Mergers & Acquisitions Advisory

A Neumann & Associates, LLC

March 31, 2016

Important questions to ask in interviews

By Achim Neumann

Asking effective questions in job interviews is an important task, as it avoids the expensive mistake of paying an ineffective employee a salary over a period of many months or years.

While there are many creative questions that hiring managers can ask,  some are better than others at getting an interviewee to reveal their inner character.  Below, we have assembled some questions that achieve this goal.

people-in-a-job-interview-pic-from-bureau-of-IIP-on-flickr
Deliver a sales pitch on behalf of this company to me, a potential customer

This question will test the candidate on their knowledge of the company,  as their ability to sell its products or services will depend on how thoroughly they have researched the business. They won’t be expecting this question, so it will evaluate their ability to craft sales pitches on the fly.

Being able to market and sell products or services is central to the survival of any business, so evaluating their ability in this department is paramount when recruiting for almost any position in a company.

Ask them about their interpersonal relationships with their co-workers

Many candidates in the job market these days have the technical qualifications and the education necessary to fit into any role, or so it seems. Human beings are complex beings though, so it is vital to evaluate them for interpersonal fit.

With this in mind,  ask them about the worst relationships they have had with co-workers in the past. Ask them to go into detail, as their answers will tell everything that is needed to make a decision on whether this individual would be a great employee for the company.

If they go out of their way to bad-mouth former co-workers, it is highly likely they will eventually experience friction with employees in the business in which they are trying to get hired.

Explain a complex concept so that someone in grade school could understand it

Any business has its fair share of jargon; being able to explain concepts to those that don’t know the lingo is vital in fostering cross-department communications.

While a high grade point average is a good starting point when it comes to recruiting intelligent talent, the true mark of a smart employee is one that can take a complicated problem and break it down into terms that even someone in grade school could act upon.

By getting them to offer up a complicated process and successfully explain it to the interviewer in a manner that anyone could comprehend,  it will show that this individual will be an effective member of the team.

Ask about a time they messed something up … what happened and why?

No human being is perfect, but hiring someone that isn’t afraid to own up to their mistakes is a rare quality. Stilted responses pointing to someone’s propensity to work too hard should be disregarded in most cases, as it shows they aren’t willing to expose their ego by acknowledging that they too are capable of making real mistakes.

However, those willing to make themselves vulnerable by showing that they are willing to accept responsibility for their errors, and explain how they recovered from them should be given a long hard look when making a final decision on who to hire.

About A Neumann & Associates, LLC

A Neumann & Associates, LLC is a professional mergers & acquisitions and business brokerage firm having assisted business owners and buyers in the business valuation and business transfer process through its affiliations for the past 30 years. With an A+ Better Business Bureau rating, the company has senior trusted professionals with a deep knowledge based in multiple field offices along the East Coast and has performed hundreds of business valuations in its history. The firm’s competitive transaction fees are based on successfully completing transactions. For more information, please contact A Neumann & Associates at 732-872-6777 or info@neumannassociates.com

Comments are closed.

Any questions? Please contact us at 732-872-6777
Call Now

Client Testimonials

“Your vetting is simply outstanding, among the best I've seen from a broker.”

Eric H., Investor

“I recently contacted A. Neumann and Associates about getting a valuation of my business done. I spoke with Marc, who explained the process in detail. After meeting with Marc in order to get a clear understanding of my business, and what I was hoping to accomplish. His patience in answering all my questions and his knowledge of the proper way to market my business gave me great confidence that this is the firm I will be using to sell my business for max value. Working with Marc at A Neumann & Associates was very easy and professional. I did not know all that was going to be involved in selling my business but they helped me through the process. What I thought was going to be a just another one of those pushy sales companies was just the opposite. Polite, knowledgeable, and a pleasure to talk to and deal with. I highly recommend this firm to anybody who wants to sell now or down the road. Marc not only knows his stuff, but actually is a real nice guy.”

Double Diamond

“Used A Neumann & Associates to sale my business. could not imagine having done it with out the patience and experience Gary provided. Thanks Gary,”

Dennis Frazier

“Working with Marc and his company was a pleasure. What I thought was going to be a just another one of those pushy sales companies was just the opposite. Polite, knowledgeable, and a pleasure to talk to and deal with. Marc handled most of the interaction and he has one of the greatest demeanors. Again, it was a pleasure working with him and his firm.”

Douglas DiCeglio

“I recently completed an acquisition using A Neumann & Associates. Tony Valentino was very helpful and accessible during the entire process. They do a thorough job vetting both parties and got us to the finish line.”

Srini Mudambi

“Claus out of Florida helped us with the sale of our business. We had never done anything like this and him and his team walked us through the process from start to finish. We had some challenges through the process and Claus continued to show up even in the difficult conversations.”

Colby Harris, Co-Owner, Del Mar Designs

“Claus Madsen thoroughly helped us with selling our company. From the 1st introductory meeting explaining to us what was possible, to providing us with resources to assist with the sale. Claus was invaluable throughout the whole sales process. Claus was with us every step of the journey and always made himself available for any questions or issues that came up along the way. If you are interested in selling your business, I encourage you to reach out to Claus and the ANA team so that they can let you know what’s achievable. These guys will make it happen!”

Ron Harris, Co-Owner and Vice President, Del Mar Designs

“A Neumann & Associates is the only business broker I would use or consult with. They have assisted with 3 business sales over the past 15 years with me. They are honest and sincere and have always performed better than my expectations. They are the only one i would use for the sales of my businesses.”

James Belanger, Business Owner

“I wanted to take a second to commend the exemplary customer service from both you [Karin Neumann] and Mr. Valentino. It’s both a rarity in the industry, and very much appreciated.”

Andrew G., Investor

“We worked with Neumann & Associates to investigate the purchase of a research company in 2010 and found Achim to be capable, forthright and realistic. His depth of experience enabled us to fully understand our options, offering creative options that might enable the acquisition. While we didn’t acquire that particular company at that time, we know exactly who to call whenever we’re looking to buy or sell a business.”

Daniel Coates, Buyer
view all testimonials

Contact A Neumann & Associates, LLC

If you are considering selling your business, please contact us to learn more about our comprehensive service spectrum. Our experienced professionals will answer all your questions about selling a privately held business in complete confidentiality. Please fill out our contact form, or call us at 732-872-6777. We will contact you directly and will never identify ourselves to your employees.

call us now
Contact Us for a Free, Confidential Consultation

Experienced M&A Advisors available

Full Name
Email Address
Phone Number
Message