This is a great framework to tackle such open-ended questions. What would really bring the point home is a mock interview where these steps are used. You did give an example of netflix in the video game industry but there are so many questions that can arise. A sample answer incorporating these steps will help understand how to apply the concepts.
Thank you for all the knowledge! Would love to see more of- 1. Understanding B2B space startegy 2. Potfolio expectations for someone trying to break into Product
Thank you so much for your insightful videos. Any advice on returning to work (especially as a PM) after a personal time off gap, would be helpful. What is the most important aspect to focus on in terms of qualifications and preparation for a PM role? After pausing from a background in finance, I have returned to graduate school for management, and have not been able to engage with a community, make meaningful connections to network (especially post covid) and find a way back in. Any tips! Thanks
Your example is great and just so you know: As a product manager I often look at job postings at other companies to learn what they’re thinking of next. Netflix was actually hiring a PM for Gaming a few months ago so it seems as though they’re actually considering this strategy.
What a great video! I was confused to understand which framework should be applied to which strategy question. However, this video makes it very clear. Thanks for giving out such a simple structure to the strategy questions!
Thanks so much Satish! Let me think about the scenario - I might record a video on it or maybe do it as a mock interview and share feedback on it... let me think about it, thanks for the suggestion!
Thanks Diego for sharing such insightful content for aspiring and experienced PMs; My 2 cents on the Strategy question for FAANG roles. As you said there is no particular framework to answer this question but to be honest it depends a lot on how the interviewer perceives the answer too; In other words, these questions are open-ended in nature and can be subjective to a certain extent.
Great video as usual! I'd like to see a video on how to attach product execution/analysis questions. So something like, "How would you set goals/measure the success of X product". Thank you!
It seems to me a recurring theme here is to really ask clarifying questions instead of jumping into a solution. Defining a starting point is probably more important than defining a solution. Thoughts on this?
YES!! Asking clarifying questions is vital to the interview - this will allow you and your interviewer to be on the same page, if your assumptions are wrong (for example, you assume the goal of your case question is to increase revenue, but their goal in mind is to increase engagement), then the whole case will not go well. Understanding as much as possible before jumping into solving the case is key to success 💪
Just wanted to let you know your content is great. I can see you being a huge creator one day. Im studying for a Microsoft new grad Program manger interview and having some trouble with product design. :/
Wow, thanks! I really appreciate it! - The best way to become better is practicing. I know it sounds "obvious" but when I started I SUCKED at doing interviews... I hoped on a call with as many people as I could to do mock interviews and after about 10 or 15 I felt SO MUCH BETTER!
Thanks for the video PM Diego Granados, my question is - to answer strategic question is it mandatory to know different companies and their products. If so how realistic it is ? If not is there a best way to answer such strategic questions when we are not aware of company/product. By the way thanks for your videos .. it is very helpful.
Hi Mythili, thank you for asking! Ideally, you should research about the company you are going to interview with, their competitors, products, etc. If they ask you a strategy about a "random" product, most likely will be something common - for example: you could interview with a B2B SaaS (subscription) company and they might ask you strategy questions about Hulu, or Netflix. You should research about the company and the industry you are interviewing with. It's unlikely they'll ask you specific questions about a B2B product since it may be hard for you (everyone) to know all the details about a B2B product. When they ask you the question (whichever it is) you can also take a moment to clarify things about the product - you can ask, as part of your clarifying questions, something like this: "I want to make sure my assumptions are correct, my understanding of the product you are asking about is that ( and tell what you know about the product), is this correct? is there anything else you think I should know?" Let me know if this helps!
Hi Diego, Thank you for doing this video. Super useful. Being a Netflix subscriber and someone working in the M&E space, I was able to easily connect and understand the example & framework. Could you please cover a strategy question in B2B space (E.g. Salesforce etc)?
Thank you Vinay! About the B2B space, are you thinking about an example of a strategy question that could be asked at Salesforce? Or what kind of content on B2B?
@@PMDiegoGranados Yes, a strategy question covering B2B space. May be Salesforce or Microsoft or any other company that is easy to relate to. Thank you again, Diego.
Hello Diego! Amazing video and great content. What really helps is that you have covered the topic in great detail along with a sample examples. Just wanted to ask if there is any place where we can get more strategy questions and possible answers for self practice? I know there are case studies books but I am looking for something which is current.
Hi Navdeep, thank you for your comment! I don't think there are many places where you can get more on strategy questions... but I'll think if there's a way I can do Mock Interviews about it!
Nice video....In this case question having some info like nextflix enter into .....but how to answer more general questions like what Apple will do next?....
In your opinion, what are the main sections hiring managers want to see in a candidate's resume? Strategy? Prioritisation? Negotiations? Product Marketing? Testing? user Research? How do you categorise your experience in a skills-based CV? 🧐
Thank you Diego. I have a question, is the Strategy questions similar to the Sense questions? They look to me quite similar. If they're not, can I apply a Sense framework to a strategy question? Thanks
Hi Isaac! Product sense questions are mostly related to "How would you improve X?" or "How would you design Y?". Product Strategy questions are more related to business decisions: "Should X company acquire Y company?", "Should we invest in going into a new market?" etc. A product sense framework (czcams.com/video/H8mogX0OwIQ/video.html) won't really help you much to answer strategy questions, that's why I share Porter's 5 forces and 3Cs + 4Ps. Let me know if this helps!
