An invitation for a presentation which was understood as delivery of intended strategies for implementation by the lucky applicant surprised aspirants and even some of the committee members when it turned out to be a little less than a panel of interview. Knowing that was the first time aspirants for that salary grade would go through the process of presentation (guidelines did not say so), I honestly thought about the saying "when a thing gets tough, the tough gets going".
As the law of supply and demand applies, the more qualified applicants there are, the more difficult the process of screening becomes. And exercise of management's discretion (like what they did) may be the best way to address stiff competition. I hope they will find the best they were trying to find out because sometimes gut feel is more reliable than impression.