cracking the product manager interview

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Cracking the Product Manager Interview Gayle Laakmann McDowell

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Product managers are sometimes called the "CEO of a product." But what is a product manager really and how you do you land this role? How to crack the PM interview?

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Page 1: Cracking the Product Manager Interview

Cracking the Product Manager Interview

Gayle Laakmann McDowell

Page 2: Cracking the Product Manager Interview

2

Gayle Laakmann McDowell

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Author Interview Coach Interview Consulting

(CS) (MBA)

Page 3: Cracking the Product Manager Interview

McDowell | CareerCup.com

What is a Product Manager?

Product Manager (“PM”)==

“Associate Product Manager” (Google, Yahoo, Facebook, etc.)

==“Program Manager”

(Microsoft)

Page 4: Cracking the Product Manager Interview

McDowell | CareerCup.com

What is a Product Manager?

• Manage the PRODUCT, not the PEOPLE• “Build a great product for the users”– Who are the users?– What are the features?– When will we launch?– How do we launch?– etc

Page 5: Cracking the Product Manager Interview

McDowell | CareerCup.com

The Perfect PM

Technical Skills+

Product Skills+

Industry Expertise+

Business Expertise

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McDowell | CareerCup.com

PM Skills

• No one is perfect!– What skills do you have?– What skills do you need?

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McDowell | CareerCup.com

PM Skills

• No one is perfect!– What skills do you have?– What skills do you need?

Page 8: Cracking the Product Manager Interview

Smart Gets Things Done

Strategy & Vision

Leadership

Customer Focus

Product Design

Analysis & Synthesis

Action Oriented

Prioritization

Project Management

Technical Skills

Communication

Page 9: Cracking the Product Manager Interview

Strategy & Vision

Leadership

Customer Focus

Product Design

Analysis & Synthesis

Action Oriented

Prioritization

Project Management

Technical Skills

Communication

ENGINEER

Page 10: Cracking the Product Manager Interview

Strategy & Vision

Leadership

Product Design

Analysis & Synthesis

Action Oriented

Technical Skills

Communication

MARKETING

Project Management

Customer Focus

Prioritization

Page 11: Cracking the Product Manager Interview

Strategy & Vision

Leadership

Customer Focus

Product Design

Analysis & Synthesis

Action Oriented

Prioritization

Project Management

Technical Skills

Communication

DESIGNER

Page 12: Cracking the Product Manager Interview

Strategy & Vision

Leadership

Customer Focus

Product Design

Analysis & Synthesis

Action Oriented

Prioritization

Project Management

Technical Skills

Communication

PROJECT MANAGER

Page 13: Cracking the Product Manager Interview

Strategy & Vision

Leadership

Customer Focus

Product Design

Analysis & Synthesis

Action Oriented

Technical Skills

Communication

CUSTOMER SERVICE

Prioritization

Project Management

Page 14: Cracking the Product Manager Interview

Strategy & Vision

Leadership

Product Design

Analysis & Synthesis

Technical Skills

Communication

BUSINESS ANALYST

Project Management

Customer Focus

Prioritization

Action Oriented

Page 15: Cracking the Product Manager Interview

McDowell | CareerCup.com

What good is an MBA?

• VERY mixed opinions• Be humble!• What else ya got?– Industry expertise?– Technical skills?– Business skills?– Product skills?

Page 16: Cracking the Product Manager Interview

McDowell | CareerCup.com

The Perfect PM

Technical Skills+

Product Skills+

Industry Expertise+

Business Expertise

Page 17: Cracking the Product Manager Interview

McDowell | CareerCup.com

So, tell me about yourself…

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McDowell | CareerCup.com

“The Pitch”

• 1 – 2 minute summary– Tell a [focused] story– Highlights– Interests

• KNOW IT! REHEARSE IT!

What’s your weakness?

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CrackingThePMInterview.com -> Resources

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Soft Questions

McDowell | CareerCup.com

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McDowell | CareerCup.com

Goals of Your Answer

• Answer the question.• Deliver a good answer.• Communicate well.– Nugget First– S.A.R.: Situation, Action, Result

Page 22: Cracking the Product Manager Interview

McDowell | CareerCup.com

Preparing for Behavioral Qs

• Create Preparation GridJob 1 Job 2

Leadership

Challenges

Mistakes

Conflicts

Master 5 Key Stories

Page 23: Cracking the Product Manager Interview

McDowell | CareerCup.com

Structure 1: Nugget First

• Lead with your “thesis” / nugget– Grabs the listener’s attention– Gives them context for where you’re going.

A: I’m most proud of the way I re-architected the …

Q: What accomplishment are you most proud of?

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McDowell | CareerCup.com

Structure 2: S.A.R.

ituation

ction

esult

S

A

R

What was the issue?

What did you do about it?

What was the impact?

Page 25: Cracking the Product Manager Interview

McDowell | CareerCup.com

Know

• What did you do?• Why?• How?• What would you do differently?

Page 26: Cracking the Product Manager Interview

Hard Questions

McDowell | CareerCup.com

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McDowell | CareerCup.com

“Real” Questions

1. Product Design Questions 2. Estimation Questions3. Case Questions4. Technical Questions

Page 28: Cracking the Product Manager Interview

Product Design QuestionsHow would you design an calculator for the blind?

What’s your favorite website?

Pick a Google product. How would you improve it?

Page 29: Cracking the Product Manager Interview

Product Design Questions: Why?

• Communication & Structured Thinking• Ability to understand the user• Creativity• Business instincts / skills

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Product Design Qs: Approach

1. Ask questions2. USERS + USE CASES + PROBLEMS + GOALS3. Solve problems

Use the whiteboard!

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KNOW THIS COLD

Favorite…• Website• Mobile App• Physical Product• Company Product

• WHY• USERS• USE CASES• PROBLEMS• IMPROVEMENTS

Some favorites better than others.

Page 32: Cracking the Product Manager Interview

Case QuestionsHow would you launch

Amazon in Turkey?

How would you pricea new ebook reader?

User sign ups dropped after launching a new feature. What do you do?

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Case Questions• 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

Page 34: Cracking the Product Manager Interview

Case Questions

1. Understand/define problem2. Structure3. Solve– Use instincts– Make reasonable assumptions

DRIVE THE INTERVIEW

Page 35: Cracking the Product Manager Interview

Business 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!

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Metrics

• User Acquisition– #, growth, active users, etc

• Activity– What are people doing?

• Money– Customer acquisition costs– Revenue– $ growth

Page 37: Cracking the Product Manager Interview

Estimation QuestionsHow many tennis balls

can fit in an SUV?

How much money does Gmail make from ads every year?

How much do New Yorkers spend on electricity each year?

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Estimation Qs: Why?

• Problem Solving

• Basic Quantitative Skills

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Estimation Qs: How to Approach

1. Ask questions to resolve ambiguity– Don’t make assumptions (yet)

2. Outline / Structure Your Approach3. 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?

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McDowell | CareerCup.com

CS Questions

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McDowell | CareerCup.com

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McDowell | CareerCup.com

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McDowell | CareerCup.com

Don’t Forget

• Show…– You can understand the customer– You can make good decisions– You can lead & motivate people– You can build the right thing

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McDowell | CareerCup.com

I could write a whole book on

this!

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McDowell | CareerCup.com

Other ResourcesCareerCup.com• Interview Videos• Resume Review• Mock Interviews

Or, follow me online at…• twitter.com/gayle• facebook.com/gayle• gayle.com• [email protected]• quora.com