When asked what is their No. The second-most popular response was Finding the right talent (25%). 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. 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. Companies have generally stabilized since the onset of the pandemic. Last year, finding the right talent was the No. 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. Select all that apply. 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. 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 Predictive Index - 17 Behavioral Profiles Five "Analytical" Profiles & Signature Work Styles Six PI "Social" Profiles & Signature Work Styles Two PI "Persistent" Profiles & Signature Work Styles Four PI "Stabilizing" Profiles & Signature Work Styles Contact Our Predictive Index Experts Event Calendar From supply chain disruptions to evolved buyer cycles, COVID-19 didnt just alter the landscape; it redefined it. With 2020 nearly in the rearview mirror, CEOs are focusing on whats ahead. Maybe you have been thinking of starting your own business? 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. A whopping 96% of respondents said they changed direction due to the pandemic, with 50% indicating their strategy shifted to a great extent. Take the free 6-minute Predictive Index Behavioral Assessment to learn how your natural strengths can help you meet your business goals. They are someone who brings reliability to the workforce. To help your clients build momentum, first ensure their teams are engaged and motivated to hit their goals. You also may exceed in areas that push your boundaries and would be considered a strong-willed and goal-oriented individual. To stay afloat, 69% of companies restructured their teams since March 2020. Find opportunities for businesses owned by women and people of color. When COVID set in, CEOs and their teams had to move quickly to adapt, stabilize, and survive. Fifty-eight percent of respondents either agreed or strongly agreed.. 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. A director or manager of an innovative team would be a great position. 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. Often cooperative, empathetic, and patient, Collaborators are important teammates to enlist. Sixty-nine percent of those surveyed said their company suffered layoffs or furloughs since March 2020. 1 priority moving forward, 53% of CEOs said Strategy development, an increase of 14% from the 2019 CEO Benchmarking Report. In the 2019 CEO Benchmarking Report, the top answer among respondents was Employee performance and productivity. All Rights Reserved. The study began by asking CEOs to what degree the pandemic has forced their business to restructure. If you are an individualist, this may be a good avenue for you to consider! Learn more about talent optimization, and the dream teams it helps build, below. Learn the differences in what we offer with this side-by-side comparison. As a leader, this is invaluable. More than ever, senior leaders need a talent strategy that puts complex business needs in clear people terms. See how we work and the ZenBusiness difference. Positions to consider if you fall into one of these categories are: Altruists: A supportive, helpful, team player that is extraverted. Talent optimization is a comprehensive discipline. 442 views 7 months ago The 17 Predictive Index Reference Profiles Red Wolf Group founder and CEO, Alicia Lykos, tells you all you need to know about each Predictive Index reference. You can then fill your gaps in other ways. This website uses cookies and third party services. The Altruist PI emoji is symbolized by a shining candle. If you fall into this category you are typically a detail-oriented individual who focuses on collecting thorough data. A person who is great at working with others, extraverted, charismatic, open-minded, supportive, well-spoken, and ready for a challenge? Next, researchers wanted to learn how CEOs have leveraged consultants in the past. 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. The Predictive Index behavioral assessment is a very popular work-related behavioural assessment, taken by 2.5 million candidates each year. Search for jobs related to Predictive index ceo profile or hire on the world's largest freelancing marketplace with 21m+ jobs. Consultants who once stressed over delayed flights are now stressing over glitchy meeting technology. Feel the joy of working on a team that trusts each other. You are also self-disciplined and a go-to person who does not leave room for error. They often see the result, and create it. Theyre also worried about Customer satisfaction, which saw an 8% increase from 2019. This report was developed with scientific rigor. Captain: A person who is always willing to accept a challenge. CEOs dont value just any consulting solution. Scholar: Someone who is a natural go-getter! Researchers asked CEOs to answer twice: once for how theyre feeling now (September 2020) and again for how they felt back in March 2020. Button CTA. Researchers asked them the following: As of September 2020, in which areas could you benefit from a consultant to help with talent strategy? Director or VP of Marketing, Strategic planning & growth could also be areas to consider &/or digital marketing roles. But the reality is that CEOs also value their expertise when it comes to talent strategy and building effective teams. 