Cracking The PM Interview

You might also like

Download as pdf or txt
Download as pdf or txt
You are on page 1of 53

Cracking the PM

Interview
How to Land a Product Manager Job

Gayle L. McDowell | Founder / CEO,


CareerCup
May 4, 2016 | Product School

gayle gayle in/gaylemcd


Hi! I’m Gayle Laakmann McDowell

(CS) (M BA)

< dev < /dev


> >

Author Interview Coach Interview Consulting

Gayle Laakmann McDowell gayle gayle in/gaylemcd 2


Yes! Slides are online!

 Gayle.com
 Click “Events”

a i l : om
Em yle . c p
g a p re
g@ t : P M
u b j ec
S
Gayle Laakmann McDowell gayle gayle in/gaylemcd 3
The Perfect PM

Technic
al

Leadershi
Busines p&
s Product
Execution

Industr
y

Gayle Laakmann McDowell gayle gayle in/gaylemcd 4


------ the ------
Perfect PM
------ is a ------

MYTH
The Real Question(s)

What do you What do you


have? need?

What do I assume?

Gayle Laakmann McDowell gayle gayle in/gaylemcd 6


Ge
ts
Customer Action

Th
art

Focus Oriented

in
Sm

gs
Product Prioritizatio
Technic

Do
Design n
al Skills

ne
Communicatio
Analysis & n Project
Synthesis Management

Strategy & Leadershi


Vision p
Engineer

Ge
ts
Customer Action

Th
art

Focus Oriented

in
Sm

gs
Product Prioritizatio
Technic

Do
Design n
al Skills

ne
Communicatio
Analysis & n Project
Synthesis Management

Strategy & Leadershi


Vision p
Marketing

Ge
ts
Customer Action

Th
art

Focus Oriented

in
Sm

gs
Product Prioritizatio
Technic

Do
Design n
al Skills

ne
Communicatio
Analysis & n Project
Synthesis Management

Strategy & Leadershi


Vision p
Design

Ge
ts
Customer Action

Th
art

Focus Oriented

in
Sm

gs
Product Prioritizatio
Technic

Do
Design n
al Skills

ne
Communicatio
Analysis & n Project
Synthesis Management

Strategy & Leadershi


Vision p
Project Manager

Ge
ts
Customer Action

Th
art

Focus Oriented

in
Sm

gs
Product Prioritizatio
Technic

Do
Design n
al Skills

ne
Communicatio
Analysis & n Project
Synthesis Management

Strategy & Leadershi


Vision p
Customer Service

Ge
ts
Customer Action

Th
art

Focus Oriented

in
Sm

gs
Product Prioritizatio
Technic

Do
Design n
al Skills

ne
Communicatio
Analysis & n Project
Synthesis Management

Strategy & Leadershi


Vision p
Business Analyst

Ge
ts
Customer Action

Th
art

Focus Oriented

in
Sm

gs
Product Prioritizatio
Technic

Do
Design n
al Skills

ne
Communicatio
Analysis & n Project
Synthesis Management

Strategy & Leadershi


Vision p
Behavioral
Tell me about yourself…
The Good Enough Pitch

• Shows of
success

• Prompt
the
interviewe
r

• Hobbies
Gayle Laakmann McDowell gayle gayle in/gaylemcd 15
The Great Pitch

 Tells an [engaging] story


 Sends a message. Who are you,
really?
 Addresses your “stereotype”

Gayle Laakmann McDowell gayle gayle in/gaylemcd 16


Developing Your Stories: Strategy
1

Job 1 Job 2
Leadership

Successes

Challenges

Mistakes

Conflicts

Gayle Laakmann McDowell gayle gayle in/gaylemcd 17


Developing Your Stories: Strategy
2

 Strengths  Weaknesses
 Data?  Detail-
 Risk-taking? oriented?
 Thoroughness?  Bluntness?
 Empathy?  Too optimistic?
 Resilience?  Sensitivity?
 Impatient?

Gayle Laakmann McDowell gayle gayle in/gaylemcd 18


Goals of Answering Behavioral Qs

Good Good
Content + Communication

Gayle Laakmann McDowell gayle gayle in/gaylemcd 19


Structure 1: Nugget First

 Lead with your “thesis” / nugget


 Grabs the listener’s attention
 Gives them context for where you’re
going.
Q: What accomplishment
are you most proud of?

I’m most proud of


program I set up to …

Gayle Laakmann McDowell gayle gayle in/gaylemcd 20


Structure 2: S.A.R.

S What was the issue?

A What did you do about it?

R What was the impact?

What’s the
message?
Gayle Laakmann McDowell gayle gayle in/gaylemcd 21
Story Diagram

Story 1 Story 2
NUGGET
SITUATION
ACTION
What & Why &
How
RESULT
THE MESSAGE
DO DIFFERENTLY

Gayle Laakmann McDowell gayle gayle in/gaylemcd 22


 Too much “we”, too
little “I”
 Especially leaders &
Most women
Commo  Too little action
n  No message
Issues

Gayle Laakmann McDowell gayle gayle in/gaylemcd 23


----- don’t -----
sugarcoat
------ the ------
bad stuf
What I’m looking for

 If you’ll admit to bad stuf


 If you’ve really failed
 How you respond to bad things

Gayle Laakmann McDowell gayle gayle in/gaylemcd 25


Weaknesses, Failures & Mistakes

 Be REAL
 Be COMPELLING
 Be CHANGED

The best candidates


connect
Gayle Laakmann McDowell gayle gayle in/gaylemcd 26
Product Design

02
How would you design a…
How would you design an
alarm clock for the blind?

What’s your favorite app? Why?

