Traditionally, entrepreneurs or business owners also fall into this category. Thats talent optimization: a powerful discipline that helps leaders put people in the right places, at the right times, for the right business needs. Most executive teams recognize the need for talent optimization, even if they dont know it by name. Experience the power of the worlds leading talent optimization platform, Call Support: 877-235-1541 Call Sales: 877-421-3717. The Predictive Index, 2023. They understand that the future of work has changed forever, and they know they must adapt to remain competitive. Also, restructuring means new teams are formedand thus, new people problems to address. I would like to receive marketing emails from The Predictive Index. Which of the following is your #1 priority? Sixty-six percent of CEOs selected: Enhancing the quality of working relationships, robust development and mentorship opportunities, and long-term affiliation. Administration, logistics, computer technology or clerical work could be great industries to look at. Expect these workers to present unconventional ideas with characteristically strong conviction. Typically, persuaders do not like to hear the word no. This being said, a sales role would be great for a persuaded! It helps you understand where each team member may need additional support. These workers value stability and consistency. Of the organizations that restructured, 28% let go at least one-fourth of the company. Learn the differences in what we offer with this side-by-side comparison. 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. Last year, finding the right talent was the No. Employees across the company clearly understand the companys mission and strategy. Youll discover whats fracturing senior leadershipand why team cohesion is critical to success. Among the different tests and resources we use, the Predictive Index is one of our favorites. As organizations look to bounce back from 2020, many CEOs have ambitious goals. Characteristically, the Persuader PI emoji boasts a shining microphone as its symbol. As of September, 83% of CEOs said their employees are clear on the strategy. And that means helping clients build a talent strategy that prepares their employees for the work ahead. They are precise, patient, and cooperative. Need more proof? 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. 1 CEO challenge. To help client organizations thrive in 2021, make sure everyone at the top is aligned on strategyand communicating it clearly. Only 79% of CEOs agreed with the statement, down 4% from March. Confident and fast-paced, Mavericks come into projects expecting to impact the status quo. Remote work came out of left-field for most CEOs. As CEO, which of the following are your biggest challenges? These outspoken workers know how to work a room and motivate a team. A business manager role would also be a great option to consider if you are a specialist. The findings in this report will open your eyes to the unique challenges CEOs are facing in a COVID world. Other executives include Mike Zani, Chief Executive Officer; Jackie Dube, Chief People Officer and 14 others. According to the Predictive Index, our DNA, environments, and personal and professional experiences influence our final behavioral hardwiring by our mid 20s. Promoters are the kinds of workers that you want on the front lines. Management consultants often focus on the operational side of strategy, helping clients improve efficiencies, cut costs, and maximize profits. There are another 6 different profiles that fall under this category: Altruist, Captain, Collaborator, Maverick, Promoter and Persuader. This designation helps CEOs better understand the behavioral makeup of their team. So when trying to solve these problems, its critical to take a people-first approach. Thats a 10% decrease from March 2020. Thats an eye-popping 17% increase from the 2019 CEO Benchmarking Report. 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. By leveraging these data points, leaders can build dream teams that are cohesive, trusting, and intentionally designed to tackle the work at hand. By mobilizing groups and teams, Persuaders possess the ability to rally workers toward a single, unified goal. These teams strive for consensus, prioritize group decision-making, and put a premium on interpersonal relationships. Valuable research and technology reports. The study asked CEOs to answer the following: To what extent has the strategic direction of your company shifted since March 2020? Mavericks also tend to be leaders which make them good entrepreneurs. Scholars are reserved yet knowledgeable workers. Of the organizations that restructured, 28% let go at least one-fourth of the company. Learn more about talent optimization, and the dream teams it helps build, below. Essential workers are servicing their community while wearing masks and worrying about getting sick. 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. View our Privacy Policy. Positions to consider if you fall into one of these categories are: A supportive, helpful, team player that is extraverted. Look for a detailed-paper when identifying the Strategist PI emoji. Director or VP of Marketing, Strategic planning & growth could also be areas to consider &/or digital marketing roles. View a side-by-side comparison and learn the difference in what we offer. 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. Humble and supportive, Altruists are precise and helpful colleagues. As CEO, which of the following are your biggest challenges? Compared to the 2019 CEO Benchmarking Report, thats a decrease of 12%. I would investigate the HR world if this is you! The Predictive Index platform is equipped with science-backed recommendations to power your engagementsand help senior leaders and critical teams build cohesion and reduce conflict. Consider something in healthcare such as nursing, occupational or speech therapy. Do you agree with the following statement? 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. Historically, in what areas have you used consultants for help with talent strategy and execution? With talent optimization, the path to designing those dream teams is clearer than ever., Daniel Muzquiz, President at The Predictive Index. 