In the previous part Blog 2: Psychometric Assessments for HR Leaders and Blog 3: Psychometric Assessments for Talent Acquisition Leaders, we took deeper insights as to the importance of psychometric assessments for HR and Talent Acquisition leaders and how they can use these assessments across the lifecycle of employees including hiring.
In this blog, we would explore the significance of psychometric assessments for Organizational Development and Learning and Development and how OD and L&D professionals can use these assessments for effective succession planning, preparing the next generation of leaders and defining the ROI of learning programs.
Traditionally, the focus of Organization Development Interventions is on creating a coherent structure and processes for teams to work efficiently in an organization and enabling people at the workplace to be successful by removing barriers to success. The definition and perspectives have evolved over time but what remains constant is the focus on the greatest asset for any organization i.e., People. In this blog, we would look into the people aspect of organizational development and how psychometric assessments can help us understand the personalities in a scientific manner.
Similarly, Learning and Development is about developing the skills of people in the workplace so they can be effective in their jobs. A question being continuously asked from L & D professionals is in terms of the ROI of the training investments. Psychometric assessments not only offer a reliable and valid way of benchmarking the skills, aptitudes, and personality of an employee but also offer insights into the development roadmap. Post-training assessments help estimate the ROI of training programs.
Psychometric assessments application areas in Organizational Development
A big responsibility for organizational development leaders is to build the organization with the right set of people with the right skills and personality. Two primary responsibilities for OD professionals include identifying the employees with high potential (HiPo) across their employee life cycle and doing succession planning focussed around future leadership development.
(Willis Towers Watson - The State of Psychometric Assessments in India)
Psychometric assessments are being used in organizations across geographies, industries, and job complexity to identify employees with high potential Similarly, psychometric assessments have also been used to identify the employees with the potential to develop those skills to be a future leader.
Psychometric assessments application areas in Learning & Development
There are multiple areas where psychometric assessments can be used by the L & D teams.
CEO's Expectations from L & D
*LinkedIn Learning Report
Learning Agility will soon become a critical defining factor of employment for all the professionals, across several geographies and industries.
If you do these well you will be able to be more confidently assess the right candidates for the job and organization and meet their KPIs of hiring ratios and cost while still improving the employer brand.
Watch out for our next blog in the Series " How Psychometric Assessments are Enablers for Candidates?". If you liked what you read, do like and share the blog in your network and follow our page at https://www.linkedin.com/company/armezo-solutions/