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. Ninety-seven percent plan to allow remote work beyond the pandemic. Thats talent optimization: a powerful discipline that helps leaders put people in the right places, at the right times, for the right business needs. 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. This website uses cookies and third party services. By submitting my information, I agree to be subject to PI's Terms of Use and Privacy Policy. Thousands of leaders use Predictive Success, a leader in Talent Optimization, to create teams that win and execute on strategy. With CEOs time split between strategy development and daily operations, they cant achieve talent optimization alone.
Predictive Index Reference Profiles | Straightline Consulting And based on these findings, CEOs are showing an interest in these tools, too. Take the Cultivating Team from before: The team may value consensus, but if the strategy requires quick decision-making, consensus wont always be possible. 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. In my business consulting firm, I use a behavioral assessment tool called thePredictive Indexto determine what motivates the behavior of the personnel in my client companies. A person who is great at working with others, extraverted, charismatic, open-minded, supportive, well-spoken, and ready for a challenge? These versatile workers can transform their working styles to meet the needs of the team. Venturer Do you agree with the following statement? 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. Its no surprise employee productivity is a major concern for CEOs. Fifty-eight percent of respondents either agreed or strongly agreed.. COVID forced organizations to learn and adapt. There are another 6 different profiles that fall under this category: Altruist, Captain, Collaborator, Maverick, Promoter and Persuader. This person is a precise, dependable, and steady worker. These teams strive for consensus, prioritize group decision-making, and put a premium on interpersonal relationships. Compared to the 2019 CEO Benchmarking Report, thats a decrease of 12%. You may unsubscribe from these communications at any time. They can be described as independent and strong-willed and constantly raising the bar for their organizations. Look into accounting, auditing, banking, tax consultant or analyst type of positions if you are an analyzer. Do you enjoy structure in the workplace?
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The Predictive Index | LinkedIn Altogether, they are easy to reference groupings of the characteristics of people who have similar drives. When asked whether theyre more likely to hire a consultant who implements an off-the-shelf process or system, versus one who offers customized engagements, 85% of CEOs selected the latter.
The CAPTAIN Profile | 17 Reference Profiles | Predictive Index If so, you are more than likely an individualist. When asked how theyve engaged with consultants for help with business strategy, 54% of CEOs said Purchasing a new software or system. The second-most popular response was Finding the right talent (25%). 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. First, researchers asked CEOs whether at least 90% of their employees were currently working remotely full-time. 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?
Annual CEO Benchmarking Report 2021 - The Predictive Index We developed the survey questions according to best practices in survey research, ensuring they were clear, concise, and understandable by people with a variety of backgrounds.
The COLLABORATOR Profile | 17 Reference Profiles | Predictive Index Forty-nine percent of CEOs said Purchasing a new software or systemup 19% from 2019. It helps you understand where each team member may need additional support. By submitting your information, you agree to be subject to our Terms of Use and Privacy Policy. A Guide to the Predictive Indexs 17 Reference Profiles.
Mike Zani - CEO - The Predictive Index | LinkedIn 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. See All Contacts. 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. And CEOs recognize that power, too. While achieving them requires a strong business strategy, your clients cant afford to neglect talent strategy. For example, one executive team may discover its a Cultivating Team. Related: My Life as a Maverick. Sixty-six percent of CEOs selected: Enhancing the quality of working relationships, robust development and mentorship opportunities, and long-term affiliation. Now that you have heard more about different roles that coincide with different professions, think about how this will impact you long term, is the position you are interested in best suited for your hard wiring? From supply chain disruptions to evolved buyer cycles, COVID-19 didnt just alter the landscape; it redefined it. And for most CEOs, its clear theres no turning back. To help client organizations thrive in 2021, make sure everyone at the top is aligned on strategyand communicating it clearly. They are reliable and relaxed individuals who are informal in their work, but rarely drop the ball. Layoffs bring feelings of anxiety and guilt for employees who remain. Responses revealed a common thread: Executive and critical teams are struggling to get along and deliver on strategy. Often cooperative, empathetic, and patient, Collaborators are important teammates to enlist. Parents are camped out at the kitchen table, trying to concentrate on work while their children are remote learning beside them. Are teams prepared for the work ahead? The ultimate generalist, Adapters are fluid team members that can take on many kinds of roles. In the 2019 CEO Benchmarking Report, the top answer among respondents was Employee performance and productivity. From supply chain disruptions to evolved buyer cycles, COVID-19 didnt just alter the landscape; it redefined it. Do you enjoy structure in the workplace? Build dream teams with The Predictive Index talent optimization platform. The traits are: dominance (A), extraversion (B), patience (C), and formality (D) . 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. Only two profile types fall into this category: an. Consider something in healthcare such as nursing, occupational or speech therapy. If you are an individualist, this may be a good avenue for you to consider! They approach tasks with an open mind and are friendly, supportive, and patient. Industries to look at may include; office management, administrative roles, and human resources. Real-time trigger alerts. Consider how remote work impacts the way teams communicate and collaborate, then tailor your recommendations to fit these needs. Companies may be committed to remote work, but that doesnt mean the shift has been easy. The Predictive Index, 2023. I mediate interpersonal conflict among team members at least once a month. COVID-19 has made it more difficult to earn and keep new business. 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 . You like to contribute a strategic, data-driven approach to building winning teams. 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. Any group in need of an unwavering leader should look for a Captain. Youll discover whats fracturing senior leadership and why team cohesion is critical to success.