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 want to develop future leadersones that will continue to drive the organization forward. It was the most popular response by a wide margin. Its no surprise employee productivity is a major concern for CEOs. Congratulations to our 2022 Advanced PI Practitioner Graduates Predictive Success Academy, Optimizing 9-Box and The Leadership Competency Model, Predictive Success donates $5,000 to support The Ronald McDonald Family Room at Markham Stouffville Hospital, The Impact of a Positive Workplace Culture Environment on Productivity, Predictive Success Statement in Support of Ukraine, Princess Margaret Cancer Center Announces Predictive Success Fellow, Winning the Championship: People Data & Sports Management, Consulting Skills Needed and Valued By Employers and Clients, Predictive Success Team Coming Together and Giving Back, Effective Employee Retention Strategies & Ideas, How-to Guide: 9-Box & Leadership Competency Model, Predictive Success Continuing Pledge to Support Princess Margaret Hospital, Retaining Top Talent Begins with An Effective Talent Acquisition Plan, Full Guide To Employee Recognition in the workplace. Thirty-six percent stated it was of high concern. Researchers asked CEOs how confident they are in their executive teams ability to deliver on short- and long-term strategic goals. Positions that would be good for a promoter profile include; public relations, marketing, social media, event and hospitality roles. 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. Accordingly, the Artisan PI emoji is represented by tools. Individuals who you want working on the front lines. A strong CEO at one company can move to another and not fit well at all. They approach tasks with an open mind and are friendly, supportive, and patient. Inspire your team to crush their goals. Sixty-six percent of CEOs selected: Enhancing the quality of working relationships, robust development and mentorship opportunities, and long-term affiliation. Design and execute a winning talent strategy with PI. Talent optimization focuses on a businesss most expensive and powerful assetpeople. More than half of the respondents selected Working well remotely. As municipalities struggle to rein in the virus, CEOs are stressing over their employees and customers. To answer these questions, The Predictive Index surveyed 160 CEOs in September 2020 about their top priorities and concerns. Management Workshops & Consulting Services, Get Your PI Talent Optimization Certification. Join our global network of 400+ PI Certified Partners, and add the leading talent optimization platform to your consulting toolbox. 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. The study had CEOs elaborate on how they might leverage outside help moving forward. Proven framework for aligning business strategy and people strategy for business results. Contact 2? More than ever, CEOs are looking to retain the customers they have while also getting the most out of the people they have. View latest updates. These workers are like the gears of a well-oiled machine. Strong-willed and goal-oriented Venturers will stop at nothing to achieve their innovative objectives. A person who is always willing to accept a challenge. Theres never room for error in their work as they work hard to develop technical expertise and operate within established guidelines. Add the leading talent optimization platform to your consulting toolbox. That doesnt mean you have to start engagements from scratch. If you answered Yes to these questions, you more than likely may fall into this category. If so, you are more than likely an individualist. These individuals are great team players! More than ever, CEOs are looking to retain the customers they have while also getting the most out of the people they have. For all CEOs, success requires the support of the whole company. Annual CEO Benchmarking Report 2021 Consultants - The Predictive Index ANNUAL CEO Benchmarking Report 2021 160 CEOs reveal their top concerns and priorities in a post-COVID remote world. I would like to receive marketing emails from The Predictive Index. To what extent has the strategic direction of your company shifted since March 2020? The predictive index personality types are evaluated based on 4 traits. Select all that apply. Scholar: Someone who is a natural go-getter! To help your clients build momentum, first ensure their teams are engaged and motivated to hit their goals. 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. All Rights Reserved. Someone who likes to gather and review the data before making a thorough and detailed decision. After all, profitability depends on productivityand that hinges on people. This category consists of six different profile types: Analyzer, Controller, Venturer, Specialist and Strategist. Client on-sites arent happening, because clients arent on site at all. Adopting a new process remained flat in popularity, while Hiring a human resources consultant declined by 4%. PI identified 17 reference profiles in total. Senior leadership should feel confident it has the right teams to execute strategy. You are also self-disciplined and a go-to person who does not leave room for error. Mavericks: A person who has high aspirations and takes risks! They are fluent conversationalists that ask questions and listen intensely to everything you have to say. But their people issues arent going awayand the need for cohesion cant be overstated. Look for the ships wheel when trying to recognize the Captain PI emoji. Find funding, open new locations and expand in the future. Guardians are formal workers that bring structure and precision into the workplace. They approach tasks with an open mind and are friendly, supportive, and patient. Title: CEO, Predictive Index. As shown below, CEOs that lead almost entirely remote teams are more likely to doubt their teams ability than CEOs with less-distributed teams. Respondents 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): Employees across the company clearly understand the companys mission and strategy. 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. Many others were forced into remote work. The Predictive Index uses the information you provide to contact you about relevant content, products, and services. Operators are cooperative and patient, with the ability to remain calm in nearly any circumstance. This website uses cookies and third party services. From supply chain disruptions to evolved buyer cycles, COVID-19 didnt just alter the landscape; it redefined it. Their answers provide a window into the minds of executive leaders during one of the most trying times in recent history. While COVID-19 has radically altered life at home, its also forced companies to make tough decisions about their workforce and teams.
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