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Copyright© 2010, The Gabriel Institute. All Rights Reserve Building and Managing Your Entrepreneurial Team! Business Benefits for Entrepreneurs from TGI Role-Based Assessment TM Dr. Janice Presser, CEO The Gabriel Institute

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Building and Managing Your Entrepreneurial Team! Business Benefits for Entrepreneurs from TGI Role-Based Assessment TM. Dr. Janice Presser, CEO The Gabriel Institute. Contents. Which is better: Talent or Teams? Why do ‘failed hires’ keep happening? - PowerPoint PPT Presentation

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Page 1: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

Building and Managing Your Entrepreneurial Team!

Business Benefits for Entrepreneurs from TGI Role-Based AssessmentTM

Dr. Janice Presser, CEOThe Gabriel Institute

Page 2: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2011, The Gabriel Institute. All Rights Reserved.

ContentsContents

• Which is better: Talent or Teams?• Why do ‘failed hires’ keep happening?• How can you predict – and control – team

performance? • Three steps to Business Value in your

entrepreneurial organization.

Page 3: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

Which is Better, Talent or Teams?

• In sports, the best TALENT costs more, but the best TEAMS win more• Do ‘the best and the brightest’ always

make the best team players? • Talent can be measured in many ways,

but can you measure ‘teaming’?

Page 4: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

He looked like the perfect CEO.

He left the Board in the dark & ‘bulldozed’ all opposition to the new technology.

The CTO quit; the launch failed.

And the write-down wiped out two years’ profits.

Page 5: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

She had a superstar ‘rep’ as a Sales VP, and she looked the part.

She grated on your top salespeople…and they left.

She antagonized customers…and they left.

She embezzled $180k.

Page 6: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

You had a great team.Your Director of Administrative Services retired.You asked the recruiter for someone with a ‘firm hand.’You got what you asked for.Now every management meeting goes ten rounds.

Page 7: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

The new Executive Assistant was everyone’s #1 pick.Mis-communication and finger-pointing became common. People who had worked well together for years became enemies.Bad things can come in small packages.

Page 8: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

Businessis a team sport.

Page 9: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

They all spell ‘team’ with 2 letters:

ME

Page 10: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

When people can’t (or won’t)‘team’ well,

what happens toteam performance?

Page 11: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

SBA: 34% of new enterprises close within 2 years.

VC industry: 60% of failures are due to people problems

Page 12: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

Lack of Positive Synergy

• Distraction - failure to maintain focus• Dissention - failure to communicate• Disengagement - failure to commit • Diversion - failure to execute

Both research and practice indicate that 60% of VC-funded companies fail due to internal factors: people, management, execution

Page 13: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

Who Wants Team Players?

• QUESTION: What percentage of business people want good team players on their teams?

• ANSWER: _____% ?

What would it mean for your bottom line if EVERY person in YOUR company was a high-quality team player?

100

Page 14: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

The Ugly Truth About Hiring• 40% of newly promoted managers and

executives fail within 18 months Source: Manchester, Inc.

• 46% of U.S. new hires must be classified as failures within their first 18 months (fired, pressured to quit, required disciplinary action, etc.) Source: Leadership IQ

• 58% of new executives hired from the outside, fail in their new position within 18 months Source: Michael Watkins

• Nearly two-thirds of hiring managers come to regret their interview-based hiring decisions Source: DDI

• 65% lie on resumes Source: The Risk Advisory Group

Page 15: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

How many times have you seen…

• Good ‘fit’• Relevant knowledge • Progressive growth of

responsibility• Excellent resume• References• Superb interview

• No clear leadership• Lacking good judgment• Missing key goals and

deadlines• Not measuring up to

expectations• Inappropriate workplace

behavior

Result: undesired termination!Result: undesired termination!

Pre-hire evaluation On the job

Page 16: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

Data is not Information

• SMART ≠ MOTIVATED

• EXPERIENCED ≠ PRODUCTIVE

• AGGRESSIVE ≠ EFFECTIVE

• CHARMING ≠ CONSTRUCTIVE

• How much do resumes, interviews, IQ and personality factors tests really tell us about team performance?

