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Investing in Talent Optimization

Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

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Page 1: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Investing in Talent Optimization

Page 2: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

THE PREDICTIVE INDEX 2

Page 3: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

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Page 4: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

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Page 5: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

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Page 6: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

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Page 7: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

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Page 8: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

THE PREDICTIVE INDEX KINSEY MANAGEMENT8

Page 9: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

THE PREDICTIVE INDEX KINSEY MANAGEMENT9

Page 10: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

THE PREDICTIVE INDEX KINSEY MANAGEMENT10

Page 11: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

THE PREDICTIVE INDEX KINSEY MANAGEMENT11

Page 12: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

THE PREDICTIVE INDEX KINSEY MANAGEMENT12

Page 13: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

THE PREDICTIVE INDEX KINSEY MANAGEMENT13

Page 14: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

THE PREDICTIVE INDEX KINSEY MANAGEMENT14

Page 15: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

THE PREDICTIVE INDEX KINSEY MANAGEMENT15

Page 16: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

THE PREDICTIVE INDEX 16

MoneyballFOR BUSINESS

Page 17: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

THE PREDICTIVE INDEX

HIRE

PURPOSEFULLY

INSPIRE

EFFECTIVELY

Talent OptimizationA NEW DISCIPLINE

BUSINESS

STRATEGY

TALENT DESIGN

BUSINESS

RESULTS

Page 18: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Decoding the Engagement Challenge

Page 19: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

It’s not about happiness.

ENGAGEMENT

Page 20: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Engagement

State of being in gear

Emotional commitment to the company and its goals

Page 21: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

21

Blockers to great results

Minimum Requirements

Forces of disengagement pull your

good people down

PERFORMANCE & ENGAGEMENT

JOB FITMANAGER

CULTURE

TEAM

TIME

Page 22: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

KINSEY MANAGEMENT22

Lost productivity is costing you.

Scenario based on one employee:

● Disengaged employee salary:

$75,000

● Time to fill position: 70 days

● Hiring manager’s salary: $100,000

● Training days: 20 days

● Productivity ramp up: 60 Days

● Time spent interviewing: 8 hours Based on insight from Work Institute’s 2017

Retention Report

Based on Gallup assessment of

organizational loss

Cost of disengagement

- $25,500

Cost of replacement

- $29,300

Page 23: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Kinsey Management, LLC

When people are engaged

37% lower absenteeism

25% lower turnover (in high-turnover organizations)

65% lower turnover (in low-turnover organizations)

28% less shrinkage

48% fewer safety incidents

Engaged companies…

See a 6% higher net profit margins (Towers Perrin)

Receive 5X higher shareholder returns across five years (Kenexa)

41% fewer patient safety incidents

41% fewer quality incidents (defects)

10% higher customer metrics

21% higher productivity

22% higher profitability

Page 24: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Group versus the IndividualReal changes in Engagement occur at the

person and group levels.

Measure Global – Act Local

Page 25: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

How do you predict behavior?

DRIVES NEEDS BEHAVIORS

Page 26: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

What Drives Does PI Measure?

Dominance: The drive to exert one’s

influence on people or events

Extraversion: The drive for social interaction

with other people

Patience: The drive for consistency and

stability

Formality: The drive to conform to rules and

structure

Page 27: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Reading a PI Behavioral Pattern

DOMINANCE

EXTRAVERSION

PATIENCE

FORMALITY

Lower amount of factor Higher amount of factor

Page 28: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Work Environment Pressures

Culture

Job Fit

Manager Impact

Team Dynamics

Page 29: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Kinsey Management, LLC

POLLWhat do you think has the biggest impact on engagement?

Culture

Job Fit

Manager Impact

Team Dynamics

29

Page 30: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Kinsey Management, LLC

Job FitWORK ENVIRONMENT PRESSURE

Page 31: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Kinsey Management, LLC

Disengagement Forces

Misalignment between natural tendencies and key responsibilities of the job

JOB FIT

Page 32: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

The JobSales Hunter

• Quick to connect with people

• Natural juggler

• Goal orientation

• Risk tolerance

• Self driven

Dominance

Extraversion

Patience

Formality

All recommended behaviors for the job

Page 33: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

• Seeks results

• Likes perfection

• “Tasks” over “people”

