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Wayfair Mock Interview

Question 32 of 40 for our Wayfair Mock Interview

Wayfair was updated by on June 23rd, 2023. Learn more here.

Question 32 of 40

Wayfair empowers employees to take smart risks. Tell me about a time you took a calculated risk at work.

There is a big difference between risky decisions and calculated risks. Being able to take smart risks and inspire calculated risks in others is a valuable skill. Smart risks could include giving a customer an extra discount, using a non-traditional method for attracting new employees or pitching an off-beat marketing strategy. Discuss a time when you have made a calculated risk at work. Be sure to use an example where the outcome was positive.

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How to Answer: Wayfair empowers employees to take smart risks. Tell me about a time you took a calculated risk at work.

Advice and answer examples written specifically for a Wayfair job interview.

  • 32. Wayfair empowers employees to take smart risks. Tell me about a time you took a calculated risk at work.

      What You Need to Know

      There is a big difference between risky decisions and calculated risks. Being able to take smart risks and inspire calculated risks in others is a valuable skill. Smart risks could include giving a customer an extra discount, using a non-traditional method for attracting new employees or pitching an off-beat marketing strategy. Discuss a time when you have made a calculated risk at work. Be sure to use an example where the outcome was positive.

      Written by Rachelle Enns on January 31st, 2019

      How to Prep

      Wayfair emphasizes that their employees "Use Good Judgement. We are bold and confident, never reckless. We make reasoned, calculated decisions based on data, critical thinking, and pattern recognition." Consider this when aligning yourself with their work culture and proposing yourself as a good fit for their brand.

      Written by Kevin Downey on June 17th, 2023

      1st Answer Example

      "In my current role, I found that we had a significant drop in online applicants. I decided to go to them rather than wait for the candidates to come to me. I started a spearheading initiative on Instagram, and it was a huge success! So far, we have added six new staff members to our team, and now we are looking at building an influencer marketing strategy."

      Written by Rachelle Enns on January 31st, 2019

      2nd Answer Example

      "I took a calculated risk at work just last week when I asked to pitch a marketing strategy that came to my mind. This was an unusual ask in customer service but something I felt passionate about and wanted to pitch. My boss loved the initiative, and although I don't believe my idea will be a go, I am happy to have had the opportunity to show my employer that I care enough about the company to put in that extra effort."

      Written by Rachelle Enns on January 31st, 2019

      Anonymous Interview Answers with Professional Feedback

      Anonymous Answer

      "I took a calculated risk at ____ when we were preparing to launch our app in Mexico. All required application documents were submitted to the regulatory authority, but they turned our application down. This was a devastating blow as the driver service centers were already set up, and advertisements were running. Without approval, our team would burn hundreds of thousands of dollars daily and risk low user retention. I quickly gathered our government affairs, finance, and IT teams to brainstorm. The government affairs team analyzed news articles about how our competitor had security issues and operated without the proper license. I empathized with the transportation authority to understand their motivation and concluded that the most likely bottleneck was concern about driver and passenger safety. My team worked closely with the technology team to install a safety feature that would enable passengers to seamlessly alert the police if they felt endangered. We resubmitted our application and offered to share aggregated traffic statistics to help solve congestion problems. After confirming the safety feature worked and detecting our cooperativeness, the authority granted us the permit. We subsequently successfully launched operations in three more Mexican cities."

      Rachelle's Feedback

      This story is highly engaging, and it puts a significant spotlight on a few of your qualities, such as taking a calculated risk, working hard to dig for solutions, and setting out to solve problems even if they seem insurmountable. Outstanding work!
  • About the Author

    Interviewing and hiring someone is a huge responsibility. You not only need to find someone with the right skills and qualifications but someone who will get along with everyone else on the team and will be able to represent the company and its core values. That hire needs to be diligent and trustworthy while following the standards and processes everyone else adheres to. They need to perform with consistency, be emotionally intelligent, and be respectful of the needs and concerns of the others on the team. They need to seek out proactively a deeper understanding of the nature of the company and their teammates. That’s a tall order to determine when interviewing anyone. But it’s all part of the recruiter’s job.

    If the team doesn’t get along with that hire, or that hire introduces an unwelcome attitude to the workplace. One person’s consistent attendance issues can impact the job satisfaction of everyone else on the team, lower productivity, and negatively impact the performance of the company as a whole on either a micro or macro scale. So when an interviewer decides to hire any person, they are putting their reputation on the line.

    Looking for the perfect hire requires strong attention to detail. So there were a variety of things I would look for. I’d examine their cover letter, resume, or application for inconsistencies, from formatting to punctuation. I would scrutinize the consistency of their answers from one question to the next. But, I would first and foremost evaluate why they wanted to work for us. If they were playing the numbers game trying to find a job anywhere, it was pretty evident.

    But, it was those applicants who seemed to have an inside view, or inherent understanding, of the real qualifications of the job that I’d put at the top of the pile. They understood the job expectations and the culture and already seemed like they were one of the team. So much of this comes through in one simple thing: their enthusiasm. They had an energy that fit right in. This is something that can rarely be faked.

    If you invest the time to gain a behind-the-scenes glimpse of what life is like working somewhere, and when the more you learn, the more you get emotionally invested in that opportunity, the better your chances will be for winning that job. For the interviewer, when it comes to identifying how consistent a candidate’s work performance would be, the truest test is determining how well they understand the job and how enthusiastic they are to work there, even after everything they learned. That alone suggests they’ll consistently do whatever it takes to win the job and, once hired, go the extra mile for the team.

    Learn more about Kevin Downey