The Predictive Index CEO and key executive team | Craft.co If you are an individualist, this may be a good avenue for you to consider!
5 Minutes With Mike Zani, CEO of Predictive Index Cerius has a large network of independent executives ready to step in at a moment's notice. Just as the name suggests, Venturers are characterized by people who explore. And entire industries are preparing for a future where remote work isnt a stopgap but a permanent reality. 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. Proven framework for aligning business strategy and people strategy for business results. Take the opportunity to address these people issues and try to broker lasting solutions. What kind of guidance and help are they looking for? They are great support workers, whose PI emoji can be identified by an upwards-shooting star. 1 priority moving forward, 53% of CEOs said Strategy development, an increase of 14% from the 2019 CEO Benchmarking Report. 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.
This profile type would excel at data entry, clerical, executive assistant, or customer service. Possibly consider being a teacher or social worker if you are an altruist. Maybe you have been thinking of starting your own business? Comprehensive company profiles. But just because the crisis has eased, that doesnt mean the hard work stops. Dynamic search and list-building capabilities. To identify an Analyzer using PI emojis, look out for the magnifying glass. They are motivated by a fairly balanced mix of Behavioural Drives, which can make them hard to read at times. 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. Do you agree with the following statement? Businesses dont run themselves; people do. Thirty-six percent stated it was of high concern. In September 2020, The Predictive Index surveyed 160 CEOs about their top priorities and concerns. COVID-19 has made it difficult to earn and keep new business. After all, profitability depends on productivityand that hinges on people. They are fluent conversationalists that ask questions and listen intensely to everything you have to say. For example, one executive team may discover its a Cultivating Team. Theyre also worried about Customer satisfaction, which saw an 8% increase from 2019. Administration, logistics, computer technology or clerical work could be great industries to look at. What percentage of your companys employees have been laid off or furloughed since March 2020? This is someone who you can really count on in the organization! To help your clients build momentum, first ensure their teams are engaged and motivated to hit their goals. But the reality is that CEOs also value their expertise when it comes to talent strategy and building effective teams. The study continued by asking CEOs whats keeping them up at night. 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. The PI emoji for the controller can be easily recognized by its three linear dials. Find out how you can help them build dream teams that get along and get the job done in the year to come. The topics were selected based on a set of research questions identified by subject matter experts as being relevant to emerging trends in executive leadership and strategic planning since the onset of the COVID-19 crisis. Individualist: Do you have a desire to move the organization forward and constantly solve problems within the company? Good surveys begin with identifying the population of interest. Researchers also wanted to better understand how remote work has impacted the effectiveness of executive teams. Director or VP of Marketing, Strategic planning & growth could also be areas to consider &/or digital marketing roles. And for most CEOs, its clear theres no turning back. Ninety-seven percent plan to allow remote work beyond the pandemic. It introduces a free response format that asks you to fill in two identical checklists of 86 adjectives. Moving forward, we plan on allowing remote work: Remote work brings new challenges for clientsand new opportunities for you. We wouldn't be achieving the recognition and seeing the growth we've had without it.". To stay afloat, 69% of companies restructured their teams since March 2020. The study asked CEOs to answer the following: To what extent has the strategic direction of your company shifted since March 2020? Unlike the previous reference profiles, the Strategist is a big-picture character. Charming and well-spoken, Persuaders wont take no for an answer. They are factual leaders and are always happy to make a decision. These teams strive for consensus, prioritize group decision-making, and put a premium on interpersonal relationships. 