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. All Rights Reserved. As municipalities struggle to rein in the virus, CEOs are stressing over their employees and customers. Take the Cultivating Team from before: The team may value consensus, but if the strategy requires quick decision-making, consensus wont always be possible. Experience the power of the worlds leading talent optimization platform, Call Support: 877-235-1541 Call Sales: 877-421-3717. A whopping 96% of respondents said they changed direction due to the pandemic, with 50% indicating their strategy shifted to a great extent. Made with remotely by ZenBusiness INC 2023. If this is you, consider consulting roles, banking, project management, financial advisor, computer technology or a software developer position. Their answers provide a window into the minds of executive leaders during one of the most trying times in recent history. Scheduled Infrastructure Maintenance. Employees across the company clearly understand the companys mission and strategy. Align business strategy and people strategy, Explore our resource and learning library, Explore our resources and learning library. Were committed to your privacy. Venturer Look for a detailed-paper when identifying the Strategist PI emoji. These workers value stability and consistency. Predictive Success America Inc. The best way to fill those gaps is by surrounding yourself with people who are strong in areas where you are weak. 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. As CEOs make critical decisions about the future of their business, the shift in strategy hasnt been without bumps in the road. Most of us CEOs have probably considered this before and have some thoughts one way or another about ourselves. The study continued by asking CEOs whats keeping them up at night. You could adapt well in several positions, whether it be customer service or arts and entertainment. Individualist: Do you have a desire to move the organization forward and constantly solve problems within the company? Among the different tests and resources we use, the Predictive Index is one of our favorites. The study continued by asking CEOs whats keeping them up at night. While COVID-19 has radically altered life at home, its also forced companies to make tough decisions about their workforce and teams. COVID-19 has upended the nature of work. Align business strategy and people strategy, Explore our resource and learning library, Explore our resources and learning library. Management consultants often focus on the operational side of strategy, helping clients improve efficiencies, cut costs, and maximize profits. Save time and make it easy to do your accounting and taxes. "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. First, researchers asked CEOs whether at least 90% of their employees were currently working remotely full-time. That sentiment skyrocketed in 202056% of CEOs now say employee performance is a top concern. Take the free assessment to find your Predictive Index type here! Watch the video below to learn more about our 17 . Ninety-seven percent plan to allow remote work beyond the pandemic. People with this profile type are social, determined, and well-spoken individuals. Interestingly, only 17% of CEOs said Talent strategya 13% decline from 2019. Title: CEO, Predictive Index. Another option would be to investigate the consulting world. They are great support workers, whose PI emoji can be identified by an upwards-shooting star. 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 Employees across the company clearly understand the companys mission and strategy. Yet good intentions arent enough to get stuck teams unstuck. Sixty-nine percent of those surveyed said their company suffered layoffs or furloughs since March 2020. 310 Byron St. South, Suite 1 More than ever, CEOs are looking to retain the customers they haveand optimize their talent for 2021. In September 2020, The Predictive Index surveyed 160 CEOs about their top priorities and concerns. Between navigating the pandemic, the economy, and a remote future, CEOs have critical business problems to solve. Between navigating the pandemic, the economy, and a remote future, CEOs have critical business problems to solve. 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. The research sample was restricted to 160 chief executive officers, presidents, and chairpeople at U.S. companies with 25-1,000 employees. 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. Traditionally, entrepreneurs or business owners also fall into this category. By leveraging these data points, leaders can build dream teams that are cohesive, trusting, and intentionally designed to tackle the work at hand. These workers often assume leadership positions. Design and execute a winning talent strategy with PI. They approach tasks with an open mind and are friendly, supportive, and patient. A few industries to consider Project Management, logistics, finance, accounting & managerial positions. For more information, check out our privacy policy. Researchers also wanted to better understand how remote work has impacted the effectiveness of executive teams. The predictive index personality types are evaluated based on 4 traits. When COVID set in, CEOs and their teams had to move quickly to adapt. I would like to receive marketing emails from The Predictive Index. This profiles PI emoji is characterized by spinning gears. According to the Predictive Index, CEOs often have a common behavioral profile. 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. Analyzer: Someone who likes to gather and review the data before making a thorough and detailed decision. Youll also learn how to help your clients build dream teams that work like magicusing talent optimization. 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! This profile type would excel at data entry, clerical, executive assistant, or customer service. 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. 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 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.. She is also the Owner/CEO of a consulting firm. View our Privacy Policy. Teams arent just newtheyre virtual. Below are roles that could be a great match if you fall into this category. Theyll also learn how these strengths and weaknesses map back to the business strategy. These individuals are independent and strong-willed, willing to accept any challenge and constantly raising the bar for their organizations.