THE THOUGHTFUL ENTREPRENEUR PODCAST
Cary Frieden is a powerhouse in executive advising, and her expertise in applied psychometrics is a game-changer for CEOs looking to ground their business plans and objectives in reality.
Cary shed light on how psychometric analytics can reveal individuals' inherent strengths and behaviors, influenced by both nature and nurture. This understanding is pivotal for aligning personal traits with an organization's goals and growth objectives.
One of his key takeaways was the importance of recognizing individual traits and how they drive the behaviours necessary for organizational success. Cary emphasized that managing and supporting individuals to enhance their success is far more productive than resorting to immediate dismissal.
Cary's insights were eye-opening, highlighting how a deep understanding of individual traits can assist leaders in constructing cohesive teams and steering everyone towards mutual goals. This reflection underscored the value of meeting the needs of team members, which is essential for strategic execution.
Key Points from the Episode:
- Applied psychometrics in helping CEOs understand business plans and objectives
- The science behind psychometric analytics and predicting individual strengths and behaviors
- Importance of understanding individual traits about organizational goals
- Managing and supporting individuals for success rather than immediate dismissal
- Analysis of Josh's traits and their alignment with his role as a team builder
- Understanding individual traits to build cohesive teams and align towards mutual goals
- Consequences of ignoring individual traits in leadership on team engagement and productivity
- Valuing team members' perspectives for effective strategic execution
- Cary's approach to working with companies, including conducting team assessments
About Cary Frieden:
Cary Frieden is a dedicated professional specializing in working with CEOs and management teams nationwide to harness their inherent strengths for maximum influence.
With a fervent commitment to creating high-impact leaders, Frieden collaborates with organizations to optimize executive teams, elevate employee engagement, and drive top- and bottom-line performance improvements.
His work revolves around cultivating a mission-driven approach, facilitating the development of leadership skills, and fostering organizational growth. Frieden's expertise lies in strategic engagement, enabling businesses to unlock their full potential by aligning leadership capabilities with overarching goals.
Through his dynamic initiatives, Frieden aims to enhance corporate effectiveness and contribute to the long-term success of companies across the country.
Effective-Exec.com is a data-driven platform that offers a comprehensive understanding of your team, providing valuable insights to enhance organizational performance.
The platform excels in deciphering crucial aspects such as accountability, sales and growth performance, workforce engagement, and effective hiring strategies.
Through advanced analytics, Effective-Exec.com empowers leaders with actionable intelligence, enabling them to make informed decisions to optimize team dynamics and overall efficiency.
The platform's commitment lies in leveraging data to uncover patterns and trends, facilitating the creation of strategies that foster a culture of accountability, drive sales growth, enhance employee engagement, and streamline the hiring process.
Effective-Exec.com is a valuable resource for businesses seeking to unlock their team's full potential and achieve sustainable success through evidence-based management practices.
04:52 – “By the time you're twelve years old, you are completely hardwired; you are who you are, you do not change.”
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Josh (00:00:05) - A thoughtful listener before we get going. Did you know that my company up My influence.com has launched more than 200 business podcasts. The host of our shows are amazing leaders and collaborators. Folks I want to connect you with. Maybe you deserve your moment in the spotlight as a guest of one of these amazing shows. Just go to up my influence.com, where you can see more than 50 shows that are actively seeking business leader guests like you to celebrate right now in front of their high caliber audiences. Just click on the podcast tab and up my influence.com, where you'll see shows like Profit, Powerhouse with Glenn Poulos, sales negotiations, and business insights. This isn't just another business podcast, it's a deep dive into the strategies that truly drive success. Hosted by Glenn Poulos, a seasoned sales strategist and business growth expert. Each episode is packed with insights from top executives and business leaders. If you're a high level executive looking to share your expertise and story, we want you on profit powerhouse. Your experiences could be the exact insights Glenn's audience of ambitious business leaders are craving.
