Top 4 Strategy Interview Questions and Example Answers

By Indeed Editorial Team

Updated February 22, 2021 | Published October 9, 2020

Updated February 22, 2021

Published October 9, 2020

First impressions are crucial and it's critical to prepare for strategic thinking interview questions. Employers use these questions to help identify candidates who can develop efficient strategies for their organization's needs. In this article, we share what strategic interview questions are, tips to succeed in the process, and some general questions asked during strategic interviews. This list may help you produce your own solutions and the example questions and answers for inspiration on answering frequently asked questions.

What are strategic interview questions?

Strategic interview questions offer an employer the chance to see your thinking and decision process in the workplace. The ability to strategically think will positively impact an organization's vision and help achieve long-term goals. Effective strategic thinking can help with identifying risks. People who use this type of thinking are efficient in using their resources and have an excellent ability to complete action plans while in the face of obstacles.

Related: Setting Goals To Improve Your Career

Tips for demonstrating strategic interview questions in an interview

Strategic interview questions naturally need to be addressed with a certain degree of strategy if they're to properly illustrate you as a capable thinker. Here are some tips to help you succeed when answering them:

Have a plan

The best way to have success with a strategy is to be prepared. Prepare examples of a team where you've had to craft a project or organization strategy. Show ways you were able to assess potential risks to ensure a plan's success. An organization will use your answer to determine if you have the proper skills for gathering and evaluating information. Hence, it's important to know how your team works to be able to implement strategies effectively.

Related: Structured Interviews: What Are They and Structured Interview Questions

Use Scenarios to explain your point

Employers want to see your ability to lead and solve problems. Use actual scenarios that you've worked through or explain hypothetical scenarios with examples of how you would handle a situation. Identify mistakes that may have been made and the solutions you offered to help your business strategy succeed. An organization needs to see your ability to think and perform under pressure.

Show confidence with your decisions

Whether you made the right or wrong choice with a strategy, it's important to show that you have confidence when making a decision. Employers want to feel confident in your ability to make a decision. Even if it's the wrong one, they want to see your ability to improve to ensure that the business learns from their mistake so they can prepare for success in the future. Being open and transparent with an employer is important. They appreciate your leadership skills and your ability to embrace every facet of strategic planning.

Sample strategic interview questions and answers

The interviewer will pay close attention to how you solve the questions, which will gauge your ability to strategize and effectively develop solutions that will benefit their company. Here are common strategic interview questions and how to answer them.

How much time do you regularly invest in strategic planning? What methods do you use?

Strategic planning usually has been phases and it's important to measure the strengths and challenges of a particular project. This is an opportunity to showcase your organizational skills and the successes you've had with strategic planning.

Example: "Depending on the plan in place, I typically will track my strategic goals weekly, monthly, quarterly and annually. I will assess the progress by any statistical information relating to sales and revenue. Depending on what the data suggests, I will either keep my plan as is if we're experiencing success or adjust my plan to try and gain traction with our strategic goals."

What ways do you keep your team informed of your strategic decisions?

Communication is essential for a successful business and an interviewer will want to see how well you share information. It's also important for an organization to see how well you lead and work with others. Share ways that you are effective with your communication and solutions you offer for strategic needs.

Example: "I have 50 employees who report to me and 10 of them are in leadership positions. I always keep my leadership team aware of any situations, especially if they are sensitive in nature because they are also directly responsible for our strategic mission. Outside of that, I will maintain transparency and keep our other 40 employees as needed. I hold daily meetings with my leadership team and I hold monthly meetings with all of our employees for communication needs."

What important factors do you consider when building a strategic plan?

Employers must know that you understand how to build a strategic plan and identify all of the key points needed to be successful. Provide examples of how you've built effective strategic plans.

Example: "It's important to identify the strengths, weaknesses, opportunities and threats to the success of a strategic goal. We want to focus on opportunities to advance our sales. For example, we heard a popular celebrity regularly used one of our products and decided to ask if they'd be willing to be a spokesperson. They agreed and it was helpful because their good reputation helped us meet marketing goals and establish trust for the brand and the product."

Related: Ultimate Guide To Strategic Planning

How do you measure whether a strategy is effective?

Employers want to feel assured that their strategic goals will be successful for their business and feel like they can trust their team to help them achieve those goals. Being aware of strengths, weaknesses, opportunities and success can help an organization gauge the strategy are various points during the plan. It's important to regularly measure key performance indicators during a strategic plan and reassess if needed to ensure success for the business. An organization will appreciate examples of how you measure if a strategy is effective, which will allow them the opportunity to understand your judgment and decision-making process.

Example: "If we want to increase sales for a particular project, we'll carefully break down the strengths, weaknesses, opportunities and threats to the success. Once we've identified the information pieces, we break down the strategy into time frames. We want to be able to measure the rate of sales and monitor for any successes or failures. We set measurement goals quarterly. If we see an increase in sales, we know we're on the right path for our plan's success.

If we see a decrease in sales, we will reassess and find ways to help our plan succeed. If we see a dip in sales, we'll typically start measuring the sales numbers twice in a quarter and once we start seeing an increase in sales again, we will then get back on to a quarterly measurement for the strategic plan."

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