Adopting a new process remained flat in popularity, while Hiring a human resources consultant declined by 4%. COVID-19 has radically altered the consulting landscape. Header placeholder lorem ipsum dolor sit amet, consectetur adipiscing elit. It helps you understand where each team member may need additional support. While COVID-19 has radically altered life at home, its also forced companies to make tough decisions about their workforce and teams. Airports are a distant memory, instead replaced by dining tables and breakfast nooks. With 2020 nearly in the rearview mirror, CEOs are focusing on whats ahead. Even among leading tech companies, odds are these organizations had never gone completely remote. Access tools to help you manage income and expenses. Scheduled Infrastructure Maintenance. Unlike the previous reference profiles, the Strategist is a big-picture character. Predictive Index: Optimize talent | PI assessment | Wipfli Historically, in what areas have you used consultants for help with business strategy and execution? 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. They want something thats tailored to the needs of their business. Layoffs bring feelings of anxiety and guilt for employees who remain. Most of us CEOs have probably considered this before and have some thoughts one way or another about ourselves. It relies on objective people data, such as cognitive ability and behavioral fit. Join our global network of 400+ PI Certified Partners, and add the leading talent optimization platform to your consulting toolbox. Thats talent optimization: a powerful discipline that helps leaders put people in the right places, at the right times, for the right business needs. 160 CEOs reveal their top concerns and priorities in a post-COVID remote world. These versatile workers can transform their working styles to meet the needs of the team. Which of the following options would you be most likely to select when you need help with business strategy or talent strategy in the future? Align business strategy and people strategy, Explore our resource and learning library, Explore our resources and learning library. Its no secret that people are pivotal to business success. When asked what is their No. Another option could be inside sales or a role in the marketing and advertising world. The Predictive Index CEO and key executive team | Craft.co The study continued by asking CEOs whats keeping them up at night. As of September, 78% of CEOs believed their executive team had strong cohesion. If so, you may fall into one of the profiles under the social type. Add the leading talent optimization platform to your consulting toolbox. They usually follow-up strongly on task delegations. It relies on objective people data, such as cognitive ability and behavioral fit. Select all that apply. 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. As municipalities struggle to rein in the virus, CEOs are stressing over their employees and customers. Interestingly, only 17% of CEOs said Talent strategya 13% decline from 2019. Researchers asked them the following: As of September 2020, in which areas could you benefit from a consultant to help with talent strategy? 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. What percentage of your companys employees have been laid off or furloughed since March 2020? 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. An analytical, innovative individual who is willing to take calculated risks. With talent optimization, the path to designing those dream teams is clearer than ever., Daniel Muzquiz, President at The Predictive Index. This category consists of six different profile types: Analyzer, Controller, Venturer, Specialist and Strategist. A director or manager of an innovative team would be a great position. 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. By submitting my information, I agree to be subject to PI's Terms of Use and Privacy Policy. The Predictive Index is a registered trademark of Predictive Index LLC and is used here with permission. They are motivated by a fairly balanced mix of Behavioural Drives, which can make them hard to read at times. Only two profile types fall into this category: an. COVID forced organizations to learn and adapt. 1 CEO challenge. A person who is great at working with others, extraverted, charismatic, open-minded, supportive, well-spoken, and ready for a challenge? Mavericks also tend to be leaders which make them good entrepreneurs. Thats a 10% decrease from March 2020. Not only does remote work change how teams communicate and collaborate; it can decrease employees confidence in the strategy. These teams strive for consensus, prioritize group decision-making, and put a premium on interpersonal relationships. The Adapter PI emoji can be recognized by the animated chameleon. Controllers are self-disciplined and fast-paced. When working with clients, focus on making the most of the people they have. Fifty-eight percent of respondents either agreed or strongly agreed.. Just as a house needs a strong foundation, every team needs a strong backbone. When asked what is their No. Positions that would be good for a promoter profile include; public relations, marketing, social media, event and hospitality roles. Register your business name with the state to keep others from using it. Across 212 countries and hundreds of millions of users, a 2017 survey found that emojis have been disseminated among texts billions of times. And they need your help to make this dream a reality. More than ever, CEOs are looking to retain the customers they have while also getting the most out of the people they have. Through the Predictive Success team of experienced, professional consulting staff, we give Canadian companies the edge to connect people to prot. Maybe you have been thinking of starting your own business? Send us your details and book a 15-min call to discuss your goals. Take the Cultivating Team from before: The team may value consensus, but if the strategy requires quick decision-making, consensus wont always be possible. Are you deliberate, cooperative, reliable, and easily adaptable to situations? And based on these findings, CEOs are showing an interest in these tools, too. As clients adjust to the world of Zoom and Slack, be their virtual liaison. And for most CEOs, its clear theres no turning back. Positions to consider if you fall into one of these categories are: A supportive, helpful, team player that is extraverted. Collaborators: These individuals are great team players! 