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- Lavleen Kaur Kapoor

What does failure mean to you

What does failure mean to you

The personal interview is a critical step in MBA admission process and should not be taken lightly. PI is aimed at knowing a candidate more intimately - assessing the clarity of thinking process, future goals and the 'fit'   factor with the B-school. It provides the admission selection committee of a B  school to evaluate your interpersonal and soft skills.With this aim MBA Rendezvous is presenting you PI tips so that  you can be successful.Today you will read PI tips on : 

FAQ in P I : What does "failure" mean to you?
During your interview at a business school, you will be asked a series of questions, which will give your interviewer a chance to know you in depth.
Most of the questions will be focused on your opinion, including ‘What does failure mean to you’? When asked such a question, state that failure lies is an event and not in a person.
 Everyone has been in situations in which he/she has faced failures. So, expand upon this and shine light on one instance in which you have failed.
In addition, share with your interviewer the lessons you learnt from that failure and what steps you took later in life to prevent such mistakes from occurring again.
This is exactly what your interviewer wants to hear. No one is perfect. So, never tell your interviewer that you have never faced failures in life because this magnifies your ego and pride. 
Interviewers are aware that as a business leader, you may make mistakes. And they want to know how you would handle such situations. So, be humble and honest while shining light on the definition of failure. 
For example, if you failed to complete a project on time and consider that to be a failure, share with your interviewer the reason for failing to complete that task on time. 
If you had weak time management skills, enlighten the interviewer on how you prevented such mistakes from getting repeated and how you managed projects in a more efficient manner later.
Failures are a result of not being able to meet your goals. So, you need to convince your interviewer that you have learnt valuable lessons from past failures and that you have enhanced your skills to become a better and a successful business leader.
Click and read Personal Interview with  Mock Exercises :
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