Siemens Finance Excellence Program Mock Interview
Practice 40 Siemens Finance Excellence Program interview questions covering financial analysis, SAP systems, and rotational program expectations.
Question 24 of 40
Discuss a time you made a big mistake and explain your approach to finding a solution.
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Kevin Downey has an extensive background in business management, recruiting, branding and marketing. He's volunteered his career coaching services at job fairs, lecturing on interview techniques and crafting winning resumes and cover letters.
Whomever they choose for the Finance Excellence Program will be groomed for a high-level leadership position at one of their companies in Finance or Business Science. They want to make sure the candidate has a strong sense of self-accountability, and the ability to take ownership of their mistakes and exhibit the ability to learn and grow from those setbacks. Making mistakes is human. How we deal with and remedy a mistake comes down to exercising good judgment and knowing when asking for help is appropriate. Many times, a person might feel fear of being judged for a mistake they've made. How they confront their fear, and the situation, is the true test of their character.
Kevin Downey has an extensive background in business management, recruiting, branding and marketing. He's volunteered his career coaching services at job fairs, lecturing on interview techniques and crafting winning resumes and cover letters.
When you provide your example, explain the reasons behind your course of action. If you tried to fix the mistake before bringing it to the attention of your superiors, explain why. In this scenario, a good reason would be to not distract your others from important matters they were dealing with, and it was simpler and less exhaustive for you to fix the mistake yourself. If you brought the mistake to their attention, explain that it would've cost them more to have you fix it, whereas the issue could be solved by a superior in a matter of minutes.
Kevin Downey has an extensive background in business management, recruiting, branding and marketing. He's volunteered his career coaching services at job fairs, lecturing on interview techniques and crafting winning resumes and cover letters.
At Siemens, they state that ownership is important at every stage of your career. They aim to provide colorful impulses for self-awareness and growth and continuous development. They'll provide high levels of responsibility for complex tasks in day-to-day business and project work in international teams from day one.
Kevin Downey has an extensive background in business management, recruiting, branding and marketing. He's volunteered his career coaching services at job fairs, lecturing on interview techniques and crafting winning resumes and cover letters.
"Any time I make a mistake, which is fewer and fewer with each experience, I try to correct it immediately on my own and evaluate the most effective and cost-reductive route. On one hand, I want to protect assets. On the other, I don't want to burden my superiors with my mistake, distracting them from their priorities. So I look at it from a task management perspective. I determine the wisest course of action and proceed accordingly. Let me tell you about the last time I had to put this into practice."
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