2596. Are you risk averse or do you accept risk?

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Interviewer

Can you tell me about a time when you had to take a risk and what was the outcome?

Skill Assessed
  • 1. Risk Assessment : Assessing the candidate's ability to evaluate risks and benefits.

  • 2. Decision Making : Understanding how the candidate makes choices under uncertain conditions.

  • 3. Problem Solving : Determining the candidate's approach to unforeseen challenges and risks.

  • 4. Self-Awareness : Gauging the candidate's awareness of their own risk tolerance and how it affects their work.

Purpose
  • 1. Assessment of Risk Tolerance : Identifying if the candidate's level of comfort with risk aligns with the company's culture and the demands of the role.

  • 2. Prediction of Behavior : Predicting how the candidate might behave in situations involving risk at work.

  • 3. Understanding of Past Experience : Learning from the candidate's previous experience with risk to forecast their future actions.

  • 4. Evaluation of Impact on Team Dynamics : Considering how the candidate's risk profile might affect team interactions and decision-making processes.


Hints
  • 1. Reflect on past experiences : Think of real examples from your past where you have either taken risks or played it safe, and what you've learned from those experiences.

  • 2. Consider your role : Have an awareness of the role you're interviewing for and how risk tolerance might be a factor in your job performance.

  • 3. Understand risk-reward balance : Be prepared to discuss how you weigh the potential risks against the possible benefits in different situations.

Tags
Topics: 
Problem Solving
Pressure Management
Roles: 
Intern
Companies: 
IBM
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