In September 2020, The Predictive Index surveyed 160 CEOs about their top priorities and concerns. By adopting a discipline like talent optimization, you can build off a proven framework, customizing your recommendations based on the needs of your clients. They love to try new things and create solutions to solve problems. To succeed, leaders will need to rely on their people more than ever and build dream teams that get the work doneno matter what the future holds. Thirty-six percent stated it was of high concern. It's free to sign up and bid on jobs. But with COVID-19 and the economic downturn, CEOs have had to cut costs, reduce spending, and slow or freeze hiring. Researchers had CEOs answer another statement, again asking them 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 are able to effectively communicate the companys mission and strategy to others. 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%. All Rights Reserved. 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. This designation helps clients better understand the behavioral makeup of their team. And entire industries are preparing for a future where remote work isnt a stopgap but a permanent reality. 1 priority moving forward, 53% of CEOs said Strategy development, an increase of 14% from the 2019 CEO Benchmarking Report. When senior leadership is making major decisions at lightning speed, its easy for middle managers to lose clarityespecially in a remote environment. Director or VP of Marketing, Strategic planning & growth could also be areas to consider &/or digital marketing roles. I would like to receive marketing emails from The Predictive Index. 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 findings in this report will open your eyes to the unique challenges CEOs are facing in a COVID world. Do you enjoy structure in the workplace? The study had CEOs elaborate on how they might leverage outside help moving forward. Researchers also wanted to better understand how remote work has impacted the effectiveness of executive teams. CEOs dont value just any consulting solution. 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. Take the Cultivating Team from before: The team may value consensus, but if the strategy requires quick decision-making, consensus wont always be possible. Management Workshops & Consulting Services, Get Your PI Talent Optimization Certification. 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. This worry comes amid the brand-new challenge of COVID-19. Companies may be committed to remote work, but that doesnt mean the shift has been easy. Positions to consider if you fall into one of these categories are: A supportive, helpful, team player that is extraverted. Copyright 2022 Predictive Success Corporation. This profile type would excel at data entry, clerical, executive assistant, or customer service. The Predictive Index uses the information you provide to contact you about relevant content, products, and services. To stay afloat, 69% of companies restructured their teams since March 2020. The research sample was restricted to 160 chief executive officers, presidents, and chairpeople at U.S. companies with 25-1,000 employees. 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. If you are an individualist, this may be a good avenue for you to consider! Most of us CEOs have probably considered this before and have some thoughts one way or another about ourselves. Try the PI Behavioral Assessment for free. Following such a drastic shift under short notice, senior teams are still acclimating to the current world of perpetual Slack messaging and Zoom meetings. Other executives include Mike Zani, Chief Executive Officer; Jackie Dube, Chief People Officer and 14 others. A pair of shaking hands adorn this PI emoji. Parents are camped out at the kitchen table, trying to concentrate on work while their children are remote learning beside them. 266 Elmwood Ave Suite 931 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. For CEOs, these are unique challengesand they beg important questions. Search for jobs related to Predictive index ceo profile or hire on the world's largest freelancing marketplace with 21m+ jobs. But with COVID-19 and the economic downturn, CEOs have had to cut costs and reduce spendingand that means many companies have had to slow or freeze hiring. They can be described as independent and strong-willed and constantly raising the bar for their organizations. What percentage of your companys employees have been laid off or furloughed since March 2020? More than half of the respondents selected Working well remotely. A Guide to the Predictive Indexs 17 Reference Profiles. 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 . Youll discover whats fracturing senior leadershipand why team cohesion is critical to success. Last year, finding the right talent was the No. Most executive teams recognize the need for talent optimization, even if they dont know it by name. Typical CEOs embrace change, and they can often be found starting arguments just to stir the pot and see what comes out. These teams strive for consensus, prioritize group decision-making, and put a premium on interpersonal relationships. By creating a Learn account, youre agreeing to accept The Predictive Index Terms of Service. Ceo. In doing so, youll demonstrate not just expertise, but value. Mavericks also tend to be leaders which make them good entrepreneurs. 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. Predictive Index Profiles refer to categories of similar driver scores. 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? 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. 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 . More than ever, CEOs are looking to retain the customers they have while also getting the most out of the people they have. By understanding how team behaviors impact the work to be done, leaders can gain renewed clarity and confidence about the road aheadand rekindle the magic of a true dream team. turning your idea into a business. I would investigate the HR world if this is you! Stay on top of your Business Credit File . A whopping 96% of respondents said they changed direction due to the pandemic, with 50% indicating their strategy shifted to a great extent. 