Josh (00:01:27) - And for our listeners, if you're ready to elevate your business acumen and learn from the best in the industry, profit Powerhouse with Glenn Poulos is your go to resource. Subscribe now and join a community of professionals who are transforming the business world, ready to be a part of something groundbreaking? Visit up my influence and click on the podcast tab to find profit powerhouse. Whether you're looking to be the next guest or just seeking invaluable business wisdom, this is where your journey begins. Again, just go to up my influence. Com and click on the podcast tab. With us. Right now it's Carrie Fried and Carrie, you are the founder of effective ExAC. You are found on the web at effective dash exec. Com. Carrie, thank you so much for joining us.
Cary (00:02:21) - Hey, thanks for having me today. Excited to be involved in talking to you.
Josh (00:02:24) - Yeah. And, uh, I don't know if we'll get to it, but we did a little exercise ahead of time, and I'll leave that up to you if it kind of works into our conversation.
Josh (00:02:33) - But, Carrie, I'll have you kind of maybe just share an overview of the work that you do today and who you work with and what you do.
Cary (00:02:40) - So I know I appreciate cueing it up that way. So I'm an executive advisor to several hundred CEOs. Uh, not all at once, but they're in my phone book and I'm in theirs in terms of I'm their chief related people advisor. I give strategic advice, uh, using applied psychometrics to help them understand how realistic or insane is their business plan, their chief goal or objective into being able to put the points on the board? Can they get the team to get the the boulder over the hill the way they planned, or is that in Fantasyland? And I help them tactically strategize how to get their.
Josh (00:03:19) - Or someone who's listening to us, and they just heard the word applied psychometric analytics, and they kind of like, oh boy, is that just. Um, but are those just buzzwords or it kind of tell us about the science here and help the skeptical person realize just how valuable what we're talking about is.
Cary (00:03:37) - So I appreciate that. And actually, I probably validated this, you know, over 10,000 times, as my clients do, and it becomes the most, uh, I'll call it, it's the religious go to source for understanding what someone's strengths are. So in terms of validity and there's all kinds of, of, uh, psychometric tools that everybody knows about Disc or Myers-Briggs. And there's a few others, um, the tool that I use as a, as a one of the highest rated scales for, for validity and predictive performance for individuals based on who they are. And so when we're looking at a team and we're trying to figure out, can I hire should I hire Josh to be the CEO of my company? Well, what I want to understand is who he is. And do his traits drive the behaviors that are necessary for the goals of the organization. So if I look at your organization, well, the first thing I want to understand is what are your top goals? Where are you trying to get this to go 3 to 5 years from now? What kind of growth are we trying to achieve? And when I understand the components of where you're trying to go, when I look at who you are and as you indicated, I actually have the the data on your traits, then it lets me know how probable are you to achieving those goals.
Cary (00:04:52) - You see, the traits that we're born with in 48% of the traits that we have are based on, on nature. You get them from your mom and your dad. The other 52% is through nurture. What happened to you after you came out? How many siblings did you have? Were you beat up? Were you stuffed into a locker? By the time you're eight years old, roughly 75% of your traits are hardwired, and by the time you're 12 years old, you are completely hardwired. You are who you are. You do not change. So when I'm looking at companies and looking at companies and teams trying to understand who they are and how do they put points on the board and when they're not what we need them to be? It's not a hit the eject button, kick them out of the boat, have them walk the plank. It's can we manage them in a way or support them in a way to make them more successful? Uh, most of my clients choose that tactic rather than the eject button.
Cary (00:05:44) - Now, before you hire somebody you want to measure, are they who you need them to be? The data is very accurate. I actually have your data, and I got a couple people in your teams data as well to understand what objectives. Yep.
Josh (00:05:56) - Do I want to hear this? This is the first time I'm hearing this because I submitted, uh, thank you, by the way, for offering that. And, uh, okay, I'm an open book glasshouse. Whatever however you want to carry. What are you.
