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IHS Interview
Questions

30 Questions and Answers by
| Rachelle is a job search expert, career coach, and headhunter
who helps everyone from students to fortune executives find success in their career.

Question 1 of 30

What is your favorite data management tool at the moment?

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IHS Interview Questions

  1. 1.

    What is your favorite data management tool at the moment?

      This question offers an excellent opportunity for you to discuss the tools that you use in the workplace, and also to learn about new tools of which you may not be aware. Discuss which data management tools are your favorite at this time and if you are comfortable, as the interviewer about theirs in return.

      Rachelle's Answer

      "There are many amazing tools available for data management, and new options coming out all the time. Right now, I appreciate Power BI from Microsoft. It is a powerful business analytics service, and I love the interactive visualizations and intelligence capabilities. I love to learn about new choices in data management tools. Could you share with me your current favorite?"

      Rachelle's Answer

      "Collibra is a tool that I currently use daily and one that has made my job significantly easier in many aspects. The tool is related more to data governance, allowing me to access and control data in a way I never thought possible. Are you familiar with the program? I would be happy to hear of any other recommendations you have as well."

  2. 2.

    How do you stay organized and on track when working on a long-term project?

      Working for IHS Markit will require an innate ability to manage projects from conception to final implementation. Your interviewer will be looking to hear that you have the ability to remain organized to meet deadlines and customer expectations. Talk about your methods for organizing project work and give any examples that you have of your methods being successful. In the consulting and advisory industry, customer satisfaction and word of mouth are integral to the success and growth of a business and effective project management is vital in this satisfaction.

      Rachelle's Answer

      "I pride myself on my ability to multitask and my ability to stay organized in key in multitasking. For me, proper organization starts with using technology to my advantage, and I do this through the use of my Outlook calendar and tasks functions. I take time each day to update my tasks and project work and use my ability to prioritize tasks, ensuring proper focus. In looking to bring these skills to long-term project work with your clients, staying organized and on the task will be extremely important for the success of both IHS Markit and your clients."

      Rachelle's Answer

      "In my work, the ability to stay organized and on track comes down to having a plan of attack for each project and keeping track of the plan as we achieve milestones. If you are familiar with the program Trello, it helps me organize all of the components of the projects that I work on and give me the ability to track who is doing what, what deadlines are coming and what milestones we achieve. But even with a great program like this, I can re-prioritize due dates and new tasks as needed with any project."

  3. 3.

    What interests you in joining the business consulting world here at IHS Markit?

      It is imperative to do your research on the organization and the position you are interviewing for so you can match your skills and desires to the job. Be sure that you also speak to the potential move to a consultative type role if this will be the first time for you with a consulting organization. Be sure to highlight the qualities that make you an ideal fit for the job.

      Rachelle's Answer

      "At this point in my career, I have maxed out my capabilities in my current role. Over the past two or three years, I've found so much fulfillment in my work when I've been helping others and providing education to them that I've narrowed my job search down to the data consulting field. The prospect of helping other companies grow and become more efficient under my consultation is an adventure that I would love to embark on here at IHS Markit!"

      Rachelle's Answer

      "As I've grown in my role in the Training & Education department with my current employer, I've gravitated toward leadership development and succession planning with my organization, and I'd like to bring these skills to work here at IHS Markit as this position fits right in that mold. Using my experience and knowledge, you'll quickly find that I have a great ability to work alongside and train the top level executives with your clients in a manner that is professional and effective at the same time. My experiences in both automotive and energy sound like they'd fit well with your client base as well."

  4. 4.

    Walk me through your experience in databases, predictive modeling, and business intelligence. In which of these areas are you best versed?

      Depending on the role you are targeting with IHS Markit, be prepared to discuss your specialty. Ideally, you will have experience in more than one area. Discuss which fields of data analysis you bring the most experience. Remember, this question is an opportunity for you to convince the interviewer that hiring you would be the best choice. Show confidence!

      Rachelle's Answer

      "Of all three categories, I am most experienced in business intelligence; although I do have a full understanding of predictive modeling also. My specialty is in BI which drew me to your job posting, requesting this type of focus. I have eight years' experience as a BI specialist, training others in the field, and working in a client-facing role for the bulk of those years."

      Rachelle's Answer

      "Hands down, predictive modeling is my specialty. I was excited to see that IHS Markit was seeking someone with expertise in this area. I am passionate when it comes to using statistics to predict outcomes, and I especially enjoy teaching my clients how to analyze data for this purpose."

  5. 5.

    What is pervasive business intelligence, and what does it mean to you?

