Executive Assessments

Executive Assessments

Ours predict performance better and cost you less.

There are many approaches to executive assessments. And, the differences between them are substantial. The time investment for the executive can range from 2 days to as little as 1 hour. There’s also a wide range of price tags, from about $1000 to $35,000 USD or more per assessment! And, most importantly, some are much more predictive of performance than others. In fact, some have no research to back them up. We’re proud that that our executive assessment approach has superior validation evidence and are reasonably priced. We’ve achieved this by focusing on science and being committed to value-creation for our customers. 

PCI's Approach to Executive Assessment

Since 1957, we’ve used the individual assessment approach to assess executives. 

Why do individual differences matter?

People differ greatly in terms of their capabilities, preferences, and how they are naturally wired. Knowing how much more (or less) of an ability, preference, or trait a person has compared to most people allows us predict their behavior. That’s because there’s a lot of scientific research showing that things like Cognitive Ability, the “Big 5” personality traits, and preferred leadership style predict a wide range of behaviors and work-related outcomes. And, the most objective and accurate way to measure individual differences is with reliable, validated tests. But the psychometric tests are only one part of our executive leadership assessment process. See below for a quick view of how testing fits into the bigger picture. 

Executive Assessment Process: At a Glance

The 4 core process steps are the same for hiring, development, or succession planning. There are some differences in the details. The below graphic is specific to executive assessments for hiring.

Intake Call

We meet with the hiring team to discuss the culture, the role, and what the person must be able to do well to succeed.

Assessment

A 2-hour online test battery and a 1-hour phone interview with a psychologist that includes feedback on the results.

Report Delivery

In 2 days, you get a comprehensive, custom-written report, ratings, interview probes, & guidance on next steps.

Debrief & Support

Discussion with hiring team to review results. Optional Development Report and Coaching for new hires to accelerate onboarding.

A little more about the psychometrics....

  • Psychometric test battery. Because the science is clear, we place a lot of weight on the results of the psychometric tests. We’re not a test publisher. So, we can review the technical research on all the available tools on the market and make unbiased choices. 

     

  • Efficiency. Through rigorous research and continuous improvement efforts, we’ve designed a highly predictive executive assessment test battery that’s delivered remotely and takes only 2 hours to complete. That means no travel expenses for you, quicker turnaround of reports (2-days for hiring assessments), and a less time-consuming experience for busy executives.

     

  • Proprietary Norms. We compare each person’s scores to a norm group made up of thousands of others who’ve completed the executive assessment process. So, this benchmark tells us how different a person is compared to most people. Sometimes being different is good. Other times, it can be problematic. It depends on the role requirements and corporate culture. Consider the below example. 
Executive Assessment results are normally distributed

The Art of Executive Assessment

Anyone can sell you tests and help you interpret the automated reports. But very few can do what we do with the data. We’re a small group of deeply experienced business psychologists who do one thing – assessments for hiring, development, and succession planning. Over decades of experience, data collection, and research, we’ve mastered the art of executive assessment. 

  • Interviewing with Feedback. We conduct a 1-hour phone interview that provides context and rich information. As we gather responses, we are integrating what they said with the test data to spot areas of alignment and disconnects. At the end of the call, we give feedback on the online tests, tying it back to what they said whenever possible. Executives appreciate this courtesy, and it gives us more insight into their self-awareness and coachability.

     

  • Data Integration. There’s about 70 percentile scores across the test battery. Understanding how the different ability, trait, and preference scores interact to make the person unique requires expert knowledge and insight. The interview responses add another layer of complexity because we need to integrate the qualitative information with the hard data.

     

  • Evidence-based Story-telling. Every executive assessment report for hiring and development is custom-written by the psychologist from scratch. We consider the organizational culture and role responsibilities, and draw implications regarding fit based on the data. The complexity of the data is translated into a concrete story that helps you hire the right people, develop leaders wisely, and plan for succession.

Differentiators of PCI's Executive Assessments

  • Measure your competencies and core values. This is especially important when hiring external candidates, given the high failure rate of executive leaders.

     

  • Customized deliverables. Different audiences want to see different data. We give you what you need with comprehensive executive assessment reports, executive summaries, and dashboards.