Pick a Google product.


How would you improve it?
 Communication
 User empathy
What  Creativity
I’m  Judgment
Looking
z

For

Gayle Laakmann McDowell gayle gayle in/gaylemcd 29


How to Tackle

1. Define the user


 Ask questions
 Are there multiple users?
2. Discuss use cases, problems &
goals
3. Design
4. Wrap-up
Gayle Laakmann McDowell gayle gayle in/gaylemcd 30
And don’t forget…

the the
USER WHITEBOARD

Gayle Laakmann McDowell gayle gayle in/gaylemcd 31


Make sure you know

 Favorite WEBSITE
 Favorite MOBILE APP
 Favorite PHYSICAL PRODUCT
 Favorite COMPANY PRODUCT

Gayle Laakmann McDowell gayle gayle in/gaylemcd 32


Your Favorites

 Why do you love it?


 Who are the users?
 What do they use it for?
 How do they competitors compare?
 What problems are there?
 How would you improve it?

Gayle Laakmann McDowell gayle gayle in/gaylemcd 33


not all favorites
are created equal
Estimation

03
How many and who cares?
How much money does Gmail
make in a year?

How many airplanes land


in a day?

How many golf balls can fit


in a bus?
 Smarts
 Ballparking Matters
 Comfort with
Why
numbers
Wez
Ask

Gayle Laakmann McDowell gayle gayle in/gaylemcd 37


How to Tackle

1. Ask questions to resolve ambiguity


 Don’t make assumptions (yet)
2. Outline / Structure Your Approach
3. Break down the components
 Assume numbers when necessary
 State assumptions explicitly
 Round numbers to make your math
easier
4. Sanity Check
 Do your numbers make sense?
Gayle Laakmann McDowell gayle gayle in/gaylemcd 38
How much money
does
Gmail make in a year?
Step 1: Ambiguous Information

 Just in the US? Or Worldwide?


 Profit or revenue?
 Past year? Or average over history?
 Gmail only? Or include Google
Apps?

Gayle Laakmann McDowell gayle gayle in/gaylemcd 40


Step 2: Outline Your Approach

1. Estimate # of Gmail users


2. Estimate annual clicks
a. Top clicks
b. Side clicks
3. Estimate $ per click
a. Top clicks
b. Side clicks

Gayle Laakmann McDowell gayle gayle in/gaylemcd 41


Step 3: Break down components

Estimate # of Gmail users in the US


1. Assume 300 million people in the US.
 Exclude 0 - 12 years old and 65 - 75 years old
  ~ 200 million
2. Assume 80% of people use email
 But 50% only use their work email acct
3. Assume 80% use a “major” email
provider
 Gmail, Yahoo, Hotmail, AOL, etc.
… and so on …

Gayle Laakmann McDowell gayle gayle in/gaylemcd 42


Step 4: Sanity Check

 Suppose you get US rev. = $5


billion.
 No, because…
 Google’s annual revenue is ~$30 billion
 $16 / US citizen (not just gmail users)

Gayle Laakmann McDowell gayle gayle in/gaylemcd 43


Case & Misc.
Questions

04
The other questions
How would you launch Amazon
in Turkey?

How would you price


a new e-book reader?

User signs up drop after launching


new profiles. What would you do?
Many other question types!

 Problem solving
 Acquisition rates dropped. Why?
 Strategy
 Should we do X or Y?
 Marketing
 How would you market X to Y?
 Pricing
 How would you price X?
 Launching
 How would you launch X in country Y?
 Brainstorming
 Name as many things you could do with X

Gayle Laakmann McDowell gayle gayle in/gaylemcd 46


Generic Structure

1. Understand/define problem
2. Structure
3. Solve
 Use instincts
 Make reasonable assumptions

DRIVE the
DISCUSSION
Gayle Laakmann McDowell gayle gayle in/gaylemcd 47
Useful Frameworks

 Customer Purchase Decision


Making Process
 Marketing Mix (4 Ps)
 SWOT Analysis
 Five Cs
 Porter’s 5 Forces
But it’s not a test of
frameworks
Gayle Laakmann McDowell gayle gayle in/gaylemcd 48
Useful Metrics & Knowledge

 User Acquisition
 #, growth, active users, etc
 Activity
 What are people doing?
 Money
 Customer acquisition costs
 Revenue
 $ growth

Gayle Laakmann McDowell gayle gayle in/gaylemcd 49


Takeaways

05
If you forget everything else…
If you forget everything…

 Know who you are


 (and who we think you are)
 Focus on the user
 Structure your responses

Gayle Laakmann McDowell gayle gayle in/gaylemcd 51


I could write
a whole book
on this!
Other Resources

Gayle.com

CareerCup.com

CrackingThe
CodingInterview.co
m

Or, follow me online


• facebook.com/gayle
• twitter.com/gayle
• gayle.com
• gayle@gayle.com
Email: • quora.com

g a y le. c om
g@ re p
: P M p
Subject
Gayle Laakmann McDowell gayle gayle in/gaylemcd 53

You might also like