Parents are camped out at the kitchen table, trying to concentrate on work while their children are remote learning beside them. Layoffs bring feelings of anxiety and guilt for employees who remain. If this is you, consider consulting roles, banking, project management, financial advisor, computer technology or a software developer position. These teams strive for consensus, prioritize group decision-making, and put a premium on interpersonal relationships. But 2021 brings brand-new challengesfor you, your firm, and most critically, your clients. If you are an individualist, this may be a good avenue for you to consider! This website uses cookies and third party services. Responses revealed a common thread: Executive and critical teams are struggling to get along and deliver on strategy. Predictive Index Profiles refer to categories of similar driver scores. Only two profile types fall into this category: an. 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. Thirty-six percent stated it was of high concern. As companies recover and set their sights on thriving in 2021, clear direction is more important than ever. Look into accounting, auditing, banking, tax consultant or analyst type of positions if you are an analyzer. Which of the following are of high concern to you? Head Office Success Centre 310 Byron St. South, Suite 1 Whitby (Toronto), ON L1N 4P8 Tel: 905.430.9788 Toll Free: 1.855.430.9788 U.S. Office Predictive Success America Inc. 266 Elmwood Ave Suite 931 Buffalo, NY 14222 Tel: 716.328.0678 It was the most popular response by a wide margin. Select all that apply. 160 CEOs reveal their top concerns and priorities in a post-COVID remote world. The study continued by asking CEOs whats keeping them up at night. CEOs dont just recognize the need to optimize their talent; they also need help doing so. By leveraging these data points, leaders can build dream teams that are cohesive, trusting, and intentionally designed to tackle the work at hand. Design and execute a winning talent strategy with PI. Just as the name suggests, Venturers are characterized by people who explore. Yet good intentions arent enough to get stuck teams unstuck. They can be described as independent and strong-willed and constantly raising the bar for their organizations. Through the Predictive Success team of experienced, professional consulting staff, we give Canadian companies the edge to connect people to prot. There are seventeen different and unique profile types that are then broken down into four categories: This category consists of six different profile types: Analyzer, Controller, Venturer, Specialist and Strategist. The findings in this report will open your eyes to the unique challenges CEOs are facing in a COVID world. Within the stabilizing category, there are four different profile types: . Align business strategy and people strategy, Explore our resource and learning library, Explore our resources and learning library. Do you agree with the following statement? Take the free assessment to find your Predictive Index type here! 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 shown below, CEOs that lead almost entirely remote teams are more likely to doubt their teams ability than CEOs with less-distributed teams. That doesnt mean you have to start engagements from scratch. Copyright 2022 Predictive Success Corporation. Also, restructuring means new teams are formedand thus, new people problems to address. An Individualists PI emoji consists of a wise owl, quietly staring off into the night. 2021 is a whole new ballgame for CEOs and their teams. 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. As remote work disrupts the way teams work, its also eroding the confidence CEOs have in their teams to get that work done. Bring back the excitement. In September 2020, The Predictive Index surveyed 160 CEOs about their top priorities and concerns. Employees across the company are able to effectively communicate the companys mission and strategy to others. Businesses dont run themselves; people do. Learn how we started and what our team stands for. 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. And the difference was even starker among CEOs who strongly agreed with the statement: Only 41% strongly agreed, down 17% from March. Do you have a desire to move the organization forward and constantly solve problems within the company? Strong-willed and goal-oriented Venturers will stop at nothing to achieve their innovative objectives. 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 . 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. Regardless of your digital dexterity, certain facets are impossible to communicate through the flat and two-dimensional medium of text. It helps you understand where each team member may need additional support. Take the free assessment to find your Predictive Index type here! They are extraverted, supportive, encouraging and thrive working in a team setting. They work well with others and thrive in a team setting. Sixty-nine percent of those surveyed said their company suffered layoffs or furloughs since March 2020. And CEOs adapted. Click hereto speak to a Predictive Success Talent Optimization Consultant today. As shown below, CEOs that lead almost entirely remote teams are more likely to doubt their teams ability than CEOs with less-distributed teams. CEOs have had to navigate entirely new business circumstances due to the pandemic. 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. Positions to consider if you fall into one of these categories are: Altruists: A supportive, helpful, team player that is extraverted. More than ever, CEOs are looking to retain the customers they have while also getting the most out of the people they have. Mavericks also tend to be leaders which make them good entrepreneurs. A few industries to consider Project Management, logistics, finance, accounting & managerial positions. Proven framework for aligning business strategy and people strategy for business results. By submitting my information, I agree to be subject to PI's Terms of Use and Privacy Policy. Feel the joy of working on a team that trusts each other. COVID-19 has upended the nature of work. Youll also learn how to help your clients build dream teams that work like magicusing talent optimization. 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. Talent optimization is a comprehensive discipline. They usually follow-up strongly on task delegations. Do I need to give up on that dream? As of September, 83% of CEOs said their employees are clear on the strategy. Altogether, they are easy to reference groupings of the characteristics of people who have similar drives. Industries to look at may include; office management, administrative roles, and human resources. I would investigate the HR world if this is you! And CEOs adapted. They are visionaries and are able to see the big picture. 