Learn how Karma Ventures uses Wisnio to better understand team dynamics and build a stronger leadership team.
Research has shown that people who are similar in values and diverse in everything else build a trusting relationship where conflict is easy to bear.
The challenge comes in reliably checking value alignment along with the "everything else" part. There certainly are different tests and assessments that look into personality, values, or competencies assessments. Still, the problem is that they are not designed or compatible with one another and thus are difficult to draw any wider conclusions.
Team-fit and creating synergy and agility between team members are especially important in smaller teams (as most VCs are).
To overcome these challenges, Karma chose Wisnio's suite of decision tools to analyse teams and help with minimising bias and make better-informed hiring decisions through data and talent analytics.
"The ability to identify real team values and check that the team is on the same page with those is of utmost importance to us. Wisnio helps us see on a factual basis who best fits our team in the long run."
Initially, Karma used Wisnio to get a better understanding of their team using Wisnio Team Profiles. For that, each member went through an online assessment (~20 minutes) and got their Personal Profiles and a combined Team Profile based on the assessment results that showcased their values, personality, and competencies.
"We have worked together enough time to understand who is who, but the Wisnio Profiles help us to better accept and understand each other's strengths and areas where we complement each other."
When analysing the Team Profile, it became evident that although Karma had a team that worked well together, some personality traits and competencies were lacking, and so they used the Wisnio Hiring Dashboard to fill those gaps.
Additionally, the Team Profile proved to be a great starting point for a data-based onboarding process for new hires. New employees could get up to speed faster in how they fit into the team and what unique value they could bring.
Going forward, when constraints allow it, Karma plans on using team analysis and Team Profiles with all its portfolio companies.
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