Describe a time when you had to make a decision without having all the data or information you needed.

This query enables you to demonstrate to the interviewer how you approach problem-solving and analyze a situation. It demonstrates your capacity for swift decision-making. Your response should emphasize how well you get along with people. Avoid having a tendency to dwell on the negative aspects. Instead, seize the chance to emphasize the advantages. Avoid using this question as an excuse to accuse others of pressuring you into making a decision before you're sure you've considered all the available information.

Consider a period in your professional life when you had to make a choice without having all the information you would ordinarily have. Finally, describe the scenario and the process you used to arrive at your decision in a tale. Describe your capacity for autonomous and critical thought. Make a connection between your capacity for making decisions and how you will contribute in your new function before concluding your response.

Answer:

In my previous position, I met with a new prospective supplier when I was still learning the ropes of the business. My manager briefed me on the requirements we had for the prospective supplier and made it obvious that we had to find a new source quickly. I was unaware that my manager had not informed me of the budget we had set aside for the new supplier. My manager had two weeks off at the time of the meeting with the potential supplier. In order to determine how much we had been paying the previous supplier, I looked at the detailed budget for the previous year and took into account the annual budget that had been established for the current year. By taking a look at these, I determined roughly how much money was available and tried my best to predict where the limitations were likely to be put. With this information in hand, I was ultimately able to negotiate a better bargain than my manager had anticipated.