     

  • Participant Feedback. This is uncommon in the industry and leaves participants with a positive impression of your organization.

     

  • Customer attentiveness, responsiveness, and flexibility. As a boutique executive assessment consultancy with the expertise of large firms, no one will match our service level.

     

  • Validation Studies. Many executive assessment firms talk about validity on their websites, but fewer have it documented. Check out some of our study summaries. We’re also happy to do a validation study with your participants.

     

  • Objectivity. This point can’t be overemphasized, as many firms rely heavily, or solely, on subjective data. When you engage with us, you get an honest, candid, objective assessment. You won’t always like what you hear. But, we’re not afraid to say what needs to be said, based on the data, so you can make informed decisions. 

How We Ensure Objectivity in Our Executive Assessments

We don’t recruit.  It’s hard to be both advocate and judge, so we don’t do executive search. We do executive assessments, and we do it very well. Because we have no stake in the game, you get a purely objective evaluation – every time.

No invasive interview questions. We don’t ask about a person’s upbringing, childhood experiences, or decisions they made decades ago. These things are subjective, don’t predict well, and make people uncomfortable.

We don’t evaluate experience or “pedigree.”  Why?  Because they are poor predictors of job performance. Also, you don’t need a psychologist to tell you what prior experiences are needed. You and your search firm can do this. 

The psychometric test results are heavily weighted and compared to PCI’s executive assessment norm group. Interviews provide secondary data to improves the preciseness of our interpretations of the test data.

Structured interviews.  We ask the same questions every time to evaluate their motivations, personality, leadership style, and self-awareness. Consistency ensures reliability. And, an assessment can’t be valid if it’s not reliable.

Two psychologists review the test data and interview notes and assign ratings independently. Then, they come to a consensus using data-driven arguments. 

Interviews are voice only to remove biases that can result from the person’s mannerisms or appearance.  

Experience the Difference

Get more. Pay less.

To speak with a business psychologist about our executive assessments for hiring, development, and succession planning, call us at 1-412-887-1007.

Executive Assessment Partner Checklist 

Many factors go into selecting a partner for executive assessments. So, we’ve created this list of questions to ask when talking with different firms. This will help you pick the right one for your needs. 

The Executive Assessment Firm and it’s People

  • How many executive assessments have you conducted? At what levels? In what geographies? For what industries?
  • Have you conducted validation studies to show the relationship between your assessment and work-related outcomes? If so, can you provide some case studies?
  • Has an official EEOC complaint ever been brought against your company?
  • What qualifications do your assessors have in terms of education and experience conducting executive leadership assessments?

The Psychometric Tools

  • What online psychometric tools are used to measure cognitive ability, leadership style, and personality?
  • Is there a personality survey that measures the Five Factor Model of personality?
  • What languages are they available in?
  • When was the last time that you reviewed and updated the online assessment battery? What changes were made and why?

The Interview

  • Is it required or optional?
  • How long is it?
  • Who conducts it?
  • Structured or unstructured?
  • What types of questions are asked?
  • Phone, videoconference, or in-person? Why this approach?
  • What days/hours are interviews available?
  • In what geographies are your interviewers located?

The Process

  • How long does it take to complete the online test battery?
  • Do candidates receive feedback? If so, how?
  • What process is used to assign assessment ratings?
  • How much weight is given to the psychometric tests versus the interview? Why?
  • Is there a single rater or multiple?
  • How long after I submit a request will the candidate be contacted? What days/hours do you process requests?
  • What is the turnaround time for receiving the report?
  • What is the average number of days from the time we put in a request to the time we receive the assessment report?

Customization

  • Can you customize the report format/content?
  • Can you rate our competencies and values? What is the cost?
  • Can you create different levels of assessment/reporting at different price points? 

Executive Assessment Inclusions and Add-ons

  • Do you do intake calls prior to the assessment to talk to the hiring manager about the role and what they are looking for? What’s the cost?
  • Do you offer debriefs with HR and the hiring manager after the report has been received? What’s the cost?
  • Do you provide any metrics, such as number of people assessed, group level analysis of results, assessment-to-hire ratio? What’s the cost?
  • Are you able to do a validation study for us? What’s the cost?
  • What other services do you offer that may complement the executive assessments?