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. For all CEOs, success requires the support of the whole company. Extraverted and charismatic, these workers are hard not to like. As companies recover and set their sights on thriving in 2021, clear direction is more important than ever. With talent optimization, the path to designing those dream teams is clearer than ever., Daniel Muzquiz, President at The Predictive Index. You like to contribute a strategic, data-driven approach to building winning teams. "PI has helped us become the company we are. We enable leaders with the power and the knowledge, to better motivate, lead and utilize people to the best of their ability. Researchers asked CEOs how confident they are in their executive teams ability to deliver on short- and long-term strategic goals. I would investigate the HR world if this is you! A whopping 79% of CEOs indicated theyve used consulting software for help with business strategy, talent strategy, or both. The Predictive Index, 2023. Please check your email for your account information. We have staff and local coverage in all provinces across Canada. Researchers asked them the following: As of September 2020, in which areas could you benefit from a consultant to help with talent strategy? When senior leadership is making major decisions at lightning speed, its easy for middle managers to lose clarityespecially in a remote environment. The CAPTAIN Profile | 17 Reference Profiles | Predictive Index - YouTube Red Wolf Group founder and CEO, Alicia Lykos, tells you all you need to know about each Predictive Index. CEOs dont just recognize the need to optimize their talent; they also need help doing so. Hows senior leadership holding up? Aug 15, 2019. I would like to receive marketing emails from The Predictive Index. Teams arent just newtheyre virtual. Between navigating the pandemic, the economy, and a remote future, CEOs have critical business problems to solve. As of September, 78% of CEOs believed their executive team had strong cohesion. Employees are burnt out and disengaged after months of dealing with increased workloads, altered business strategies, and ambiguity. An Individualists PI emoji consists of a wise owl, quietly staring off into the night. Consultants who can thread this needle and solve critical team issues will have a huge competitive advantage compared to those who cant. Director or VP of. Another option could be inside sales or a role in the marketing and advertising world. The Predictive Index System, as distributed by Predictive Success, has also made use of the emoji. Collaborators: These individuals are great team players! Predictive Index will evaluate how well you thrive in the position that you are in and will help you produce impactful results for years to come for your organization. Select all that apply. Senior leadership should feel confident it has the right teams to execute strategy. Learn the differences in what we offer with this side-by-side comparison. 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. A business manager role would also be a great option to consider if you are a specialist. And this starts with helping clients build dream teams that get the work doneno matter what the future holds. Analyzer: Someone who likes to gather and review the data before making a thorough and detailed decision. 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. Most of us CEOs have probably considered this before and have some thoughts one way or another about ourselves. A Venturers PI emoji consists of a sail-boat, making its way through the water. By mobilizing groups and teams, Persuaders possess the ability to rally workers toward a single, unified goal. Youll also learn how to help your clients build dream teams that work like magicusing talent optimization. Layoffs bring feelings of anxiety and guilt for employees who remain. Together, all of this encouraged participant engagement and high-quality responses while collecting in-depth information about team cohesion and performance. Find funding, open new locations and expand in the future. 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. Watch the video below to learn more about our 17 . Airports are a distant memory, instead replaced by dining tables and breakfast nooks. Are you deliberate, cooperative, reliable, and easily adaptable to situations? The Predictive Index reference profiles are workplace personality types that are based on the results of the PI behavioural assessment. Critical team issues require critical attentionbut CEOs are busy, especially amid a pandemic. Thats a 4% decline since Marchand an indication theres growing confusion among employees about the mission at hand. Analyzers are detail-oriented and thorough workers. You could adapt well in several positions, whether it be customer service or arts and entertainment. Button CTA. And CEOs recognize that power, too. These workers often assume leadership positions.
