With the help of a PI Certified talent optimization consultant, CEOs can turn any team into a dream team. A person who is always willing to accept a challenge. Each of these adjectives falls within one of four broadly construed personality characteristics. Theyll also learn how these strengths and weaknesses map back to the business strategy. There are another 6 different profiles that fall under this category: Altruist, Captain, Collaborator, Maverick, Promoter and Persuader. Stay on top of your Business Credit File . As a leader, this is invaluable. 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. 1 priority moving forward, 53% of CEOs said Strategy development, an increase of 14% from the 2019 CEO Benchmarking Report. Senior leaders must communicate clearly and regularly with the talent responsible for executing strategy. They are someone who brings reliability to the workforce. Thats a 10% decrease from March 2020. This worry comes amid the brand-new challenge of COVID-19. The roles to consider for this profile type are extremely broad. Traditionally, entrepreneurs or business owners also fall into this category. Send us your details and book a 15-min call to discuss your goals. 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. Researchers asked CEOs to answer twice: once for how theyre feeling now (September 2020) and again for how they felt back in March 2020. We work with management teams to bring our knowledge, experience, and over a decade of partnership with The Predictive Index to work. COVID forced organizations to learn and adapt. Through this revealing process, your clients and their teams will discover their natural superpowers, as well as any caution areas. Success Centre Questions had response formats designed to balance the richness of data to be collected with the ease of responding. All Rights Reserved. More than ever, senior leaders need a talent strategy that puts complex business needs in clear people terms. But just because the crisis has eased, that doesnt mean the hard work stops. Browse hundreds of helpful articles on everything business. Understanding more about the PI test can help you feel prepared if you are ever asked to take this assessment. Only two profile types fall into this category: an individualist and a scholar. Whitby (Toronto), ON L1N 4P8 Teams arent just newtheyre virtual. While achieving them requires a strong business strategy, executives cant afford to neglect talent strategy. Take the free assessment to find your Predictive Index type here! Learn more about talent optimization, and the dream teams it helps build, below. We enable leaders with the power and the knowledge, to better motivate, lead and utilize people to the best of their ability. They usually follow-up strongly on task delegations. Take the free assessment to find your Predictive Index type here! Are you deliberate, cooperative, reliable, and easily adaptable to situations? CEOs dont just want to inspire employees for the here and now. COVID-19 has made it difficult to earn and keep new business. Only 79% of CEOs agreed with the statement, down 4% from March. Just as the name suggests, Venturers are characterized by people who explore. Find funding, open new locations and expand in the future. Tel:716.328.0678 While COVID-19 has radically altered life at home, its also forced companies to make tough decisions about their workforce and teams. Guardian: This person is a precise, dependable, and steady worker. Youve felt the magic of being on a dream team before, and youre about to feel that magic again. This widespread adoption of the emoji suggests thatwhere short bursts of text fall of communicating emotional nuancesemojis fill that void. Most of us CEOs have probably considered this before and have some thoughts one way or another about ourselves. Positions that would be good for a promoter profile include; public relations, marketing, social media, event and hospitality roles. 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.. Often perfectionists who are steady and dependable, this reference profiles PI emoji is symbolized by a beaming lighthouse. Just as a house needs a strong foundation, every team needs a strong backbone. Businesses dont run themselves; people do. The results are read from left to right. 266 Elmwood Ave Suite 931 The study continued by asking CEOs whats keeping them up at night. Director or VP of. 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. The 17 Predictive Index reference profiles, also referred to as personality types, describe common workplace personalities based on the theory behind the Predictive Index Behavioral Assessment.After completing the assessment, a reference profile can be built which gives the employer a good understanding of what your workstyle preferences are, what brings the best out of each employee, and what . Researchers also wanted to better understand how remote work has impacted the effectiveness of executive teams. In September 2020, The Predictive Index surveyed 160 CEOs about their top priorities and concerns. Tel:905.430.9788 Of the organizations that restructured, 28% let go at least one-fourth of the company. First, researchers asked CEOs whether at least 90% of their employees were currently working remotely full-time. At The Predictive Index, we develop the systems and methodologies for talent optimization, and we bring that discipline to you through a platform Managing Director, Co-Founder Phoenix Strategy. 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. For more information, check out our privacy policy. When working with clients, focus on making the most of the people they have. What percentage of your companys employees have been laid off or furloughed since March 2020? Only two profile types fall into this category: an. Researchers asked CEOs how confident they are in their executive teams ability to deliver on short- and long-term strategic goals. If you are a collaborator, consider being an account manager or a role that works with a team to create results. Fifty-eight percent of respondents either agreed or strongly agreed.. Teams arent just newtheyre virtual. People with this profile type are social, determined, and well-spoken individuals. Altogether, they are easy to reference groupings of the characteristics of people who have similar drives. Align business strategy and people strategy, Explore our resource and learning library, Explore our resources and learning library. Persuaders: People with this profile type are social, determined, and well-spoken individuals. You could adapt well in several positions, whether it be customer service or arts and entertainment. With talent optimization, the path to designing those dream teams is clearer than ever., Daniel Muzquiz, President at The Predictive Index. Critical team issues require critical attentionbut CEOs are busy, especially amid a pandemic. They approach tasks with an open mind and are friendly, supportive, and patient. They are reliable and relaxed individuals who are informal in their work, but rarely drop the ball. 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. 