      Pervasive business intelligence, or Pervasive BI as it's often referred to, is a business' practice of empowering employees by allowing open access to information, and essential responsibilities around decision making. This practice is known to generate beneficial results for companies and also supports a positive company culture. IHS Markit knows that by making it easy for you to find information, the better you will be able to do your job. Talk about the term Pervasive BI, and what it means to you.

      Rachelle's Answer

      "To me, pervasive business intelligence means that information is widely spread through a group of employees, allowing them to have access to business data and intelligence, freely. I believe that PBI is an excellent practice as it fosters a positive workplace culture and helps employees to feel empowered."

      Rachelle's Answer

      "I was recently reading an article on pervasive business intelligence, where a popular survey showed that over 80% of senior employees and leaders wanted data and business information to be more accessible to them, in the workplace. The concept may be a new conversation to many, but it's an important one."

  6. 6.

    What questions do you have for me?

      It's always a great idea to have questions ready for the interviewer. Review the IHS Markit website and other online resources to ensure the queries you have are not mundane, or redundant. The last thing an interviewer wants to hear is a list of items you could have found the answers for from merely watching a video on their company site!

      Here are some sample questions:

      - When would you like to have this position filled?
      - How long has this role been vacant?
      - Is this a replacement search or a newly created role?
      - What is your favorite part about working for IHS Markit?
      - What is IHS Markit's primary goal for this position in the next 12 months?
      - Is there anything from my background and experience that I can clarify for you?
      - What do you see as the most significant change in the data industry over the past three years?
      - Is there any reason why you would not hire me?

      Rachelle's Answer

      "Thank you for asking! A couple of questions come to mind. What do you see as the biggest challenge IHS Markit will be facing in the next 12 months? Also, what is your employee turnover rate, and could you tell me a bit about the retention plan you currently have in place?"

      Rachelle's Answer

      "I would like to ask if there is anything in my background on which you need clarification? Also, after discussing everything today, is there any particular reason why I would not be the best fit for this role?"

  7. 7.

    In your opinion, is data a true asset for a business. Why or why not?

      Many companies still struggle with the idea that their data is a real asset when it comes to their business. The interviewer would like to know that, if a client asked you about the importance of their data, that you would give a well-thought-out and appropriate response. Share with the interviewer why data is indeed an asset.

      Rachelle's Answer

      "Since acquiring data comes with a significant cost, I believe it is fair to say then that data is an asset. Data can give valuable insight into a company's operations, financial strength, future scalability, and more. By properly analyzing data, a company can open itself to millions in growth. For these reasons, I consider data to be a true business asset."

      Rachelle's Answer

      "It is interesting to me that this idea is still in question with some of the clients with which I work. I recently read a study claiming that 36% of businesses lack the tools needed to extract and analyze the information and data that they have. When a client asks me if their data is valuable, I always reply with a hearty 'yes!' It is expensive to gather data, but also more costly to never analyze your data."

  8. 8.

    Besides compensation, what do you value the most in the workplace?

      Financial compensation aside, the interviewer would like to know what is most important to you when looking for a new job. Your answer will show the interviewer some direction when they are ready to make you an offer of employment. You can talk about health benefits, work-life balance, workplace culture, growth, or even continued education opportunities. The sky is the limit!

      Rachelle's Answer

      "I am most interested in working for a company that has a great workplace culture, with a small amount of turnover. As a manager, I like to get to know my team, nurture them, and keep them going for the long term."

      Rachelle's Answer

      "What I value most in the workplace are growth opportunities. I am missing this in my current role and very much look forward to working with a company who will provide me with bigger moves as I prove myself."

  9. 9.

    Do you have experience with big data tools for machine learning such as Apache Spark?

      Apache Spark is an analytics engine for big data processing. The interviewer is interested in learning more about your exposure to tools for machine learning. Talk about the tools and systems in which you bring experience. If you are aware of the tools used at IHS Markit, then focus on your exposure to those. If you are unsure of the tools that IHS Markit uses, you can take this time to ask.

      Rachelle's Answer

      "I have experience with Apache Spark, and consider myself an intermediate user in this particular tool. I also have about five years' experience with Caffe, which is a deep learning framework. Could you share with me the tools you use most often at IHS Markit?"

      Rachelle's Answer

      "I am newer to the industry but am somewhat familiar with a couple of Apache products including Spark, Mahout, and SINGA. I am interested in learning more about the tools you use for collecting and organizing big data. Which tools are most often used here at IHS Markit?"

  10. 10.

    Being successful in the consulting industry requires adaptability and the ability to learn a business fast. What is your approach to learning the ins and outs of a new client?

      IHS Markit consults in different industries, and it is likely that your job would require you to learn the fine details of each client. Demonstrate your ability to be flexible by giving examples of times you've had to do this during your career. As well, describe the approach that you would take to get the know the businesses you would be working with, so you can apply your knowledge and expertise toward helping them.