Page 17: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

The Sales Team Example

• Sales ‘personality’: elevated levels of extraversion and aggression are ‘pass-fail’ measures for getting a job in sales

• BUT…sales departments typically have high turnover and a high percentage of people who fail to achieve their objectives

• Personality factors align well with being in the sales profession…but not with success in selling!

• Effective selling requires effective teamwork

Page 18: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

What about the Team?

• CEO’s bet their vision on the team

• VC’s bet their funding on the team

• What are they really betting on?

Page 19: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

Why is this Crucial for a Startup?• You can’t do it alone – it takes a team...• BUT – even one ‘wrong-fit’ person on a startup

team can delay or derail success• You need people who are flexible enough to do

what’s needed...• BUT – if you don’t give them enough of what

they like to do, they won’t stay• You may have the desire to start the business...• BUT – do you have the desire to work with

others to actually make it happen?

Page 20: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

Why is this Crucial for a Startup?• You and your team need to be able to TEAM

well with others– Your team– Your customers– Your advisors– Your investors

• Startups require more energy than existing companies

• What does it take to get ‘liftoff’?

Page 21: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

There isa completely new way

to predicthow people will perform

in teams.

Page 22: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

RBA: A new way to know!RBA: A new way to know!

1900 1920 1940 1960 1980 2000 2010Predicting behavior adds measurable business value Predicting behavior adds measurable business value

Behavior

Woodworth (U.S. Army)

Stanford-Binet IQ

Cattell 16PF Personality

TGI Role-Based Assessment

Gerber Mosaic Figures

Personality

Intellect

Performance

Components

Raw Material

Rorschach Lowenfield

Mosaic

Gerber-PresserExec. Behavior

Gerber-PresserEnhanced EBA

Caliper

Myers-Briggs

Binet-Simon IQ

U.S. Army Alpha-Beta

Wechsler WAIS

AllportValues

Hartman Axiology/EQ

MMPI Pathology

5-FactorTheory

DiSC

Predictive Index

Created by The Gabriel InstituteCreated by The Gabriel Institute

Page 23: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

What you measure is what you get.

Page 24: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

Predicting Business ValuePredicting Business Value

1900 1920 1940 1960 1980 2000 2010

Different Measures…Different Results

Behavior

Personality

Intellect

Role-Based Assessment

IQ testing measures

‘Raw Materials’

Individual traits measures

are ‘Components’

Behaviors determine

team Performance

Page 25: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

TGI Role-Based Assessment• 25+ years’ R&D; 3 separate iterations, to answer the

question ‘What really happens when people team together?’ Launched online in Q3 2009.

• New technology employs multiple interlocking behavioral simulators; cannot be ‘gamed’

• Identifies ‘teaming behaviors’ that impact success of both individuals and teams

• Validated by direct observation (‘from the Board Room to the mailroom’; RBA reports matched to performance assessments from managers)

• In its first year of general availability, RBA is used by the U.S. Dept. of Justice, HP, the State of Montana, and over 50 other organizations.

Page 26: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

Using RBA • RBA is a confidential, on-line 60-minute exercise• The individual is addressed as an actor in films, and is asked to makes

specific choices about his/her ‘starring roles’ in a series of 10 movie scenarios

• Once completed, two reports are generated, one for the individual (SD-1 self-directed) and one for management (MD-1 management-directed)

• The SD-1 report is designed to provide positive, supportive self-coaching and teambuilding advice

• The MD-1 report predicts the individual’s teaming behavior, with specific management guidance to achieve full potential for the individual and for their team

• The MD-1 also identifies areas of concern, and potential ‘red flags’

Page 27: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

RBA: reveals information not identified by other means

• Coherence• Role• Teaming Characteristics

Page 28: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

‘Coherence’ describes a positive orientation to group achievement. Coherent people

work well with others; Rigid and Diffuse people do not.