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. But their people issues arent going awayand the need for cohesion cant be overstated. Researchers asked CEOs to what extent theyve needed external help with their business and talent strategies in the past six months. Employees across the company clearly understand the companys mission and strategy. But just because the crisis has eased, that doesnt mean the hard work stops. To answer these questions, The Predictive Index surveyed 160 CEOs in September 2020 about their top priorities and concerns. With the help of PIs talent optimization platform, you can help your clients turn any team into a dream team. Send us your details and book a 15-min call to discuss your goals. Many others were forced into remote work. 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. 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. 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. 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. For more information, check out our privacy policy. The study had CEOs elaborate on how they might leverage outside help moving forward. Last year, the heart emoji was used over 14 billion times on popular social media platform, Instagram. Predictive Index Profiles allow us to quickly understand someone's strengths and potential blind spots. Businesses dont run themselves; people do. 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. 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. Partner with someone who excels at maintaining. Stay on top of your Business Credit File . . Would you consider yourself to strive in social settings? The PI emoji of these supportive workers can be identified by a blaring megaphone. This worry comes amid the brand-new challenge of COVID-19. These team cohesion issues arent just prevalent; for many CEOs, theyre exhausting. More than ever, CEOs are looking to retain the customers they haveand optimize their talent for 2021. Learn more about talent optimization, and the dream teams it helps build, below. Scholars are reserved yet knowledgeable workers. If youre keeping track, that leaves a mere 7 percent of a message can be effectively conveyed through the content of a message. Promoters are the kinds of workers that you want on the front lines. Possibly consider being a teacher or social worker if you are an altruist. We have staff and local coverage in all provinces across Canada. More than half of the respondents selected Working well remotely. Get a D&B Hoovers Free Trial. Its no secret that people are pivotal to business success. They want something thats tailored to the needs of their business. For 2021, CEOs must build on those learningsand ensure their teams are equipped for the work ahead.. Mavericks also tend to be leaders which make them good entrepreneurs. Someone who likes to gather and review the data before making a thorough and detailed decision. Not only does remote work change how teams communicate and collaborate; it can decrease employees confidence in the strategy. There is hope for those who do not have the perfect behavioral profile for a typical CEO. So when trying to solve these problems, its critical to take a people-first approach. 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. Guardians are formal workers that bring structure and precision into the workplace. But just because the crisis has eased, that doesnt mean the hard work stops. Traditionally, entrepreneurs or business owners also fall into this category. The Predictive Index reference profiles are workplace personality types that are based on the results of the PI behavioural assessment. Remote work came out of left-field for most CEOs. To stay afloat, 69% of companies restructured their teams since March 2020. turning your idea into a business. COVID-19 has made it more difficult to earn and keep new business. If so, you may fall into one of the profiles under the social type. Historically, in what areas have you used consultants for help with business strategy and execution? To answer the question in a scientific manner, however, lets start by first determining if there is a universal set of behavioral drives for a CEO. If so, you are more than likely an individualist. Charming and well-spoken, Persuaders wont take no for an answer. The stakes are high, theres work to do, and teams must accomplish more with less. . To identify an Analyzer using PI emojis, look out for the magnifying glass. When asked how theyve engaged with consultants for help with business strategy, 54% of CEOs said Purchasing a new software or system. The roles to consider for this profile type are extremely broad. They can be described as independent and strong-willed and constantly raising the bar for their organizations. 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. 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. There are another 6 different profiles that fall under this category: Altruist, Captain, Collaborator, Maverick, Promoter and Persuader. Of the organizations that restructured, 28% let go at least one-fourth of the company. Age: 49. Management Workshops & Consulting Services, Get Your PI Talent Optimization Certification. You are considered the go-to person, someone who will get the job done in a disciplined, fast-paced manner. What percentage of your companys employees have been laid off or furloughed since March 2020? If you fall into this category you are typically a detail-oriented individual who focuses on collecting thorough data. We enable leaders with the power and the knowledge, to better motivate, lead and utilize people to the best of their ability. The Altruist PI emoji is symbolized by a shining candle. COVID-19 has made it difficult to earn and keep new business. There are seventeen different and unique profile types that are then broken down into four categories: Analytical This category consists of six different profile types: Analyzer, Controller, Venturer, Specialist and Strategist. I mediate interpersonal conflict among team members at least once a month. Just as a house needs a strong foundation, every team needs a strong backbone. Each of these adjectives falls within one of four broadly construed personality characteristics. Administration, logistics, computer technology or clerical work could be great industries to look at. Virtual is the name of the gameand yet, consulting over Zoom calls and email feels hardly as personable. You may unsubscribe from these communications at any time. 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. By adopting a discipline like talent optimization, you can build off a proven framework, customizing your recommendations based on the needs of your clients. Add the leading talent optimization platform to your consulting toolbox. 