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. More than half of the respondents selected Working well remotely. Take the opportunity to address these people issues and try to broker lasting solutions. Mavericks are visionaries with high aspirations and incredible tolerance for risk. Through an initial 1:1 strategy session, a PI consultant helps CEOs uncover their unique Team Type. They are unlikely to incite conflict and take steps to ensure everyone agrees before moving forward. Traditionally, entrepreneurs or business owners also fall into this category. . As clients adjust to the world of Zoom and Slack, be their virtual liaison. Fifty-eight percent of respondents either agreed or strongly agreed.. Unlike the previous reference profiles, the Strategist is a big-picture character. With this free 6-minute sample assessment, you can experience what our flagship Behavioral Assessment can uncover about you, your team, and how you can work better . Only 79% of CEOs agreed with the statement, down 4% from March. Access tools to help you manage income and expenses. Essential workers are servicing their community while wearing masks and worrying about getting sick. Collaborators: These individuals are great team players! These teams strive for consensus, prioritize group decision-making, and put a premium on interpersonal relationships. Adopting a new process remained flat in popularity, while Hiring a human resources consultant declined by 4%. The second-most popular response was Finding the right talent (25%). 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. With Predictive Index a talent optimization platform used by thousands of organizations around the globe for more than 65 years we can help you tie your people strategy to your business strategy. Senior leadership should feel confident it has the right teams to execute strategy. If youre keeping track, that leaves a mere 7 percent of a message can be effectively conveyed through the content of a message. 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. Positions to consider if you fall into one of these categories are: A supportive, helpful, team player that is extraverted. Marketing, Strategic planning & growth could also be areas to consider &/or digital marketing roles. An Individualists PI emoji consists of a wise owl, quietly staring off into the night. With CEOs time split between strategy development and daily operations, they cant achieve talent optimization alone. They are visionaries and are able to see the big picture. Consultants who can thread this needle and solve critical team issues will have a huge competitive advantage compared to those who cant. Consider how remote work impacts the way teams communicate and collaborate, then tailor your recommendations to fit these needs. 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? Compared to the 2019 CEO Benchmarking Report, thats a decrease of 12%. In the 2020 State of Talent Optimization Report, researchers uncovered the positive results businesses achieve when they align their business strategy with a matching talent strategy. When COVID set in, CEOs and their teams had to move quickly to adapt. Education: Bachelor's degree, geochemistry, Brown University, 1993; MBA, Harvard Business School, 2001. If so, you may fall into one of the profiles under the social type. Proven framework for aligning business strategy and people strategy for business results. Interestingly, only 17% of CEOs said Talent strategya 13% decline from 2019. 310 Byron St. South, Suite 1 The PI emoji of these supportive workers can be identified by a blaring megaphone. Analyzers are detail-oriented and thorough workers. The predictive index personality types are evaluated based on 4 traits. I mediate interpersonal conflict among team members at least once a month. Were committed to your privacy. 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. By submitting my information, I agree to be subject to PI's Terms of Use and Privacy Policy. 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. Please check your email for your account information. This designation helps CEOs better understand the behavioral makeup of their team. With the help of PIs talent optimization platform, you can help your clients turn any team into a dream team. You are considered the go-to person, someone who will get the job done in a disciplined, fast-paced manner. COVID-19 has radically altered the consulting landscape. Their answers provide a window into the minds of executive leaders during one of the most trying times in recent history. Take the Cultivating Team from before: The team may value consensus, but if the strategy requires quick decision-making, consensus wont always be possible. Or will you become disengaged quickly and not perform results for your company? They approach tasks with an open mind and are friendly, supportive, and patient. Promoters are the kinds of workers that you want on the front lines. 49 Monroe Center St NW Ste. The traits are: dominance (A), extraversion (B), patience (C), and formality (D) . From supply chain disruptions to evolved buyer cycles, COVID-19 didnt just alter the landscape; it redefined it. Although naturally introspective and reserved, Strategists are always prepared with a plan and know how to direct an organization long-term. Another option could be inside sales or a role in the marketing and advertising world. When COVID set in, CEOs and their teams had to move quickly to adapt, stabilize, and survive. 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? Thats a 10% decrease from March 2020. If this is you, consider consulting roles, banking, project management, financial advisor, computer technology or a software developer position. They often see the result, and create it. 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. When asked what is their No. This website uses cookies and third party services. Any group in need of an unwavering leader should look for a Captain. Bring back the excitement. Researchers also wanted to better understand how remote work has impacted the effectiveness of executive teams. Strong-willed and goal-oriented Venturers will stop at nothing to achieve their innovative objectives. Researchers asked CEOs how confident they are in their executive teams ability to deliver on short- and long-term strategic goals. The study asked CEOs to answer the following: To what extent has the strategic direction of your company shifted since March 2020? Using Predictive Index to Match Executives Our independent executive matching process partly relies on assessment tools. Its no secret that people are pivotal to business success. Talent optimization focuses on a businesss most expensive and powerful assetpeople. As companies recover and set their sights on thriving in 2021, clear direction is more important than ever. Management Workshops & Consulting Services, Get Your PI Talent Optimization Certification. 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! Even among leading tech companies, odds are these organizations had never gone completely remote. Extraverted and charismatic, these workers are hard not to like. And for most CEOs, its clear theres no turning back. Mavericks: A person who has high aspirations and takes risks! Employees across the company are able to effectively communicate the companys mission and strategy to others. Companies may be committed to remote work, but that doesnt mean the shift has been easy. For an Analyzer, nothing is more daunting than the thought of making an uninformed decisionespecially if they are wrong. Design and execute a winning talent strategy with PI. Comprehensive company profiles. They are visionaries and are able to see the big picture. Another option could be inside sales or a role in the marketing and advertising world. To what extent has the strategic direction of your company shifted since March 2020? 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. Please check your email for your account information. Theres never room for error in their work as they work hard to develop technical expertise and operate within established guidelines. This report was developed with scientific rigor. "PI has helped us become the company we are. These individuals are independent and strong-willed, willing to accept any challenge and constantly raising the bar for their organizations. Questions had response formats designed to balance the richness of data to be collected with the ease of responding.