70% of Companies Use Leadership Assessment in US and UK: Relevancy of Psychometric Assessments in India - wileyassessments/everythingdisc GitHub Wiki
India is a diverse country with many cultures, and according to a report, more than one in three companies have not understood the importance or explored psychometrics in their domains. Only 9% are willing to explore its values and understand why it is relevant in India. Are you aware that over 80% of US Fortune 500 companies use Leadership assessment in the hiring process and over 70% of UK top hundred companies use the same assessments in every stage of the operations in the company?. Considering these numbers and their ability to use psychometric testing for development, it is not hard to determine the reasons for their success. The number of cultures, languages and other boundaries existing in India makes it imperative for companies to utilize different leadership assessments to forge links between the employees to develop performance.
Psychometric Testing for Performance Generation
If the HR department gets the hiring process correct, it saves a lot of money and time for the company. But most of the time, it is difficult to understand what the candidate can bring to the table. The number of reasons why psychometric tests are essential are as follows:
Truthfulness - In most cases, most candidates prepare resumes that are not exactly truthful. Candidates sometimes over-emphasize some of their talents, which might be different in reality. A leadership assessment can help us to sieve out the fundamental skills and capabilities of the candidate.
Soft Skills are Important too - Most companies focus on soft skills in the contemporary world. The educational achievement of the candidate does not mean that they are equipped to tackle challenges. Utilize assessments to understand what they can achieve.
Biases - Referrals are the way to gain good candidates these days. However, this increases the discriminatory behavior of the interviewer, who might know the candidate. Reducing the bias is crucial in understanding the true nature and capabilities of the candidate.
Unimpressive Resumes but High Capabilities - Sometimes, our resumes do not reflect our inherent skills and capabilities. Resume writing is an art, and not all can achieve this. Therefore to give the candidate the benefit of the doubt, a leadership assessment can provide accurate insights regarding the candidate.
Relevance of the DiSC Profile in Business
Top corporations worldwide use the DiSC profile to assess an employee or a potential candidate. The profile is used to get insights into the deep-seated skills and capabilities and other personality traits of a candidate. The DiSC profile, a promising leadership assessment tool, can measure the personality traits of a candidate based on four different personality types- Dominance, Influence, Steadiness, and Conscientiousness. Each of these personality types gives us an indication of the behavior of the person and their abilities to engage more actively with the company culture.
Leadership assessments like the DiSC profile can help a company predict success by gaining crucial insights about the compatibility of different workers and the greater purpose.