The three rounds typically break down across these structural levels: Round 1: Narrative & Clarity (The HR/Screener Stage): This round tests how concisely you can tell your professional story. The focus here is on articulateness, energy, and ensuring you don't over-explain your transitions. Round 2: Situational & Stakeholder Management (The Hiring Manager Stage): Here, your communication is tested against real-world friction. They are evaluating how you handle objections, explain revenue metrics simply, and communicate across cross-functional gaps. Round 3: Executive Presence & Alignment (The Leadership Stage): The final round looks at your ability to speak the language of business strategy. Leaders look for high-level synthesis, active listening, and a collaborative, peer-to-peer communication style.