Cary (00:06:09) - Seeing? Let me tell you what I know about you based on the data. And I think it took you that the record shows me that it took you about six minutes to fill out a basic two question event that lets me understand through this predictive analytics toolset, um, who you are. And again, the words I'm going to use have meaning that might differ to me than they mean to you. So please feel free to challenge me. My job is not tell you who you, who you are and who you aren't, but let's see how accurate this can be.
Cary (00:06:35) - So the first thing I'll tell you is that when it comes to to being a sociable person, this is your greatest gift accomplishing things through and with people. Words that I would describe you. You are very friendly, talkative, sociable, optimistic, motivational, inspirational. You are all cheerleading and consensus building, getting people on board. That's just who you are. Even if you said, you know, I'm just going to sit here and keep my mouth shut and not talk to anybody. Can't help it. You love to talk. You love to get other people talking and sharing so you can understand who they are, what they're about, and how do you get people aligned to achieve a mutual goal? Any questions about what I've said so far?
Josh (00:07:15) - Um, yeah, that's pretty good. You know, it's so funny, even that little comment you made. There's times that my wife and I were like, we're going to like a get together, a party. And I'm like, ah, man, I am just not feeling it.
Josh (00:07:27) - And then I get there and and you know, as soon as it gets going, I'm like, ah, man, you know. And so I that's, that's your juice.
Cary (00:07:36) - You never you never want to leave the party.
Speaker 3 (00:07:39) - Yeah.
Josh (00:07:40) - Well yeah. No. What's interesting though and think about this for anyone who maybe heard that description and can identify with some of that, what here's what I do know is that when I'm in that social environment, I enjoy it like I'm in my groove and and it both invigorates me. But it also kind of wipes me out a little bit too, because I do like, I feel this pressure to be so present that sometimes that's just physically exhausting, like, it's like speaking. Right? So it's like you get on stage and it's like you get done speaking. And I think most of us just want to go lay down. At least I'll speak for myself anyway.
Cary (00:08:19) - Now, I'm not going to argue with you on that, but I want to explain something to you about one of the differences between what we're talking about measuring and how businesses utilize this to make money and understand who the people are, because ultimately, that's what this is all about.
Cary (00:08:31) - Um, some people are more driven by their sense of self, their autonomy, their desire to be the leader, to be in charge. Others are more desired by their need to perfect or get things accurate. And people who are wired the way you are or most desired to use and create that people glue. And so when it comes to the way I would expect you to predictably build an organization, first and foremost people glue is your non-negotiable requirement. Josh is willing to give up some points on the board, some push forward to get that people glue your big picture. Strategic vision is to get everybody going in the same direction, to then put points on the board, not let me shoot first and then ask for forgiveness and permission later. It's not about driving the results first, it's about getting everybody together. Once you know you have that, that's when I see Josh put on his. Let's push it forward and let's make sure everything is right. Um, and so some organizations, some positions, sometimes you need quality first.
Cary (00:09:43) - Sometimes you need people first, sometimes you need let's get the drive and we'll figure it out on the way to the market. You are a let's get people on board first. And so you are wired if I need a team builder, if I need to build an organization that has amazing cohesive value first, you are the guy. If we are building the highest technical product with the craziest and most absolute analytics. Okay, well, nope, that's not you.
Josh (00:10:14) - That's not Josh. No.
Cary (00:10:16) - Can you survive in that environment if you were in that role? Well, we're going to want to surround you with people who thrive in that. And they'll be the happiest group of QC programmers that you've ever met. Uh, because that's what you strive for. That's what you create. So if part of your company's core values is building cohesive teams and that's that's the first thing on the list. Josh is your guy.
Speaker 4 (00:10:41) - Hmm.
Josh (00:10:42) - Interesting. That is really cool. You know, and here's the value carry is, you know, when let's say as a leadership team, how valuable this could be if, you know, everybody understands like, for example, um, we don't have to, you know, go through, uh, poor Kimberly's results and publicly, uh, but I'll tell you, you shared some results with my kind of director of all of our pod coaches.
