An approach to frequently asked questions in Product Management Interviews
Product Design | Product Improvement | Root Cause Analysis
Disclaimer
“Following frameworks or approach are taken by various resources and if it differs then it’s just my POV. Because Product Management is not a rigid role like other traditional ones. Thank-you and enjoy the blog.”
It is indeed true that there is no absolute path to crack a PM interview. Product Managers or Aspiring PMs come from diverse backgrounds.
Types of PM Interview Questions
There are various types of questions asked in Product Management Interviews such as:
- Product Design Questions(My Favourite One 🤩): Design an Alarm Clock for Blind People
- Favourite Product
- Product Improvement Questions
- Product Metrics Questions
- Root Cause Analysis
- Estimation Questions(Estimate total number of videos on Youtube)
- Behavioural Questions
- Product Strategy Questions(Usually asked for MAANG PM Interviews)
- Technical Questions
If you want to learn System Design, Machine Learning, Blockchain and SQL for Product Managers:
But in this story, we will cover frequently asked questions such as
- Product Design
- Favourite+Product Improvement
- Root Cause Analysis
Approach to Product Design Questions
I know when you will google this you google this you would find numerous frameworks.
After repeating a lot of mistakes and observing approaches from OG level books for Product Management Interviews
Now, I know most of the people will say that CIRCLE method is good enough but
I somehow modified my approach in-order to get an appropriate solution:
- Clarifying Assumptions- (What | Why | Whom | Where anything which you want to)
- Identify Users & User Segments- (on the basis of geography, demography, activity, subscription model, purpose based, cultural basis)
- Drafting User Need and Pain-points (Emphasizing users and customers)
- Prioritize the needs and pain-points using MoSCoW
- List Solutions
- Evaluate the solutions from a different perspective
- Draft the solutions again which are feasible and genuinely customer or user-centric
- Prioritize the Solutions using MoSCoW and RICE Method
- Identify Metrics- You can use various frameworks such as AARRR(Acquisition-Action-Retention-Referral-Revenue) but again you can draft your own too if product or condition varies.
Example:
Note: I talked about general approach only. Product Metrics can get varied again on the basis of business objective and products. For example: if someone is an API Product Manager then he/she can consider Business/Performance/Adoption framework for external API Modules.
Approach to Favourite Product + Product Improvement Questions
I know interviewers can ask these questions separately too but while discussing the interview questions to some of the product geeks I got that interviewers are asking product improvement questions following up by favourite product questions.
Although, candidates try to give answer in a structured way but while asking these two questions togetherly. Candidates screw-up these kind of questions.
Here’s my approach:
- Talk about the product
- Easy-to-use
- Innovative
- Useful/Utility
- Honest
You can use DECODE & CONQUER by Lewis C. Lin for this.
Then let’s come to the main part, to the Product Improvement Questions. Here’s my approach:
- Describe the product: talk about its details such as Company Type Solves the ‘X’ problem for ‘Y’ users by providing “ABC” Product
- Identify categories of users: On the basis of Activity | Purpose | Demographics | Geography | Subscription | Cultural basis
- Describe the Business Objective: Acquiring new customers| Engagement | Revenue
- Select one User Segment you picked
- Identify the Problems faced by the User Segment
- Try to find out Problems again and solution while Mapping-out a User Journey
- List the Possible solutions which are feasible
- Prioritize the Solutions using RICE framework or any other depends on an individual
- Identify the Metrics on the basis of Business Objective and Solutions
Examples:
Approach to Root Cause Analysis Questions
- Clarifying Questions: Define the Metrics | Channel | iOS or Android | Windows or MacOS
- Sanity Check: Data & Metric are correct and accurate? | Any A/B testing is going on?
- External Factors: Change Govt. Policy(for example for cryptocurrencies) | -ve PR or NEWS | Change in Data Privacy | Competitors? | Miscellaneous(Choose what you sense is referring to)
- Internal Factors: UI/UX Change | Algo/Code | Any frequent complaint you got? | Any new feature or feature edit?
- User Journey(From Awareness-Acquisition-Action-Retention-Referral-Revenue)
If you want to learn estimation then:
Hope! you guys enjoy the blog. You can reach-out to me on linkedin.
Thanks! 😁