Insights

Evaluating Leadership Using PACE for Teams

Team complementarity, creating a team greater than the sum of its parts, happens when physical and behavioural attributes are aligned whilst focusing on achieving a significant objective.

We developed our PACE behavioural evaluation in collaboration with leading academics and the private equity industry to identify the key behaviours found amongst the best leadership teams in private equity backed businesses.

We evaluate and develop leadership teams' behavioural complementarity to enhance the impact of their experience and skills on the performance of the business.

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Why Personalities are Static and Behaviours are Dynamic

PACE provides a behavioural evaluation of the individual as well as the team. Behaviour is dynamic and can change depending on the people you are working with, the current challenges within the business, and the functional responsibilities of your role.

The construct of teams is based on a fragile model: it assumes the person in the role has the right behavioural fit and can get the most out of themselves, as well as others. The model is fragile because behaviour is based on an input stimulus that can’t be controlled, and if the input isn’t right, the output is unlikely to be right.

Whilst no team will have the perfect leadership behavioural balance, the behavioural balance the team does have must be effective in helping them achieve their mission.

FOR REAL...

  • Behaviours are tangible and measurable, and should be measured as part of a team. Evaluating their ability to have impact and impose themselves on the opportunity even when things become tough is important for value creation.

  • Thinking differently, having different thresholds in risk, resilience and executing the job at hand, is not guaranteed. Cognitive diversity is essential to sustained performance.

  • Complementarity is engineering differences so the sum becomes greater than the parts.

  • Skills, knowledge and experience can all be developed but finding the talent within your company today who possess the right behaviours presents a material opportunity for all.

  • You don't have to leave behavioural complementarity to chance.

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FOR REAL...

What is PACE for Teams?

PACE for Teams is behavioural analytics designed to optimise team dynamics and performance. It emphasises team complementarity, which refers to the ability of team members to complement each other's strengths and weaknesses. Additionally, it focuses on behavioural complementarity, which highlights the importance of diverse behaviours and personalities within the team. Furthermore, team cognitive diversity plays a pivotal role in PACE for Teams, as it involves harnessing the unique perspectives, knowledge, and problem-solving approaches of team members.

The program uses a data-driven approach to evaluate the dynamics within a team, ensuring that team members have complementary skills, behavioural traits, and cognitive capabilities. By optimizing these elements, PACE for Teams aims to elevate team performance, foster collaboration, and build a strong team culture.

Building a Strong Team Culture with PACE for Teams

1. Leveraging Team Complementarity: PACE for Teams identifies the strengths and weaknesses of individual team members and aligns them strategically to create a cohesive unit. When team members complement each other's skill sets, they can cover a wider range of tasks effectively, leading to increased productivity and efficiency.

2. Embracing Behavioural Complementarity: A diverse range of behavioural traits within a team can lead to a healthy exchange of ideas and perspectives. PACE for Teams encourages team members to appreciate and understand different working styles, fostering a positive and inclusive team culture.

3. Emphasising Team Cognitive Diversity: Teams that embrace cognitive diversity tend to be more innovative and adaptable. PACE for Teams ensures that teams benefit from a wealth of knowledge, problem-solving abilities, and creative thinking, enabling them to tackle complex challenges with ease.

4. Enhancing Team Communication: PACE for Teams also focuses on improving communication within the team. By understanding each team member's communication preferences and styles, the program facilitates more effective and open dialogue, leading to better collaboration and decision-making.

Fostering Team Complementarity and Building Strong Team Cultures

The success of an organisation often hinges on the effectiveness of its teams. A high-performing team leverages team complementarity, behavioural complementarity, and team cognitive diversity to create a strong team culture. Drax Executive recognises the importance of team dynamics and has developed PACE for Teams.

PACE identifies the key behaviours observed in high-performing leadership teams. PACE was developed in collaboration with leading academics and private equity data to create the only behavioural assessment tool that objectively measures leaders and leadership teams in private equity and high-growth businesses. In this blog post, we will discuss the essence of PACE for Teams, its role in developing strong team cultures, and how Drax plays a critical role in this process.

Fostering Team Complementarity and Building Strong Team Cultures

Drax's Role within PACE for Teams

Drax understands that developing high-performing teams requires more than just individual abilities; it also requires the creation of synergies and the blending of diverse talents.

Drax's team thoroughly analyses team dynamics using advanced assessments and innovative methodologies. They identify team complementarity, behavioural complementarity, and cognitive diversity to gain a thorough understanding of each team's unique potential. Drax uses these insights to provide valuable guidance and support to organisations to help them optimise their team structures and create a strong team culture.

By harnessing the unique strengths of each team member and fostering a culture of appreciation for diverse behaviours and cognitive abilities, PACE for Teams empowers organisations to build high-performing teams that drive innovation and success. With Drax's expertise and commitment to excellence, businesses can unlock the full potential of their teams and create a future-ready organisation.

Frequently Asked Questions

Got a question? Take a look at our FAQs below.

What is DRAX’s Team Profiling Solution?
What is PACE?
Why has our PACE logo have an upside-down A?
Should clients care about who they appoint as a leadership advisor?
Does data really add value?

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If you’re seeking ways to invest in leadership teams, or require the expertise, guidance and support of a strategic-led implementation partner, then contact us today.

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