RBA Metric #1

Coherence is central to Quality of Hire:getting the right people!

Page 29: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

One thing you can count on…

A Coherent person A Coherent person will be will be

a good team player.a good team player.

Page 30: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

‘Role’ is a person’s attraction to one of ten specific

organizational needs, e.g., planning vs. execution vs.

helping others.

RBA Metric #2

Role is key to getting the right people into the right seats

Page 31: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

The Team Starts with the Founder

• Has the Vision• Inspires Followers• Feeds the Team

Page 32: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

Vision Balanced by GroundingVision Mover Vision Former

Page 33: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

Drive Balanced by Organization

Action Mover Action Former

Page 34: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

Obtain and Provide the Essentials

Explorer Watchdog

Page 35: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

Create Community, Culture, and Coordination

Communicator

Page 36: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

Fix Problems, Bank the Solutions

Conductor Curator

Page 37: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

A Group of Proven Entrepreneurs• Role ‘fit-to-mission’ and very high percentage of people with a strong ‘secondary’ Role• 14 RBAs reported; 22 strong Roles;

91% ‘visionaries’

• Founder - - - - - - - 10• Vision Mover - - - 7• Vision Former- - - 3• Action Mover - - - 1• Action Former- - - 0• Communicator - - 0• Conductor- - - - - - 0• Curator - - - - - - - - 0• Watchdog - - - - - - 0• Explorer- - - - - - - - 1

]

Page 38: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

Volunteers Serving the Poorthrough education

• 64 RBA’s reported; 24 multiple roles• 63% Role-fit to preserving, communicating, and sharing knowledge

• Founder - - - - - - - 5• Vision Mover - - - 4• Vision Former- - - 7• Action Mover - - - 4• Action Former- - - 8• Communicator - - 32• Conductor- - - - - - 10• Curator - - - - - - - - 11• Watchdog - - - - - - 3• Explorer- - - - - - - - 8

]

Page 39: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

Why Role is so important…

Aligning Roles with Aligning Roles with job responsibilitiesjob responsibilitiesimproves workplace improves workplace

performance.performance.

Page 40: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

‘Teaming Characteristics’ are the qualities of a person’s work with other people, inside and

outside the organization.

RBA Metric #3

When people feel that they ‘fit’, they also work better, stay longer, and produce more

Page 41: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

Organizational Value

Teaming Characteristics Teaming Characteristics align job-fit with align job-fit with

industry, culture, and industry, culture, and business needs.business needs.

Page 42: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

Use the Metrics of Human Infrastructure to Manage Better! • Align Role with job responsibilities: increase

individual job satisfaction and productivity• Align Roles on a team with mission of team:

raise team output, quality, & collaboration; identify and resolve performance issues

• Raise overall Coherence and Role-fit: improve organizational synergy; create a high-performance organization; build a Coherent Human Infrastructure

Better People, Better Teams, Better Performance

Page 43: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

A Real-world Business Solution• UK wholesalers’ management team meetings

erupt in discord, sniping, and threats• RBA reveals: two key people (of seven) are diffuse

and do not fill any Role effectively• One quits immediately; one is watched more

closely until incompetence is documented• Replacements are hired – Coherent, right Roles,

great Teaming Characteristics• Meetings become positive and productive,

profitability rises 18% in 9 months!

Page 44: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

What would happen if everyone on your team could be a great team player?

Page 45: Dr. Janice Presser, CEO The Gabriel Institute

Copyright© 2010, The Gabriel Institute. All Rights Reserved.

Get Business Value!Get Business Value!• Try a TGI Business Solution at No Cost

– Assess 5 candidates for a current hire, 5 candidates for a promotion, or 5 members of a troubled team

• Do a TGI Pilot Project– Quality of Hire, Leadership, or Teambuilding– Quantify the benefits using your own measures

• Use RBA first where business value is greatest– Looking for funding? Prove you’re a great team!– Optimize hiring; reduce turnover, repair team issues– Build a Coherent Human InfrastructureTM