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. The ultimate generalist, Adapters are fluid team members that can take on many kinds of roles. 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. Interestingly, only 17% of CEOs said Talent strategya 13% decline from 2019. The Scholar PI emoji can be recognized by an open book. 2021 is a whole new ballgame for CEOs and their teams. A strong CEO at one company can move to another and not fit well at all. Get a D&B Hoovers Free Trial. Often cooperative, empathetic, and patient, Collaborators are important teammates to enlist. After all, profitability depends on productivityand that hinges on people. 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. They love to try new things and create solutions to solve problems. Critical team issues require critical attentionbut CEOs are busy, especially amid a pandemic. For example, one executive team may discover its a Cultivating Team. People with this profile type are social, determined, and well-spoken individuals. 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 an Analyzer, nothing is more daunting than the thought of making an uninformed decisionespecially if they are wrong. Traditionally, entrepreneurs or business owners also fall into this category. Guardian: This person is a precise, dependable, and steady worker. Youll discover whats fracturing senior leadership and why team cohesion is critical to success. You are also self-disciplined and a go-to person who does not leave room for error. The company culture will essentially have to be rebuilt around the new CEOs behavioral drives in order to thrive. Bring back the excitement. 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! 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 reliable and relaxed individuals who are informal in their work, but rarely drop the ball. And that means helping clients build a talent strategy that prepares their employees for the work ahead. Align business strategy and people strategy, Explore our resource and learning library, Explore our resources and learning library. While COVID-19 has radically altered life at home, its also forced companies to make tough decisions about their workforce and teams. Most executive teams recognize the need for talent optimization, even if they dont know it by name. Considering if your personality type matches your job is an extremely valuable exercise and is often overlooked. Experience the power of the worlds leading talent optimization platform, Call Support: 877-235-1541 Call Sales: 877-421-3717. Is the team prepared for the work ahead? Then, they asked a series of questions related to team performance. First, researchers asked CEOs whether at least 90% of their employees were currently working remotely full-time. Researchers asked CEOs to what extent theyve needed external help with their business and talent strategies in the past six months. Find opportunities for businesses owned by women and people of color. CEOs have had to navigate entirely new business circumstances due to the pandemic. The roles to consider for this profile type are extremely broad. And the difference was even starker among CEOs who strongly agreed with the statement: Only 41% strongly agreed, down 17% from March. Thats a 10% decrease from March 2020. Learn the differences in what we offer with this side-by-side comparison. The COLLABORATOR Profile | 17 Reference Profiles | Predictive Index Captains work well under pressure and command stressful situations with an air of confidence and authority. Specialist: An extremely reliable person who will get the job done, someone who will read the fine print in any situation. Button CTA. 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. 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. Made with remotely by ZenBusiness INC 2023. Thirty-six percent stated it was of high concern. All Rights Reserved. The study asked CEOs to list their three biggest challenges in this new normal. Instead, CEOs should invest in a talent optimization consultant whos trained to interpret people dataand build dream teams that get the work done. The most popular response was Employee performance (58%), followed by Leadership development (48%) and Succession planning (36%). And CEOs recognize that power, too. As shown below, CEOs that lead almost entirely remote teams are more likely to doubt their teams ability than CEOs with less-distributed teams. Below are roles that could be a great match if you fall into this category. If this is you, consider consulting roles, banking, project management, financial advisor, computer technology or a software developer position. This designation helps clients better understand the behavioral makeup of their team. They understand that the future of work has changed forever, and they know they must adapt to remain competitive. With CEOs time split between strategy development and daily operations, they cant achieve talent optimization alone. As companies recover and set their sights on thriving in 2021, clear direction is more important than ever. 