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. A person who has high aspirations and takes risks! Specialist: An extremely reliable person who will get the job done, someone who will read the fine print in any situation. When COVID set in, CEOs and their teams had to move quickly to adapt. Traditionally, entrepreneurs or business owners also fall into this category. The Predictive Index, 2023. Join our global network of 400+ PI Certified Partners, and add the leading talent optimization platform to your consulting toolbox. See how we work and the ZenBusiness difference. You like to contribute a strategic, data-driven approach to building winning teams. I mediate interpersonal conflict among team members at least once a month. Extraverted and charismatic, these workers are hard not to like. The study began by asking CEOs to what degree the pandemic has forced their business to restructure. View our Privacy Policy. 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? Another option could be inside sales or a role in the marketing and advertising world. The study began by asking CEOs to what degree the pandemic has forced their business to restructure. This profile type would excel at data entry, clerical, executive assistant, or customer service. Senior leadership should feel confident it has the right teams to execute strategy. 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. The study asked CEOs to list their three biggest challenges in this new normal. At a time when engagements are virtual, having the right consulting software isnt just importantits essential. Please check your email for your account information. 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.. As organizations look to bounce back from 2020, many CEOs have ambitious goals. 160 CEOs reveal their top concerns and priorities in a post-COVID remote world. Someone who is a natural go-getter! Although naturally introspective and reserved, Strategists are always prepared with a plan and know how to direct an organization long-term. Its the age-old question of nature versus nurture rephrased: were you born a CEO or did your environment make you into one? A person who is great at working with others, extraverted, charismatic, open-minded, supportive, well-spoken, and ready for a challenge? Senior leadership should feel confident it has the right teams to execute strategy. Talent optimization focuses on a businesss most expensive and powerful assetpeople. I would like to receive marketing emails from The Predictive Index. 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 ones. Register your business name with the state to keep others from using it. Positions to consider if you fall into one of these categories are: A supportive, helpful, team player that is extraverted. You are also self-disciplined and a go-to person who does not leave room for error. By contrast, both Adopting a new process and Hiring a human resources consultant fell in popularity among respondents. Experience the power of the worlds leading talent optimization platform, Call Support: 877-235-1541 Call Sales: 877-421-3717. Theyll also learn how these strengths and weaknesses map back to the business strategy. 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. Only two profile types fall into this category: an individualist and a scholar. 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. 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. This is someone who you can really count on in the organization! Thats a 4% decline since Marchand an indication theres growing confusion among employees about the mission at hand. Look for a detailed-paper when identifying the Strategist PI emoji. 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? Often cooperative, empathetic, and patient, Collaborators are important teammates to enlist. A whopping 79% of CEOs indicated theyve used consulting software for help with business strategy, talent strategy, or both. Thats a 10% decrease from March 2020. More than half of the respondents selected Working well remotely. Among the different tests and resources we use, the Predictive Index is one of our favorites. Marketing, Strategic planning & growth could also be areas to consider &/or digital marketing roles. If this is you, consider consulting roles, banking, project management, financial advisor, computer technology or a software developer position. For example, are you on fire with out-of-the-box solutions but have trouble maintaining regular production of last weeks idea? For example, the Collaborator reference profile indicates a high extraversion drive and a low formality drive. Cerius has a large network of independent executives ready to step in at a moment's notice. Consider something in healthcare such as nursing, occupational or speech therapy. In fact, UCLA professor Albert Mehrabian found that 58 percent of communication is through body language and 35 percent through vocal tone and pitch. This profile type would excel at data entry, clerical, executive assistant, or customer service. 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. PI identified 17 reference profiles in total. Title: CEO, Predictive Index. 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. This designation helps CEOs better understand the behavioral makeup of their team. Youll also learn how to build dream teams that work like magicusing talent optimization. Good surveys begin with identifying the population of interest. Valuable research and technology reports. For CEOs, these are unique challengesand they beg important questions. Thousands of leaders use Predictive Success, a leader in Talent Optimization, to create teams that win and execute on 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. by Robert T. Kiyosaki and Sharon L. Lechter C.P.A., on July 20, 2022. These workers are conservative in nature, often reluctant to make risky decisions. Maybe you have been thinking of starting your own business? Find funding, open new locations and expand in the future. 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. All Rights Reserved. Companies may be committed to remote work, but that doesnt mean the shift has been easy. To help client organizations thrive in 2021, make sure everyone at the top is aligned on strategyand communicating it clearly. Controller: You are considered the go-to person, someone who will get the job done in a disciplined, fast-paced manner. The Predictive Index uses the information you provide to contact you about relevant content, products, and services. Typical CEOs embrace change, and they can often be found starting arguments just to stir the pot and see what comes out. Critical team issues require critical attentionbut CEOs are busy, especially amid a pandemic. Send us your details and book a 15-min call to discuss your goals. These teams strive for consensus, prioritize group decision-making, and put a premium on interpersonal relationships. The research sample was restricted to 160 chief executive officers, presidents, and chairpeople at U.S. companies with 25-1,000 employees. By submitting your information, you agree to be subject to our Terms of Use and Privacy Policy. 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.
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