• Slower to connect

JulieSales Hunter

Page 34: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

JulieSales Hunter

Dominance

Extraversion

Patience

Formality

BEHAVIOR

LOW HIGH

Page 35: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Dominance

Extraversion

Patience

Formality

Tasks / People

TASK

Planning

Analysis

Problem solving

Synthesis

A > B

PEOPLE

Communicating

Motivating

Team building

Trusting

B > A

Page 36: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Lively

Enthusiastic

Optimistic

Stimulating

QUICK

B > C

SLOW

Reserved

Serious

Introspective

Quiet

C > B

Dominance

Extraversion

Patience

Formality

Connection Speed

Page 37: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Julie / The Job

Dominance

Extraversion

Patience

Formality

JULIE

Dominance

Extraversion

Patience

Formality

SALES POSITION

Page 38: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Kinsey Management, LLC

ManagerImpact

WORK ENVIRONMENT PRESSURE

Page 39: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Kinsey Management, LLC

Disengagement Forces

Misalignment between manager and self

MANAGER IMPACT

Page 40: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

KINSEY MANAGEMENT

Management Style

Highest drives – great predictor of management style

Dominance Authoritative ”tell”

General Patton

Extraversion Persuasive ”sell”

MLK Jr.

PatienceProcess “experience”

Steve Jobs

FormalityStructure “rules”

Alan Mulally

Page 41: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

KINSEY MANAGEMENT

“Do unto others as you would

have them do unto you”

Page 42: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

KINSEY MANAGEMENT

Employees Needs

Highest drives – also great predictor of employee needs

Dominance Needs impact

Extraversion Wants feedback

PatienceGive them time

FormalityExplain details

Page 43: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Ron

• Needs Feedback

• Opportunity to influence

• People connection

Head of Sales

Page 44: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Beau

• Direct

• Data-oriented

• Operationally focused

New CEO

Page 45: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Ron / Beau (CEO)

Dominance

Extraversion

Patience

Formality

RON’S SELF PATTERN

Dominance

Extraversion

Patience

Formality

BEAU’S SELF PATTERN

Page 46: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Ron / Beau (CEO)

Dominance

Extraversion

Patience

Formality

Behavioral Comparison

• Different Needs

• Different Behaviors

Page 47: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Kinsey Management, LLC

CultureWORK ENVIRONMENT PRESSURE

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Page 48: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Kinsey Management, LLC

Disengagement Forces

Feeling like what the culture expects of you isn’t who you really are.

CULTURE

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Page 49: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

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Page 50: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Dominance

Extraversion

Patience

Formality

Software Management Team

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Page 51: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Dominance

Extraversion

Patience

Formality

Software Development Team

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Page 52: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Dominance

Extraversion

Patience

Formality

Development Team

• Rules based

• Patient

• Structure

• Heads down

Software Management Team v. Development Team

Management Team

• Proactive

• Impatient

• Risk Tolerant

• Verbal

• Less Formal

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Page 53: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

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Page 54: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Kinsey Management, LLC

TeamDynamics

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Page 55: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Kinsey Management, LLC

Disengagement Forces

Being unlike the team

TEAM DYNAMICS

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Page 56: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

John

• Driven, dominant

• Reserved

• Fast-paced, intense

• Formal, established rules

President, Construction

56

Page 57: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Dominance

Extraversion

Patience

Formality

Team Behavior

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Highly extraverted. Lower attention to detail.Brainstorming culture.

Page 58: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Team Fit | Behavioral Drives

Dominance

Extraversion

Patience

Formality

• More aggressive

• Thinks before speaking

• More data driven

Team Average MisalignmentJohn

58

Page 59: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

Team & John must be aware of the differences and how

they can be used to an advantage.

He is the most important member of the team

(the challenger) as he pushes group to think differently.

Black Sheep or Savior?

Dominance

Extraversion

Patience

Formality

THE TEAM JOHN

59

Page 60: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

KINSEY MANAGEMENT

Fixing the engagement problem is possible when you understand

behavior.

Page 61: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

THE PREDICTIVE INDEX

HIRE

PURPOSEFULLY

INSPIRE

EFFECTIVELY

Talent OptimizationA NEW DISCIPLINE

BUSINESS

STRATEGY

TALENT DESIGN

BUSINESS

RESULTS

Page 62: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

KINSEY MANAGEMENT

Final Thoughts

• Measure, analyze and use data to identify people gaps

and drive business strategy.

• Create and continuously grow a people strategy.

• Utilize people data to hire high performing talent and

build world-class teams.

• Apply best practices to improve how people work

together.

Page 63: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

THE PREDICTIVE INDEX 63

MoneyballFOR BUSINESS

Page 64: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

FREE Assessment

www.kinseymgmt.com

Brandon Kinsey

[email protected]

(832) 274-3937

#XCH19

@TheChannelCo@KinseyMgmt

Page 65: Investing in Talent Optimization - The Channel Company...and drive business strategy. •Create and continuously grow a people strategy. •Utilize people data to hire high performing

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