Amazon Business Specialists drive excellence by reducing costs. Talk about a time when you used innovative thinking to reduce costs, save money, or improved profitability.
Amazon's 10th Leadership Principle is 'Frugality.' This principle states, 'Accomplish more with less. Constraints breed resourcefulness, self-sufficiency, and invention. There are no extra points for growing headcount, budget size, or fixed expense.'
As per Amazon's job description, part of the Brand Specialist's role is to drive operational excellence by reducing costs. It is essential to Amazon that you can embrace frugality. This could include finding new ways to save company resources or clients' funds. Frugality could mean getting more out of less when managing a project with a set budget. It could also mean working well with limited budgets or resources.
This question requires some storytelling! Think of a real-life example of a time when you embodied the Leadership Principle of Frugality. Amazon asks that when you answer behavioral interview questions, you try to follow the STAR answer method. STAR is an acronym for Situation, Task, Action, Result.
- Situation: Provide the contextual information the interviewer needs to know to make sense of your story.
- Task: Continuing to set the stage, give the interviewer an idea of your role and responsibilities in this story.
- Action: Next, offer a detailed description of the steps you took in this story.
- Result: Last, talk about the specific, measurable outcomes that resulted from your actions.
If you have work experience, it's best to provide an example from your professional life. If you are new to your career, consider an example from your post-secondary education, a team sport, volunteer commitment, or a club-based activity.
"(Situation) I am a recent graduate, fresh out of university with my 4-year business degree. Frugality is one reason why I could study full time, work part-time, and graduate with minimal student loan debt! Before attending school, I met with my friends' parent, who is a financial planner. She helped me arrange a realistic budget for my time in school. We worked out what I could afford after my wages came in and my bills went out. This plan helped me understand what it meant to live within my means and spend only what had been budgeted. I track my budget in an app called Mint, and it helps me reach my financial goals while also saving money by tracking my spending, including subscription monitoring. Most people my age, leaving home for the first time and getting their first significant sense of independence, would not approach their finances this way. I fully believe that frugality is not about being 'cheap' but about understanding and respecting the value of money. Being frugal is a responsible trait, and I will eagerly emulate this quality and principle as an Amazon Brand Specialist."
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