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Business Judgement

Business Judgement

Appraises candidates' business judgement, focusing on strategic decision-making, bias identification, and addressing business challenges.

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Type
Hard skills
Time
10 min
Level
Basic
Languages
English

Business Judgement test: Empowering insightful decision-making

Delve into the core of strategic problem-solving and insightful decision-making with our Business Judgement Test. This test is crafted to assess the essential skills involved in evaluating complex business situations and aids your hiring team in pinpointing candidates who demonstrate profound business acumen. It's your tool for discovering talent capable of navigating through uncertain business landscapes with confidence and strategic foresight.

Unique features of the Business Judgement pre-screening assessment

  • Comprehensive analysis tools: Evaluates candidates' prowess in employing SWOT analysis, game theory strategies, and lean management practices.
  • Cognitive bias and error mitigation: Focuses on recognizing and reducing common judgement errors and biases in business decisions.
  • Scenario-based approach: Utilizes realistic business scenarios to assess candidates' ability to address declining sales, adapt to disruptive technologies, and make sound decisions under uncertainty.
  • Expert-curated content: Crafted by business experts, ensuring the test reflects the critical thinking and strategic skills required in today's competitive business environment.
  • Actionable insights: Offers detailed insights into candidates' decision-making processes, assisting hiring teams in making informed recruitment choices.

Topics covered in the Business Judgement pre-employment assessment

The Business Judgement candidate screening assessment covers a wide range of essential topics, including:

  • Black swan event impact assessment: Understanding and preparing for rare but impactful events.
  • Cognitive biases in decision-making: Identifying and mitigating biases.
  • Strategic business error avoidance: Recognizing and preventing common strategic mistakes.
  • Competitive market navigation: Strategies for addressing declining sales and profits.
  • Lean management application: Implementing efficiencies in business processes.
  • Game theory utilization: Employing strategic decisions in competitive scenarios.
  • Technology adaptation: Adapting to disruptive innovations.
  • SWOT analysis conduction: Analyzing strengths, weaknesses, opportunities, and threats.
  • Valuation in mergers and acquisitions: Methods for evaluating business worth during M&As.

Best use of the Business Judgement test in recruitment

This Business Judgement skills assessment test is particularly suited for roles requiring keen analytical and strategic thinking, including:

  • Business analysts: Ideal for assessing candidates' ability to evaluate complex scenarios and make data-driven decisions.
  • Operations managers: Perfect for candidates who will be tasked with streamlining operations and addressing efficiency challenges.
  • Strategic planners: Offers insights into candidates' skills in long-term planning and dealing with competitive markets.
  • Financial advisors: Ideal for evaluating understanding of market trends, risk management, and investment strategies.
  • Product managers: Assess the ability to adapt to new technologies and employ strategic planning in product development.

What modern teams using HiPeople are saying.

“The turnaround time is great! We aren’t missing a candidate reference. Reference Checks can be a daunting task, but HiPeople makes it really easy.”

Tiera Dobbins, Talent Acquisition Services and Operations Manager at NFL National Football League
Tiera Dobbins
Talent Acquisition Services & Operations Manager

“HiPeople allows me to get mundane tasks like reference checks out of the way. Our time-to-fill went down 31% in the last year and we made 62% more hires.”

Sarah Garner, Director of Recruitment and Outreach at Vivvi
Sarah Garner
Director of Recruitment and Outreach

“We use HiPeople Assessments for volume hiring. With the introduction of HiPeople our work has reduced by about 50%”

Prem Kumar, Talent Acquisition Manager - Recruitment and Employer Branding at DAZN
Prem Kumar
Talent Acquisition Manager - Recruitment & Employer Branding

“Being able to use HiPeople’s AI-enable features allows for a better screening process to make sure that we are getting the right candidates.”

Alex Anderson, Learning & Development Specialist at Colas Canada
Alex Anderson
Learning & Development Specialist

“With HiPeople we are saving between 250-500 hours of screening time every year. We completely switched to a skill-based candidate assessment in pre-screening.”

Maximilian Rauschen, Head of Talent Acquisition at Tourlane
Maximilian Rauschen
Head of Talent Acquisition

“We use HiPeople to objectively assess our candidate’s skills and capabilities. The more data we have, the more we can influence our quality-of-hire.”

Matthias Schmeisser, Global Senior Director, Talent Acquisition and Employer Branding at Emnify
Matthias Schmeisser
Global Senior Director, Talent Acquisition & Employer Branding

“HiPeople has been really helpful for us in automating the reference check process, verifying who the references are, and doing it in a much more fast and efficient way.”

Charlie Boyle, Senior Lead, Talent Acquisition Policy, Operations & Technology at Celonis
Charlie Boyle
Senior Lead, Talent Acquisition Policy, Operations & Technology

“Our former reference process was really archaic, very sticky. HiPeople has really given us the ability to customize when and how we do reference checks. That is really amazing!”

Janna Karwaski, Senior Director of Workforce Optimization at IntelyCare
Janna Karwaski
Senior Director of Workforce Optimization

Take the guesswork out of screening

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Business Judgement Test FAQs

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Organizations incorporating our assessments early on in their hiring process report significant benefits: 91% less screening time, 62% faster time-to-hire, $801 cost savings per hire, and 21x fewer mis-hires. This efficiency ensures you're making informed decisions from the outset, leading to better hires and streamlined recruitment processes.

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Tiera Dobbins

Talent Acquisition Services & Operations Manager

Sarah Garner

Director of Recruitment and Outreach

Prem Kumar

Talent Acquisition Manager - Recruitment & Employer Branding

Alex Anderson

Learning & Development Specialist

Maximilian Rauschen

Head of Talent Acquisition

Matthias Schmeisser

Global Senior Director, Talent Acquisition & Employer Branding

Charlie Boyle

Senior Lead, Talent Acquisition Policy, Operations & Technology

Janna Karwaski

Senior Director of Workforce Optimization