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? Researchers asked CEOs how confident they are in their executive teams ability to deliver on short- and long-term strategic goals. They understand that the future of work has changed forever, and they know they must adapt to remain competitive. This designation helps CEOs better understand the behavioral makeup of their team. Predictive Index Profiles allow us to quickly understand someone's strengths and potential blind spots. You also may exceed in areas that push your boundaries and would be considered a strong-willed and goal-oriented individual. Positions that would be good for a promoter profile include; public relations, marketing, social media, event and hospitality roles. And for most CEOs, its clear theres no turning back. More than half of the respondents selected Working well remotely. 1 priority moving forward, 53% of CEOs said Strategy development, an increase of 14% from the 2019 CEO Benchmarking Report. These outspoken workers know how to work a room and motivate a team. 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. 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? As remote work disrupts the way teams work, its also eroding the confidence CEOs have in their teams to get that work done. Researchers asked CEOs to answer the following: Which of the following best describes the culture of your current executive team? 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. Venturer: This person likes to take charge! "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. Researchers asked CEOs that have experienced team conflict to describe what it most often relates to. Teams arent just newtheyre virtual. Thats a 4% decline since Marchand an indication theres growing confusion among employees about the mission at hand. Researchers asked CEOs that have experienced team conflict to describe what it most often relates to. Look for the ships wheel when trying to recognize the Captain PI emoji. These workers value stability and consistency. Their answers provide a window into the minds of executive leaders during one of the most trying times in recent history. 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. A Venturers PI emoji consists of a sail-boat, making its way through the water. This person likes to take charge! More than half of the respondents selected Working well remotely. The study began by asking CEOs to what degree the pandemic has forced their business to restructure. Look into accounting, auditing, banking, tax consultant or analyst type of positions if you are an analyzer. Title: CEO, Predictive Index. Companies have generally stabilized since the onset of the pandemic. Send us your details and book a 15-min call to discuss your goals. 1 priority moving forward, 53% of CEOs said Strategy development, an increase of 14% from the 2019 CEO Benchmarking Report. COVID-19 has upended the nature of work. These workers are conservative in nature, often reluctant to make risky decisions. In September 2020, The Predictive Index surveyed 160 CEOs about their top priorities and concerns. Theres never room for error in their work as they work hard to develop technical expertise and operate within established guidelines. 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. These teams strive for consensus, prioritize group decision-making, and put a premium on interpersonal relationships. 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. Confident, analytical, and persistent, Individualists are strong-minded people who approach challenges with confidence. 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. Questions had response formats designed to balance the richness of data to be collected with the ease of responding. The Predictive Index's President and Chairman is Daniel Muzquiz. 2021 is a whole new ballgame for your clients and their teams. As of September, 78% of CEOs believed their executive team had strong cohesion. When cohesion is an issue, conflict typically isnt far behind. Scholar: Someone who is a natural go-getter! As CEOs grapple with both the needs of their business and the needs of their people, theyll be in need of guidance. Find out how you can help them build dream teams that get along and get the job done in the year to come. 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. How are CEOs feeling about their orgs health? Although they require time, Specialists are the most reliable workers when detail is of the utmost importance. 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. And entire industries are preparing for a future where remote work isnt a stopgap but a permanent reality. Success Centre Moving forward, we plan on allowing remote work: Remote work brings new challenges for clientsand new opportunities for you. COVID-19 has upended the nature of work. 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. Its no surprise employee productivity is a major concern for CEOs. Individualist: Do you have a desire to move the organization forward and constantly solve problems within the company? This worry comes amid the brand-new challenge of COVID-19. Its no secret that people are pivotal to business success. 27 Feb 2023 from 20:00 to 21:00 EST. What Is The Predictive Index? | Titus Talent Strategies If you are an individualist, this may be a good avenue for you to consider! Any group in need of an unwavering leader should look for a Captain. Select all that apply. Just as the name suggests, Venturers are characterized by people who explore. The Predictive Index | LinkedIn When cohesion is an issue, conflict typically isnt far behind. Administration, logistics, computer technology or clerical work could be great industries to look at. But the reality is that CEOs also value their expertise when it comes to talent strategy and building effective teams. Predictive Index Test: What It Is and How To Prepare 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.