategy, 54% of CEOs said Purchasing a new software or system. If so, you may fall into one of the profiles under the social type. Months into the pandemic, you may have adapted to some of these changes. Thats a 10% decrease from March 2020. Talent optimization hinges on aligning both sides of the equationso the fact CEOs are struggling with both shows how valuable an outside perspective can be. You are also self-disciplined and a go-to person who does not leave room for error. And they need your help to make this dream a reality. Other executives include Mike Zani, Chief Executive Officer; Jackie Dube, Chief People Officer and 14 others. They are able to leverage their personality traits to connect with people and their values, thus improving their abilities to make their dreams a reality. Someone who likes to gather and review the data before making a thorough and detailed decision. Analyzers are detail-oriented and thorough workers. Theyll also learn how these strengths and weaknesses map back to the business strategy.
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