Josh (00:11:03) - And that was really, really valuable because there's going to be certain things, Carrie, like, when we know our people, you know, it can be really easy for us to be oblivious because we operate in the way that we want to do things. But that might be like nails on a blackboard for somebody else. Or again, it's, you know, it's kind of the, you know, understanding this kind of these strengths, weaknesses, sensitivities and, you know, so forth. You know, I might know or want to be sensitive to kind of maybe meet Kimberly in the middle or Elisa in the middle, or I'd say also to I'm just thinking of there's so many benefits here, right. Hiring, you know, it's like, well, if it's known that Josh is not a super analytical detail kind of person that loves to spend hours and hours and hours in the numbers, well, then Josh probably is going to want to have someone, you know, on his right hand side to be able to do that stuff absolutely.
Cary (00:12:00) - Well. And to your point, as leaders, we as leaders, you can't call yourself a leader if you turn around and nobody's following you. And so how do I get people as a leader in an organization to follow me? Well, the first thing is I do need to make sure I'm meeting each person where they are. If I go to the person who only cares about quality, okay, they care about everything being perfect, the absolute perfectionist. And I start talking about growth initiatives. They might say, well, you know, Cory only cares about growing. He only cares about pushing the ball forward. He only cares about points on the board. And what is actually translated from my mouth to their ears is kind of like the, um, the adult voice in the old peanuts cartoons 11111. They don't actually hear any of it. But if I go to that perfectionist, if I'm the leader of this perfectionist who's in charge of my QC and I explain to them, okay, I'm really interested and the quality of the delivery of our product, and I want your perspective is to how do we scale this organization in a way that maintains quality? Well, as soon as I said quality, what happened? Their ears perked up and they said, wait, hang on, we want to address quality first.
Cary (00:13:10) - Yes, I am so on board with scaling in this manner, but if I go in and just say I want to be in seven new markets and I. Want to do this. What are they thinking? I don't care about how we do it. I just want to get there. And so I need to address those things. But there's something magical that happens in that conversation by me taking that perspective, I'm not just getting them to hear me. I'm also seeing and valuing what they are concerned about, which starts to give me a slightly different perspective. More of a 360 view other than just my own vision. So by focusing on seeing the world through our other team members that we rely on to execute, it gives us a more well-rounded plan and a better chance at strategically executing on the top objectives of the company. Ultimately, this is a business process I don't do. I don't do personality profiling. I'm helping business leaders execute on their top strategic goals.
Josh (00:14:11) - Yeah. Kerry, let's talk briefly about the consequences of not paying attention to this as a leader.
Josh (00:14:18) - And then we'll kind of wrap it up here because I just want to because there might be someone listening and think, oh, that would be a nice to have kind of thing to kind of, well, I'll do personality tests and it'll be fun. Uh, so I want to light a fire under our friend who's listening to our conversation right now, and then let's give him a call to action so that they can maybe do a little bit of this work with you.
Cary (00:14:41) - Yeah. And for clarification, I want to say that, you know, you used the word personality test. I want to say.
Josh (00:14:45) - I did that and I hopefully I.
Cary (00:14:48) - This is about strategic execution. One of the tools, one of the tools we use is a measure of some business related traits that are is essential to understanding. But let's talk about what the taxes. If you ignore this, if you fight against it. The typical visionary okay, the prototype visionary leader has an unrealistic expectation about what they can achieve and what the people in the team can achieve.
