Why This and Why Now?
Elan has spent his entire career focused on evaluating and selecting Executive-Suite and Board talent, assessing talent and advising business leadership at the most senior levels of corporations. It’s possible that no arena of business demonstrates the inadequacy of human judgement more powerfully than the assessment of talent.
Throughout his career, Elan became frustrated with an evaluation process that is often based not on objective data but on informal interviews, references and 360s. Most critically we mistake having done it before in one set of circumstances with being able to do it again in a different set of circumstances. Despite monumental stakes—and countless tools, tests, and experts— we consistently get it wrong. Executive hires and promotions fail 50% of the time. The net result of this methodology for companies has been the huge cost of failed searches and promotions, leadership turnover, and the loss of internal up and coming and diverse talent that was not identified and developed.
System-3 was born with the goal of more accurately predicting the success of current and emerging talent. We accomplish this by focusing on measuring the unbiased, core leadership competencies required in today's and tomorrow’s world and the capacity to apply them. By enabling organizations to more accurately identify, assess and nurture talent, System-3 helps create highly effective teams and successful people.
Seasoned entrepreneur; former managing partner at Caldwell Canada and Korn Ferry
Healthcare entrepreneur and lawyer; former legal counsel and policy advisor for Province of Ontario
I-O psychology expert; former co-founder and head of research at Nugget.ai
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Talent, tech & human capital advisor with prior experience in PE, start-ups & Fortune 500's
I-O psychology expert with a background in behavioural science research and consulting
Former Strategy lead at Constellation Software; ex-MBB
I-O psychology expert dedicated to transforming data analytics into actionable client insights
Operations expert with executive search background, excelling in streamlining processes and driving organizational efficiency
Former CTO of AltaML, a venture-funded AI startup
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FAQs
Unlike traditional assessments System-3 objectively predicts leadership performance and behaviours. System-3’s simulation-based leadership assessment evaluates complex decision-making in response to real-world, executive business challenges – measures that can’t be derived from personality assessments and are far more significant for understanding if a leader will succeed in your organization. In addition, the System-3 immersive technology is faster, more scalable and cost-effective than other assessments.
Scientific studies confirm that video-based simulations are the most effective method of talent evaluation. Simulation-based assessments have a stronger correlation to job performance and demonstrate greater predictive validity when compared to other tests. The System-3 Leadership Simulation is also more engaging, and delivers a superior candidate experience compared to traditional assessments.
As a software-based technology, System-3’s Leadership Simulation can be deployed efficiently across organizations. We help our clients realize immediate impact in the most important areas of your human capital strategy, including succession planning, talent selection and evaluation, team dynamics and talent development.
The System-3 Leadership Simulation is relevant and predictive for leadership roles across all industries and sectors, measuring the critical leadership competencies for executive success.
The System-3 Leadership Simulation measures the essential leadership competencies for executive success. All the competencies are predictive of leadership performance, linked to leadership KPIs and thoroughly screened for bias. Extensive review of the top 500 leading and current scientific studies has been validated through a series of rigorous validity and reliability studies and continues to be monitored on an ongoing basis for validity, reliability and bias. An advisory committee of diverse and accomplished leaders provided guidance to help ensure accuracy and mitigation of bias.
System-3's Leadership Simulation measures how emerging or existing leaders deploy core leadership competencies in complex decision-making. Situational judgement tests rank responses to real-life executive challenges, capturing the underlying trade-offs more closely resembling actual executive decision-making, and offering stronger predictive validity and a better understanding of leadership performance critical to driving high-impact human capital decisions and mitigating risk.
The S-3 Benchmark™ is a unique, proprietary benchmark of leadership performance derived from the aggregate performance of current, accomplished and diverse executive leaders from a range of diverse industries, roles and backgrounds, who have met rigorous criteria for exceptional performance and career success. The S-3 Benchmark™ also serves as the foundation for customizing benchmarks to gain even deeper insights into organizational leadership performance.
The System-3 Leadership Simulation reports yield deep insights into decision-making processes, leadership style, and potential, empowering individuals with a highly constructive basis for personal and career development through personal reflection, mentorship and coaching. These insights can be readily translated into actionable and impactful development strategies.