      Rachelle's Answer

      "I've been in corporate training and education for over ten years. In my current role, I have used similar techniques working with different departments to try and tailor programs that meet their specific needs. I feel that my current approach of hosting an intake meeting with leaders would be effective in a consulting role with external customers. The current intake meetings that I lead are an opportunity for me to ask questions and learn as much as I can about my customers. In turn, it is an opportunity for me to lay the groundwork for the project and set expectations. Do you see this as an effective approach for this role?"

      Rachelle's Answer

      "Having worked in quality roles for most of my career in both the private and public sectors, my career experiences have shaped me well for this role. Transitioning to a consultative role would be a positive transition for me and the biggest transition will be this need to work in many different industries. For me, researching clients, their business and their industry will be the first step to my approach in learning about them. I want to make a great first impression when I am face to face with a new client, and that first impression starts with my knowledge. Then, my openness and ability to communicate would take over when I am working directly with clients. I know the right questions to ask for laying out quality initiative projects and I know the right things to educate clients on."

  11. 11.

    If you were to join IHS Markit in this role, you would be counted on to lead projects. Talk about a time you had to lead a team of individuals. What leadership skills will you bring to us?

      The ability to lead others in project work comes down to the fine details and traits of being a great leader. The experience you have can come from many different areas and can include project management, supervising, managing or even mentoring others. When you answer this question, be sure to demonstrate your ability to communicate effectively, bring unity, lead by example, empower and teach others. Talk about how you will use these skills if hired at IHS Markit.

      Rachelle's Answer

      "In my current role, I've been asked on numerous occasions to lead finance projects for my organization, and I always do so with an open mind. On a recent project, I pulled together a team that included members of sales, production and upper management. To make this project successful, it was up to me to know each team member's area of expertise and delegate tasks based on their knowledge. A great part of the team's success was due to my ability to lead in a manner that promoted communication among individuals who never had the chance to work together. I accomplished this through fun ice-breaking activities with the team and regular email communications outside of our in-person meetings."

      Rachelle's Answer

      "I have extensive experience as a Sales Manager and Director, and I know that the skills I honed in these roles will transfer nicely to this position. Leading teams is best accomplished when I am leading by example and walking the talk. I've also developed great skills in mentoring and coaching my staff, and I've been commended on these skills by both sales leadership peers and my team. In this role, I will bring this same approach when working with clients."

  12. 12.

    How do you prevent data leakage?

      Data leakage occurs when an organizations' data is leaked out in a way they did not authorize. This situation can happen through leakage of printed materials, emails, or lost company laptops or physical files. IHS Markit will have rules in place when it comes to the use of their clients' sensitive or confidential information, and the interviewer wants to know that you understand which steps to take to prevent a data vulnerability.

      A few ways that a consultancy can prevent data leakage include:

      - Having a clear security policy for all employees to abide by
      - Possessing the best software and technology related to security
      - Ensuring that employees keep business and personal passwords separate
      - Educating employees on potential vulnerabilities and possible data and cyber attacks

      Rachelle's Answer

      "We prevent data leakage through employee education, training, and then the reinforcement of rules when it comes to security policies. I recently read that research from Cisco showed that over 60% of employees use a work computer for personal use. As simple as it is, this practice alone can create a security issue. I believe that data security issues often start with unclear employee practices."

      Rachelle's Answer

      "There are many ways to prevent data leakage; however, in my opinion, it all begins with having the right software and technology. Every company should have a data protection solution such as an ERM that goes far beyond a firewall or simple network monitoring."

  13. 13.

    Would you say that you are a goal oriented person on the job? Why would you say that?

      Success in business consulting often comes from measuring how you have achieved your clients' goals. Your interviewer is looking to hear the fact that goals drive you and that you can set them as well. In your answer, give your interviewer the sense that you are goal oriented by providing an example or two of a time where you set and worked towards a goal as part of a team effort. Explain your role in the achievement of the goals and your ability to stay focused on the result.

      Rachelle's Answer

      "If hired for this position, one of the first things that you'll learn about me is that I am very driven to succeed in all that I do on the job. For me, personal drive centers around goals and my desire to achieve them. I have the focus to set goals myself and to work towards goals that are set by my organization, my leaders or my customers and I would bring this ability with each client that I work with here at IHS Markit."

      Rachelle's Answer

      "I am goal oriented in the work that I do daily. In project management, I work off of both time-related goals and production related goals, and these drive my daily tasks and my delegation of responsibilities to other team members. If given the opportunity to come work for IHS Markit, my clients would greatly benefit from my ability to both set and achieve goals with them."

  14. 14.

    Help me understand your standards for success in your last job. Please describe what you did to attain those standards, and if you fell short of expectations, what did you do to remedy the problem?

