Question: Describe a time when you adapted your work or project in order to achieve higher profitability for your company.

Alternative Question Phrasing:

Describe a situation where you changed your approach, which led to higher profitability for the company.

Follow-up questions:

Question Details:

Question Type:

Behavioral

Skills:

Basic – Critical Thinking,Basic – Science and Logic,Management of Financial Resources

Abilities:

Cognitive – Deductive Reasoning,Cognitive – Inductive Reasoning,Cognitive – Originality,Cognitive – Perceptual Speed,Cognitive – Speed of Closure (Thinking Speed)

Other Factors:

Candidate Preparedness,Personality-Job Fit,Personality-Organization Fit,Self-Awareness

Work Activity (Task):

Information Input – Identifying Objects, Actions, and Events,Information Input – Monitor Processes, Materials, or Surroundings,Interacting with Others – Monitoring and Controlling Resources,Mental Processes – Developing Objectives and Strategies,Mental Processes – Judging the Value of Things, Services, or People,Mental Processes – Organizing, Planning, and Prioritizing Work,Work Output – Process Management

Work Context (Person-Job/Team/Org Fit):

Interpersonal Relationships – Responsibility for Outcomes and Results of Others,Job Structure – Level of Responsibility (Impact of Decisions on Co-workers or Organization Results),Job Structure – Structured versus Unstructured Work

Work Style (Person-Job Fit):

Adaptability/Flexibility,Analytical Thinking,Attention to Detail,Handling Ambiguity,Stress Tolerance

Question Frequency

Question Difficulty

What to look for in an answer:

You are looking for the candidate’s adaptability and flexibility to quickly toggle between the tasks.
If the candidate sounds confident about how well they adapted to changes to bring a favorable end result.
If the candidate mentions about their prioritization, planning and executing new tasks.

Red Flags to Watch For:

If the candidate’s experience is unrelated to the industry and job role they have applied for.
If the candidate was never a part of the project which was directly not connected to company’s profitability.

Sample Answer:

N/A

Question Source: https://www.totaljobs.com/advice/most-common-competency-based-interview-questions