The first Generative AI toolkit for Executive Search and Leadership Assessment

Ott Niggulis

There has been a lot of buzz about Generative AI and the impact it will have on the executive search and HR space. In most cases, the practical examples have been a bit uninspiring.

Using AI to draft job descriptions, filter through tons of resumes, or draft acceptance and rejection letters to candidates is fine, but focusing on administrative and manual tasks misses out on the real potential of AI.

The true power lies not in completing administrative tasks faster, but in sifting through huge amounts of data quickly and providing human decision-makers the insights they need to make smart decisions. 

At Wisnio, we are in a unique position to leverage that power.Our leadership assessments evaluate over 200 data points per person and include information on workplace behaviours, motivators, and competencies. 

This data is then used to model how a group of people is likely to perform in a team and how each candidate would impact team dynamics and performance. This results in thousands of relevant data points per team and candidate. 

That's a significant amount of data to comprehend. And while our current Profile pages give a great overview of the analysed data, it is impossible to present all of it using traditional reports and assessment profiles.

For AI, on the other hand, it’s just the kind of big data analysis that it’s seriously good at. It can understand and explain the data and draw actionable insights from it instantly.

Meet WisGPT

One of the first Wisnio tools to harness the power of Generative AI is WisGPT -  a first of its kind AI toolkit powered by Wisnio data and specifically designed for executive search and leadership talent professionals. 

With WisGPT, the collected talent data is immediately actionable. There is no need for long study sessions on how to correctly interpret the data. Instead, you can simply ask questions and the AI will do the rest.

It’s this combination of AI with talent data that makes WisGPT truly unique and powerful:

1. WisGPT is designed to enhance human decision making, not take humans out of the process;
   
2. The data and insight provided by AI are based on scientifically validated assessment tools;
   
3. There is a clear link between the input data and AI-generated insight.

The toolkit empowers leadership talent professionals with hyper-personalised insights that enhance the client experience, frees up consultants from tedious manual tasks, and makes exponentially more data actionable to support business leaders.

What follows are detailed use case examples for:

• Executive Search Professionals
• PE/VC Talent Professionals
• Leadership Assessment & Development Professionals

Executive search professionals

In the competitive world of executive search, standing out is crucial. With AI-powered tools, search professionals can offer unparalleled insights to their clients, ensuring the best fit for every role.

1. Differentiate your services with AI-powered team assessment and hiring tools
   Provide in-depth insight about the team, position, and shortlisted candidates to your clients and let AI do the tedious task of interpreting the data and writing concise summaries. This frees up your consultants time as the actionable data and summaries are immediately available.
   
2. Speed up your process with AI-powered automation tools
   Wisnio’s AI tools assist in drafting assessment reports, candidate summaries, job briefs, and similar documents automatically. Our data models provide AI with the relevant information, and advanced AI tools help draft the documents instantly.
   
3. Provide a unique candidate experience
   Leadership assessment is often a time-consuming process with candidates having to wait for days or weeks to get feedback and valuable insights from the assessment, if at all. Wisnio assessment reports are ready immediately and our powerful AI tools explain the data to candidates and help them interpret it.

Example questions

• Write an executive summary explaining how this candidate would complement the team.
  
• How can I make the job offer compelling for this candidate?
  
• This team needs to succeed in enterprise sales. Point out potential talent gaps they should consider when hiring.

Private Equity and Venture Capital talent professionals

For Private Equity and Venture Capital firms speed, accuracy, and strategic alignment are paramount. With WisGPT, talent professionals can get an overview in minutes and position talent to drive growth. 

1. Speed up pre- and post-deal leadership assessments
   The Wisnio assessment takes just 25 minutes to complete and the team report is ready to explore immediately after. Powered by WisGPT,  it’s much easier and faster to make sense of the data and write summaries and other needed reports.
   
2. Tie together assessment data and the value creation plan
   Wisnio talent data together with powerful AI tools are excellent at connecting the dots between the value creation plan, current team composition, and where the team needs a boost to make the plan a reality.
   
3. Summarise data instantly for the deal team
   Wisnio AI tools are built to give actionable summaries and feedback along with super-concise and relevant summaries for the deal team.

Example questions

• The value creation plan expects this team to accomplish X - what are the potential talent gaps based on their assessment results?
  
• I am considering adding a CRO role to the team. What should they be strong at to best complement the team?
  
• What three things should I ask this team to open a team development discussion?

Leadership assessment & development professionals

Developing leaders is about understanding strengths, identifying growth areas, and crafting development plans that resonate. With the power of AI, leadership assessment becomes more precise, offering tailored insights for each team and individual members within those teams.

1. Interpret team assessment data instantly
   With WisGPT, getting in-depth insights, generating reports, and interpreting the talent data takes minutes, not hours and days.
   
2. Get powerful development recommendations from team data
   By analysing vast amounts of talent data, WisGPT can pinpoint areas of strength, potential conflicts, and opportunities for growth within a team. As a result, teams can benefit from tailored strategies that enhance collaboration, productivity, and overall team dynamics. 
   
3. Give each team member a hyper-personalised AI coach to assist them
   For team members, the AI serves as a personalised coach that understands each member's strengths, weaknesses, and growth areas. It provides feedback, guidance, and actionable insights, allowing individuals to make informed decisions about their own development.

Example questions

• What are the possible derailers for this leadership team?
• What three actions could make this team more productive?
• What are my top three strengths and how can I best leverage them?

Conclusions

The real power of AI in the executive search and wider HR space is not saving time on administrative and other manual tasks, but providing human decision-makers the insights they need to make smarter talent decisions. AI gives professionals deep, actionable insights  that are directly linked to talent data. 

With tools like WisGPT, professionals can harness the full potential of talent data, ensuring more informed, strategic, and impactful decisions in the talent space. As the boundaries of what AI can achieve continue to expand, embracing such advancements becomes essential for staying competitive and delivering unparalleled value in the HR industry.