Are Case Interviews Effective?
Our current business world today is getting more and more competitive. If you get behind on what’s trendy on the market, you are left out. That’s why businesses are getting more refined in finding the best suitable workforce they can get. One way of getting the best workforce is through case interviews. So what are case interviews, and are case interviews effective?
A case interview is a screening method in which candidates are given a problem which they then must analyze and solve. You can picture it as something similar to math problems. Sometimes, it is a legitimate math problem!
Case interviews will help organizations discover who has the required logical, critical thinking, and correspondences abilities appropriate for the work. If you are looking to get into management positions or consulting firms, you most likely will come across it. The results in a case interview will factor in when trying to get a job.
That said, is it really effective in sorting out the best candidates? To answer this question, we first need to understand what a case interview really is all about.
A case interview is a process that is first introduced to simulate being on the job in a hypothetical scenario. To lay it out plainly, say you are a legal advisor, and you have a case given to you. Legal advisors need to comprehend their case and look into the legal system with the goal in mind to advance their client’s interests.
Legal advisors will educate their clients about laws and guidelines, what are their lawful issues, and what should be done about them. The same can be said about case interviews. You, the candidate, or rather the legal advisor, should be all-around educated about the business. Then, you need to recognize them, lastly, discover a way how to fix them.
Case interviews will have you put in several scenarios as if you are on the job you applied for already. The questions don’t necessarily have to be difficult, and they could be simple questions or trick questions. To make it even simpler, it is essentially roleplaying your future job.
You could say expect the unexpected. The only thing you could do is be knowledgeable in your field of expertise.
For example, you are applying to become a business consultant. Now, your interviewer will ask you some questions relating to being a business consultant. Say a client approaches you, the consultant, and they are currently developing smartphones. The client is asking if it is worth making 5G capable smartphones now or wait until there are enough 5G networks.
How will you approach this subject and solve it? Where will you start? Will you rely on data? What are some of your hypotheses on the subject? Your interviewer will present you the question, and it’s up to you how you will approach it.
When it comes to case interviews, there is sometimes no clear-cut answer. There might be multiple to solving, and it’s entirely up to you how to do it.
How Effective is a Case Interview?
To better understand the effectiveness of a case interview, imagine yourself now on the job position. Any business has a standard to adhere to, and sometimes there are situations where those standards are tested. Following standards can lead to quality increase which in turn provides customer loyalty.
Say, for example, you are currently a part of the automobile industry. Now, the higher-ups want you to find a way to increase the company’s profitability and production output. How will you approach the problem?
Another example is putting yourself in a position of being a consultant. Consulting firms have strict standards they need to follow to satisfy their clients. Consultants should rely on data to properly answer their client’s inquiries.
When hiring, they want to find someone who has the expertise in giving suggestions based on data. Consulting firms dislike someone that jumps to conclusions or making suggestions based on gut feeling.
So why is data so important in consulting? Data is needed to justify the consultant’s fix for the problem. If your fix is not based on any data, how will your client be able to believe your fix will solve the problem?
It doesn’t help that you present your idea without information backing them up. You need to consider that your client probably has a boss or a partner. That client needs then to explain to their boss or partner why they should go forward with this new idea.
Of course, maybe it is surely an innovative thought, but is there a business opportunity for it? Your client will probably not have enough resources to invest too much in it.
Knowing this, consulting firms like to enlist candidates who can approach and take care of issues that adhere to strong data. The motivation behind the interview is to analyze which applicant has the skill required for the task.
What sort of information would you say you are searching for? In light of the data you have now, do you have any guesses that may profit the customer? Would you be able to demonstrate your guesses backed appropriately with data?
Case interviews will closely inspect a candidates’ reasoning. Case interviews these days are ordinary in any industry, yet their beginnings come from consulting firms.
In short, are case interviews effective? Yes, of course! Case interviews help identify the capable candidates from a multitude of applicants. Case interviews help you imagine what your future job would be like.
It is literally roleplay, and who does it the best will get the job. Although it is roleplay, it is not at all acting. You should know what you are talking about! Interviewers are sharp, and they know their business well.