Cary (00:15:12) - Okay, what they typically will do is try and always cram that circle into a square saying modify, behaviorally modify. And so we send someone out to do a task. In your case, if I say if I said, you know what, Josh, I gotta put you in charge of of ensuring that all of the numbers and all the forms were filled out perfectly. Okay. And it's going to be highly technical. Transposing of data, calculated formulas all day long puts you as a forensic accountant position, and that's your job. Well, there's only three things that can happen when I send somebody to do a job they're not wired to do. The first thing is, if I'm going to hold them accountable, they're going to be stressed out. And that doesn't equal fun for them. And as their manager, it's not fun for me either, because I'm always asking you to do something you don't want to do. And I keep weighing do I use the carrot or do I use the stick? Okay, because you're not intrinsically motivated to execute without my management, so you don't have good time, poor engagement.
Cary (00:16:12) - The second thing that can happen is you start to disengage in the position and let other people carry your bucket of water, which means you're stressing the other workers out and they're not doing there. Other people are having to do the work for the first person. You're double paying one person underpaying the other. The third thing is it just doesn't happen. There's a delivery gap. The company, it doesn't it's not achieved the goals and achieved. Or we have to start shrinking our goal to meet the best strength we have. Because ultimately, each company is perfectly designed to achieve the results that we're achieving. And so what I do is I help them look at that to see if we can't stack the deck, make it easier.
Josh (00:16:52) - Yeah, yeah. Carry. What does it usually look like when you begin that work with someone?
Cary (00:16:58) - So I'll be candid. This is not what I do isn't for everyone. And so what I will typically do is call it a I go out on a date, and that date looks like a team assessment.
Cary (00:17:07) - And I want to assess, uh, the team. It's not a very deep project. What happens is in the course of each team member spending about 8 to 10 minutes going through a basic assessment, me having a conversation with the CEO to understand the top goals. We can then have a data intensive conversation about whether or not that team is wired to meet the objectives. And as I'm going through and explaining the data and asking questions and learning about that company, it lets us both understand the company and me if this would be something that would be beneficial. And so in short order, um, I get to know if I want to go out on a second date with you and you with me. And that way we're figuring out is this is this a viable path? Uh, time is the most valuable commodity we all have. And the last thing I want to do is waste my time or someone else's with a program that maybe doesn't fit for them. So, um, assessing that it's the first step and whether or not we go forward, um, that's, uh, I always find it's a valuable use of my time, which is why I do that assessment typically for qualified companies that complementary because I want to find out is this going to be good for me to.
Cary (00:18:13) - Yeah. I'm selfish that way. Sorry.
Josh (00:18:16) - Yeah. Carry your website effective dash exec com when somebody goes there what would you recommend they do.
Cary (00:18:23) - You know what I think the best starting point is to do the self assessment, which I have that as part of the contact form you can go to. And I'll send you the assessment. I will schedule a 10 to 15 minute call. Let me tell you about the data that I have on you based on that and start to kind of, uh, paint a picture that we can understand. Would this be a good, viable. I do want to know. I'll say, don't be lazy. You got to have some set of goals and objectives about what your business is trying to achieve. If you don't have a set of plan that you've already, uh, started to formulate, whether it's using traction, using a vision traction organizer or a one page business plan, I'm having a clear understanding about where your company is going. Uh, mission values, goals.
Cary (00:19:05) - I want to have that first before I'm talking to you.
Josh (00:19:10) - All right, Carrie Frieden again. You solve people problems.
Cary (00:19:15) - Hey, I appreciate the time. Yeah.
Josh (00:19:17) - Effective exec comm. Thank you so much for joining us.
Cary (00:19:21) - Hey. Thanks, Josh. Thanks for being a good listener to it all.
Josh (00:19:29) - Thanks for listening to the Thoughtful Entrepreneur show. If you are a thoughtful business owner or professional who would like to be on this daily program, please visit up my influence common Guest. If you're a listener, I'd love to shout out your business to our whole audience for free. You can do that by leaving a review on Apple Podcasts or join our Listener Facebook group. Just search for the Thoughtful Entrepreneur and Facebook. I'd love, even if you just stopped by to say hi, I'd love to meet you. We believe that every person has a message that can positively impact the world. We love our community who listens and shares our program every day. Together, we are empowering one another as thoughtful entrepreneurs.
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