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Interview Question: Return on Investment

Charlie

Hi All

I recently stumbled in a HRBP interview when they asked what is the most strategic project I have supported and what the return on investment was.

Having worked in public sector and mainly as a HR Advisor I don't have experience on working with return on investment and actual figures.

Can anyone provide me with some examples to help with my own development?

Thanks

Charlie 

Parents
  • Charlie, good luck with taking the next step in your career and moving from an Advisor to HRBP role. I imagine your potential employer is wanting to test out your business acumen, to check out your appreciate for the bigger picture and the ability for you to draw lines from the work you are doing to the impact, outcomes and returns it is showing.

    This can be tricky in some people projects as not all have a direct, causal relationship however consider examples of the work you have done:
    1. What was the overarching purpose of it? - The why?
    2.What did you expect to see when the work was complete?
    3. How could you measure the results - this can be qualitative as well as quantative and other KPI metrics
    4. What was the budget for it and did it come in on budget, over or under and what were your views on this.

    There's a lot of focus on evidence based HR and it's worth checking out resources on this on the CIPD and also on cebma.org/.../ or check out and follow Prof Rob Briner, and others, in this field.

    Good luck making the move. It's hard when we stumble to remember interview stumblings are great sources of learning.
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  • Charlie, good luck with taking the next step in your career and moving from an Advisor to HRBP role. I imagine your potential employer is wanting to test out your business acumen, to check out your appreciate for the bigger picture and the ability for you to draw lines from the work you are doing to the impact, outcomes and returns it is showing.

    This can be tricky in some people projects as not all have a direct, causal relationship however consider examples of the work you have done:
    1. What was the overarching purpose of it? - The why?
    2.What did you expect to see when the work was complete?
    3. How could you measure the results - this can be qualitative as well as quantative and other KPI metrics
    4. What was the budget for it and did it come in on budget, over or under and what were your views on this.

    There's a lot of focus on evidence based HR and it's worth checking out resources on this on the CIPD and also on cebma.org/.../ or check out and follow Prof Rob Briner, and others, in this field.

    Good luck making the move. It's hard when we stumble to remember interview stumblings are great sources of learning.
Children
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