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. Cerius has a large network of independent executives ready to step in at a moment's notice. There is hope for those who do not have the perfect behavioral profile for a typical CEO. These individuals are independent and strong-willed, willing to accept any challenge and constantly raising the bar for their organizations. 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. Were committed to your privacy. A person who has high aspirations and takes risks! COVID forced organizations to learn and adapt. Sixty-six percent of CEOs selected: Enhancing the quality of working relationships, robust development and mentorship opportunities, and long-term affiliation. 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. This person likes to take charge! 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. How are CEOs feeling about their orgs health? 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. Forty-nine percent of CEOs said Purchasing a new software or systemup 19% from 2019. Button CTA. Through this revealing process, CEOs and their teams will discover their natural superpowers, as well as any caution areas. They understand that the future of work has changed forever, and they know they must adapt to remain competitive. The study asked CEOs to answer the following: To what extent has the strategic direction of your company shifted since March 2020? But their people issues arent going awayand the need for cohesion cant be overstated. For more information, check out our privacy policy. They can be described as independent and strong-willed and constantly raising the bar for their organizations. Thats talent optimization: a powerful discipline that helps leaders put people in the right places, at the right times, for the right business needs. Thats a 4% decline since Marchand an indication theres growing confusion among employees about the mission at hand. 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. Traditionally, entrepreneurs or business owners also fall into this category. Last year, the heart emoji was used over 14 billion times on popular social media platform, Instagram. Made with remotely by ZenBusiness INC 2023. COVID-19 has made it more difficult to earn and keep new business. Essential workers are servicing their community while wearing masks and worrying about getting sick. CEOs dont just want to inspire employees for the here and now. Do I need to give up on that dream? 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. That sentiment skyrocketed in 202056% of CEOs now say employee performance is a top concern. 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. It was the most popular response by a wide margin. Director or VP of. Thats a 10% decrease from March 2020. Theyre also worried about Customer satisfaction, which saw an 8% increase from 2019. An extremely reliable person who will get the job done, someone who will read the fine print in any situation. 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. Youll discover whats fracturing senior leadership and why team cohesion is critical to success. Accordingly, the Artisan PI emoji is represented by tools. Patience and empathy will go a long way toward building trust within client teamsand achieving greater outcomes. 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. From supply chain disruptions to evolved buyer cycles, COVID-19 didnt just alter the landscape; it redefined it. A Venturers PI emoji consists of a sail-boat, making its way through the water. They are visionaries and are able to see the big picture. Guardians are formal workers that bring structure and precision into the workplace. Contact 2? By contrast, both Adopting a new process and Hiring a human resources consultant fell in popularity among respondents. Possibly consider being a teacher or social worker if you are an altruist. 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. The ultimate generalist, Adapters are fluid team members that can take on many kinds of roles. They are diligent and reliable. If leadership is in our DNA and we cant change our drives, is everyone with other drives doomed to be poor leaders? As CEOs make critical decisions about the future of their business, the shift in strategy hasnt been without bumps in the road. Just as a house needs a strong foundation, every team needs a strong backbone. There are another 6 different profiles that fall under this category: Altruist, Captain, Collaborator, Maverick, Promoter and Persuader. Researchers had CEOs answer another statement, again asking them 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 are able to effectively communicate the companys mission and strategy to others. Venturer This website uses cookies and third party services. These traits are measured against the result of the assessment to determine how the candidate falls into each category. The next category is the social category. See how we work and the ZenBusiness difference. For example, the Collaborator reference profile indicates a high extraversion drive and a low formality drive. Otherwise, the work will never get done. The second-most popular response was Finding the right talent (25%). People who fall into this profile type tend to be naturally introverted and reserved but always prepared with a plan. The Predictive Index is a registered trademark of Predictive Index LLC and is used here with permission. Select all that apply. As CEO, which of the following are your biggest challenges? As organizations look to bounce back from 2020 stronger, many CEOs have ambitious goals. Researchers asked CEOs that have experienced team conflict to describe what it most often relates to. By submitting my information, I agree to be subject to PI's Terms of Use and Privacy Policy. Typically, persuaders do not like to hear the word no. This being said, a sales role would be great for a persuaded! 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.