      If you look at companies of all sizes, you'll find different types of standards for each one of them. A smaller company's norms might differ from a larger one, based on processes, management, and overall operations. The hiring manager, in this case, would like to hear if you value standards and if you are involved in setting standards or following them.

      Ideally, you want to explain that you have involvement with both. Start with some basic facts about the standards you have set, and how you have garnered support from leadership and have successfully maintained those standards over a long period.

      It's also important to talk about times you had challenges maintaining standards, and how you were able to remedy issues that came up and regain the support of your teams. This answer shows the interviewer your human side because everyone falls short of expectations at some point. What the interviewer will be paying the most attention to is what you did to remedy the problem.

      Rachelle's Answer

      "There are standards that I follow which have made me successful. I start by putting together a winning team. The way that I select a team is I look for winning attitudes, and quality attributes that fit within our team dynamics. Each team member must possess a willingness to learn from failures, and the eagerness to practice and improve even under challenging deadlines. Each person on my team has to accept ownership of their role and be accountable for their work. Lastly, every person on my team has to be respectful to each other."

      Rachelle's Answer

      "When it comes to standards, there are many ways to measure success. For me, customer satisfaction is a primary measurable metric. It's my job to figure out what the client is looking for to ensure complete satisfaction. I admit, client satisfaction isn't always easy to measure, but once you develop a system that allows them to measure success, you will have a better idea of how to meet their needs. This approach is one that I developed and use with all my customers. In rare cases where I fall short of my client's expectations, I always examine where things went wrong, and implement a change to immediately right the ship. It could be several things like budget, bureaucracy, unrealistic timelines, etc. I document all project cases, so I prevent failures in the future."

  15. 15.

    In what ways would our clients here at IHS Markit benefit from your knowledge and services?

      This question is your chance to talk about the unique skills and knowledge that you would bring to IHS Markit. Keep your focus centered on how clients of the organization will benefit from the talent that you bring. IHS Markit is client focused in all that they do. Be sure to do your research on the clients at IHS Markit and think about how your experience will be beneficial for them.

      Rachelle's Answer

      "I have extensive experience in risk management in the automotive industry. Having worked with some major players in the industry such as Mercedes and BMW, your automotive clients would benefit the most from the experience and solutions I could help provide them. Not to leave other industries out, I think my experience in the aerospace realm will also translate nicely to your clients in other areas of the private sector."

      Rachelle's Answer

      "Having worked in data in a few different industries during my career to this point, I also have the unique experience of creating new organizational policies and procedures in my current role. In hearing more about this role with IHS Markit, I think this experience would be very beneficial for your clients as I would be helping advise them in their practices and creating new policy would be crucial in that process."

  16. 16.

    An often difficult part about working for IHS Markit and our clients is the need to be fluent and adaptable to the cultures of our clients. Why would you say that you'd be able to handle this aspect of the job with ease?

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  17. 17.

    Talk about a time that you successfully educated another individual or group in your area of expertise. What made your educational experience effective?

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  18. 18.

    When we work with our clients here at IHS Markit, an essential part of receiving buy-in from them comes from business diagrams and charts. What experience do you have in creating and presenting business diagrams and charts?

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  19. 19.

    Great data visualization will present data in a convincing way. How do you improve human perception when presenting data?

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  20. 20.

    Tell me about a time where you made an excellent recommendation that you think would have significantly benefited your client, but they didn't like it. What approach did you take to convince them?

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  21. 21.

    Our clients have high expectations for our work. Tell me about a time you worked with challenging time constraints but were still able to exceed client expectations.

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  22. 22.

    What is your approach to working with a large amount of information/data?

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  23. 23.

    What tools and programs are you comfortable and experienced working on that would help you in this role with IHS Markit?

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  24. 24.

    How does data drive a business' success?

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  25. 25.

    Part of our business is in big data, which is continuously changing as new technology and products enter the market. How do you keep up-to-date on these changes?

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  26. 26.

    Your customer wants you to explain the benefits of the Big Data model you developed, how do you communicate the insights they can use for their business?

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  27. 27.

    We're a company of innovative thinkers; we rely upon our innovative thinking to solve client problems. Tell me about a time when you came up with a breakthrough idea that was not obvious to others. Describe your idea and how you developed it.

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  28. 28.

    We offer services in areas such as asset optimization, customer experience, finance transformation, and risk mitigation. In which field of data management do you specialize?

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  29. 29.

    Being successful in consulting and working here at IHS Markit requires the ability to work effectively with Type A personalities. What are your experiences in working with this personality and how did you make the relationships a success?

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  30. 30.

    At IHS Markit, you will have the opportunity to work with our clients' high-level executives and leaders. What experience do you have in working with people at these levels?

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