P&G Situational Questions Part#2 | Commonly Asked Questions

Summary

In this video, Beros continues the series on Procter & Gamble (PNG) situational interview questions, focusing on the second type: task-oriented scenarios. He outlines a structured approach to tackle such questions, emphasizing understanding the problem, seeking stakeholder input, evaluating options, assessing sensitivities, and aligning decisions. Beros shares strategies for time management, resource allocation, and prioritization, using real interview questions to demonstrate effective responses. The video aims to equip viewers with the skills to excel in PNG interviews.

Takeaways

• 📺 Introduction to the channel and video series on PNG situational questions.
• 🎥 Emphasis on watching the first video in the series before proceeding.
• 📝 Explanation of the speaker's expertise in PNG hiring and interview processes.
• 🤔 Distinction between PNG situational questions and PNG behavioral questions.
• 📚 Steps to prepare for PNG situational questions, including sample questions.
• 👥 Importance of understanding the problem, its source, and its impact.
• 🔍 Gathering inputs from key stakeholders for comprehensive solutions.
• 📊 Listing possible options, analyzing pros and cons, and calculating sensitivities.
• 🛠 Examples of business-related and task-oriented situational questions.
• 📝 Detailed process for answering time-sensitive project management questions.

Q & A

What is the main focus of the second video in the PNG situational questions series?

The second video focuses on the second type of situational questions in the PNG interview process, which are related to business actions or task-oriented situations.

Why is it important to watch the first video before the second one?

The first video provides critical information about the PNG hiring and interview process, the difference between situational and behavioral questions, and covers the first type of situational questions. This foundational knowledge is necessary to fully understand the content of the second video.

What is the first step in answering business-related situational questions?

The first step is to understand the problem, its source, and its impact in terms of money and time.

How should you handle the need for stakeholder input in the PNG situational questions?

You should gather inputs from key stakeholders, including those outside of Procter & Gamble if necessary, to ensure a comprehensive understanding of the situation from different perspectives.

What should you do after listing all possible solutions for a business-related problem?

Quantify the possible options and their pros and cons, taking into account the perspectives of different key stakeholders.

Why is it important to understand the sensitivities of each option?

Understanding the worst and best outcomes for each option helps the decision-maker know the risks involved with each choice.

What is the process for aligning options with key stakeholders?

Align all options, pros and cons, and key sensitivities with stakeholders, gather their inputs on the preferred option, and then present it to the decision-maker.

What are some strategies for managing a time crunch in a project?

Strategies include prioritizing projects, focusing on critical parts that deliver most of the work, and optimizing the scope of the project.

How should you address a situation where a project is held up by a colleague?

Understand the problem and its source, offer help if it's a capacity issue, seek additional resources if it's a capability issue, and communicate the situation and its impact to your manager.

What steps should you take if a production glitch delays a product launch?

Assess the impact of the delay, communicate the issue internally and externally, list options to minimize the impact, and salvage promotional materials and customer relations.

How should you respond to an opportunity to take on a new role that requires learning a new skill set?

Express readiness to take on the challenge, highlight your passion and fast-learner attitude, and demonstrate self-awareness and understanding of where to find help within the organization.

What approach should you take when production cannot meet demand?

Prioritize sales to the most profitable and strategic customers, remove promotional discounts, and minimize tactical marketing efforts to maximize profits.

What is the importance of simple math in handling business-related questions in an interview?

Simple math helps illustrate the financial impact clearly and concisely, making it easier for the interviewer to understand your reasoning and calculations.