Predictive Index: Optimize talent | PI assessment | Wipfli They are precise, patient, and cooperative. Questions had response formats designed to balance the richness of data to be collected with the ease of responding. By creating a unique emoji for each of the Predictive Index's 17 unique reference profiles, users of the PI are able to better understand what each profile entails with a simple glance. As a leader, you have many important areas of focus. Strong-willed and goal-oriented Venturers will stop at nothing to achieve their innovative objectives. More than ever, CEOs are looking to retain the customers they have while also getting the most out of the people they have. 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. Buffalo, NY 14222 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. Download report Possibly consider being a teacher or social worker if you are an altruist. The roles to consider for this profile type are extremely broad. For an Analyzer, nothing is more daunting than the thought of making an uninformed decisionespecially if they are wrong. So the answer is that our DNA can play a large role in our propensity for being a successful CEO. Inspire your team to crush their goals. But their people issues arent going awayand the need for cohesion cant be overstated. Mavericks: A person who has high aspirations and takes risks! Other executives include Mike Zani, Chief Executive Officer; Jackie Dube, Chief People Officer and 14 others. 2021 is a whole new ballgame for CEOs and their teams. Client on-sites arent happening, because clients arent on site at all. Critical team issues require critical attentionbut CEOs are busy, especially amid a pandemic. The study began by asking CEOs to what degree the pandemic has forced their business to restructure. 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. At a time when engagements are virtual, having the right consulting software isnt just importantits essential. 2021 is a whole new ballgame for your clients and their teams. And that means helping clients build a talent strategy that prepares their employees for the work ahead. Of the organizations that restructured, 28% let go at least one-fourth of the company. Anyway, it is important to take CEO DNA with a grain of salt, because, even if you have it, there is no guarantee you can succeed in just any scenario. As remote work disrupts the way teams work, its also eroding the confidence CEOs have in their teams to get that work done. And if you lack more CEO drives than you have, there is still hope if you surround yourself with people who fill your gaps. The research sample was restricted to 160 chief executive officers, presidents, and chairpeople at U.S. companies with 25-1,000 employees. They love to try new things and create solutions to solve problems. And the difference was even starker among CEOs who strongly agreed with the statement: Only 41% strongly agreed, down 17% from March. It starts with a deep self-awareness and then a desire and clear understanding that your motivational needs may not be the same as others and, therefore, you must learn to adapt, not by making permanent changes but by making adaptations to motivate those around you. We work with management teams to bring our knowledge, experience, and over a decade of partnership with The Predictive Index to work. If you are a collaborator, consider being an account manager or a role that works with a team to create results. By creating a Learn account, youre agreeing to accept The Predictive Index Terms of Service. 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. These team cohesion issues arent just prevalent; for many CEOs, theyre exhausting.
Predictive Index (PI) Behavioral Assessment (2023 Guide) According to the Predictive Index, CEOs often have a common behavioral profile. Mavericks also tend to be leaders which make them good entrepreneurs. The study asked CEOs to list their three biggest challenges in this new normal. For more information, check out our privacy policy. Researchers asked CEOs to answer the following: Which of the following best describes the culture of your current executive team? Look into accounting, auditing, banking, tax consultant or analyst type of positions if you are an analyzer. Title: CEO, Predictive Index.
Best Jobs for Each Predictive Index Profile Type - Hire For Hope 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. Proven framework for aligning business strategy and people strategy for business results. Take the free 6-minute Predictive Index Behavioral Assessment to learn how your natural strengths can help you meet your business goals. Companies have generally stabilized since the onset of the pandemic. A person who is always willing to accept a challenge. 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. As CEOs make critical decisions about the future of their business, the shift in strategy hasnt been without bumps in the road. And CEOs adapted. They usually follow-up strongly on task delegations. These workers are conservative in nature, often reluctant to make risky decisions. Access tools to help you manage income and expenses. But 2021 brings brand-new challengesfor you, your firm, and most critically, your clients. When COVID set in, CEOs and their teams had to move quickly to adapt. The Predictive Index Behavioral Assessment categorizes each adjective on the list of 86 options. You also may exceed in areas that push your boundaries and would be considered a strong-willed and goal-oriented individual. 1 CEO challenge. Through an initial 1:1 strategy session, a PI consultant helps CEOs uncover their unique Team Type. Whitby (Toronto), ON L1N 4P8 Before making a decision, they need to ensure they can gather all the relevant data. Next, researchers wanted to learn how CEOs have leveraged consultants in the past.