St. Petersburg, Fla. — Feb. 28
Three-quarters of organizations recently surveyed by the Institute for Corporate Productivity (i4cp – formerly HRI) said they use psychological assessments for executive selection and development or are considering adopting an assessment system.
Of the 180 organizations responding to the survey, conducted in conjunction with HR.com, 58.3 percent use assessments, while 16.7 percent are considering implementing them.
“Organizations are placing an increased focus on the development and selection of key talent,” said Jay Jamrog, i4cp senior vice president of research. “Accurately identifying high-performing leaders is critically important when it comes to managing through change in an increasingly competitive global environment.
“The results of this survey clearly show that organizations are recognizing the demands placed on executives and are using the right tools to assess a leader’s abilities to withstand the pressures of high-level jobs.”
The i4cp survey also revealed assessments are used most commonly for selection and development (66.4 percent), and roughly half (51.8 percent) of surveyed organizations assess candidates for virtually all management and supervisory positions.
Additionally, more than half of the companies (52.2 percent) use psychologists from outside the company to administer assessments, and the majority employ a mix of tests and interviews (64.4 percent) or comprehensive “assessment centers” (43.5 percent).