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  • Ace Your Product Interview Prep - Product Strategy

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    Nikhilesh Siddanthi
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    This document provides an overview of product strategy topics for a product management interview preparation course. It defines product strategy as outlining a company's objectives and steps to achieve them through a product. An effective strategy answers questions about target audiences, how the product meets needs, and objectives over the product lifecycle. It suggests frameworks like 3Cs, Porter's Five Forces, or SWOT for crafting strategies. The document lists dos and don'ts for answering strategy questions, such as researching the company/product, thinking critically, and avoiding too simplistic or narrow solutions. It provides example interview questions on strategies for companies like Airbnb, monetizing Facebook Messenger, whether Google should acquire iRobot, improving Flipkart

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    Product Owner interview preparation

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    This document provides an overview of product strategy topics for a product management interview preparation course. It defines product strategy as outlining a company's objectives and steps to achieve them through a product. An effective strategy answers questions about target audiences, how the product meets needs, and objectives over the product lifecycle. It suggests frameworks like 3Cs, Porter's Five Forces, or SWOT for crafting strategies. The document lists dos and don'ts for answering strategy questions, such as researching the company/product, thinking critically, and avoiding too simplistic or narrow solutions. It provides example interview questions on strategies for companies like Airbnb, monetizing Facebook Messenger, whether Google should acquire iRobot, improving Flipkart

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    © All Rights Reserved
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    16 views11 pages

    Ace Your Product Interview Prep - Product Strategy

    Uploaded by

    Nikhilesh Siddanthi
    This document provides an overview of product strategy topics for a product management interview preparation course. It defines product strategy as outlining a company's objectives and steps to achieve them through a product. An effective strategy answers questions about target audiences, how the product meets needs, and objectives over the product lifecycle. It suggests frameworks like 3Cs, Porter's Five Forces, or SWOT for crafting strategies. The document lists dos and don'ts for answering strategy questions, such as researching the company/product, thinking critically, and avoiding too simplistic or narrow solutions. It provides example interview questions on strategies for companies like Airbnb, monetizing Facebook Messenger, whether Google should acquire iRobot, improving Flipkart

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    of 11

    Ace Your

    Product Management
    Interview Prep with

    THE PM QUESTION BANK


    Topic for the week:

    Product Strategy

    Swipe Left
    WHAT IS IT?
    Product strategy outlines a company's objectives
    and the steps it will take to achieve them with the
    product.
    The strategy should provide answers to crucial
    questions, such as the target audience (personas),
    how the product will meet their needs, and the
    company's objectives for the product's entire
    lifecycle.

    FRAMEWORK
    SUGGÈSTION

    3C, Porter's 5
    Forces or SWOT
    Swipe Left
    DO'S AND DONT'S WHILE ANSWERING PRODUCT
    STRATEGY QUESTIONS :

    DOS:

    Research the company and the product


    before the interview
    Think critically and consider the long-term
    implications of any product strategy
    Demonstrate your ability to think outside the
    box and solve problems
    Showcase your knowledge on existing product
    strategies and processes
    Showcase how you'll add value to the product

    Swipe Left
    DO'S AND DONT'S WHILE ANSWERING PRODUCT
    STRATEGY QUESTIONS :

    DON'T:
    Don't offer solutions that are too simplistic
    Don't focus on what can be done quickly but
    not sustainably
    Don't offer solutions that are too narrow in
    scope
    Don't be afraid to ask questions to better
    understand the product
    Don't forget to explain the rationale behind
    your proposed solutions

    Swipe Left
    PM INTERVIEW QUESTIONS (1/5)

    What should Airbnb's


    strategy be during the
    COVID-19 pandemic?

    Asked in Google, Meta

    Swipe Left
    PM INTERVIEW QUESTIONS (2/5)

    How would you monetize


    Meta (Facebook)
    messenger?

    Asked in Meta

    Swipe Left
    PM INTERVIEW QUESTIONS (3/5)

    Do you think Google should


    buy the iRobot company?
    Why or why not?

    Asked in Google

    Swipe Left
    PM INTERVIEW QUESTIONS (4/5)

    The earphone category at Flipkart


    is non-profitable due to more
    returns of products. What would
    you do as a category manager?

    Asked in Flipkart

    Swipe Left
    PM INTERVIEW QUESTIONS (5/5)

    Google Keep is a free product to


    save, share notes etc. How would
    you make it a subscription product
    & monetize it?

    Asked in Google, Adobe

    Swipe Left
    BREAK INTO PM
    LIVE. COURSE
    FAST-TRACK YOUR TRANSITION INTO
    PRODUCT ROLES

    Starting from 19th March

    Registrations OPEN!
    link in the first comment

    Swipe Left
    FOLLOW

    FOR MORE SUCH CONTENT

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