Any feedback or other topics you'd like to see in this channel?
This is a great framework to tackle such open-ended questions. What would really bring the point home is a mock interview where these steps are used. You did give an example of netflix in the video game industry but there are so many questions that can arise. A sample answer incorporating these steps will help understand how to apply the concepts.
Thank you for all the knowledge!
Would love to see more of-
1. Understanding B2B space startegy
2. Potfolio expectations for someone trying to break into Product
Thank you so much for your insightful videos. Any advice on returning to work (especially as a PM) after a personal time off gap, would be helpful. What is the most important aspect to focus on in terms of qualifications and preparation for a PM role? After pausing from a background in finance, I have returned to graduate school for management, and have not been able to engage with a community, make meaningful connections to network (especially post covid) and find a way back in. Any tips! Thanks
Your example is great and just so you know: As a product manager I often look at job postings at other companies to learn what they’re thinking of next. Netflix was actually hiring a PM for Gaming a few months ago so it seems as though they’re actually considering this strategy.
And, now they have launched amazing games on the platform in partnership with other renowned game developers!
What a great video! I was confused to understand which framework should be applied to which strategy question. However, this video makes it very clear. Thanks for giving out such a simple structure to the strategy questions!
I am a big fan of your content Diego. I am preparing for my PM interviews and I watch your videos multiple times!
The best logical approach i have ever learned ..!!
Diego - Became you fan. Absolute great content.
I would request you to add a scenario (or same Netflix question) and solve it with Porters 5 forces.
Thanks so much Satish!
Let me think about the scenario - I might record a video on it or maybe do it as a mock interview and share feedback on it... let me think about it, thanks for the suggestion!
Thanks Diego for sharing such insightful content for aspiring and experienced PMs; My 2 cents on the Strategy question for FAANG roles. As you said there is no particular framework to answer this question but to be honest it depends a lot on how the interviewer perceives the answer too; In other words, these questions are open-ended in nature and can be subjective to a certain extent.
Been following content for a while now and surprised how underrated this channel is! Thanks for all the knowldge.
Thank you! You are very kind 🙏
Great approach to answering this question . @Diego G. you make it seem effortless.
Thank you, Sri! I'm glad you liked it! Reach out if you have any questions :)
Great video as usual! I'd like to see a video on how to attach product execution/analysis questions. So something like, "How would you set goals/measure the success of X product". Thank you!
Great suggestion! I'll add it to my backlog!
It seems to me a recurring theme here is to really ask clarifying questions instead of jumping into a solution. Defining a starting point is probably more important than defining a solution. Thoughts on this?
YES!! Asking clarifying questions is vital to the interview - this will allow you and your interviewer to be on the same page, if your assumptions are wrong (for example, you assume the goal of your case question is to increase revenue, but their goal in mind is to increase engagement), then the whole case will not go well.
Understanding as much as possible before jumping into solving the case is key to success 💪
Gracias Diego. I have a PM interview tomorrow and this has been very helpful! Saludos!
Jesus, muchas gracias! Cuéntame cómo te va en la entrevista 😊
Thank you Diego! This is a great breakdown and approach. Keep up the great work & content!
I'm glad you liked it, Nirav! Thanks for leaving a comment and please reach out if you have any questions :)
Just wanted to let you know your content is great. I can see you being a huge creator one day. Im studying for a Microsoft new grad Program manger interview and having some trouble with product design. :/
Wow, thanks! I really appreciate it! - The best way to become better is practicing. I know it sounds "obvious" but when I started I SUCKED at doing interviews... I hoped on a call with as many people as I could to do mock interviews and after about 10 or 15 I felt SO MUCH BETTER!
This is amazing Diego!!
The content you upload are of top notch quality!
(Also, I really like the intro :))
Keep it coming!!
Thanks a ton! I really appreciate your comment 😊
Thanks for the video PM Diego Granados, my question is - to answer strategic question is it mandatory to know different companies and their products. If so how realistic it is ? If not is there a best way to answer such strategic questions when we are not aware of company/product. By the way thanks for your videos .. it is very helpful.
Hi Mythili, thank you for asking! Ideally, you should research about the company you are going to interview with, their competitors, products, etc.
If they ask you a strategy about a "random" product, most likely will be something common - for example: you could interview with a B2B SaaS (subscription) company and they might ask you strategy questions about Hulu, or Netflix.
You should research about the company and the industry you are interviewing with. It's unlikely they'll ask you specific questions about a B2B product since it may be hard for you (everyone) to know all the details about a B2B product.
When they ask you the question (whichever it is) you can also take a moment to clarify things about the product - you can ask, as part of your clarifying questions, something like this: "I want to make sure my assumptions are correct, my understanding of the product you are asking about is that ( and tell what you know about the product), is this correct? is there anything else you think I should know?"
Let me know if this helps!
so helpful! thanks for making this video diego!
Could you please one more video on Product Strategy !!!!!!!!!!!1
Hi Diego, Thank you for doing this video. Super useful.
Being a Netflix subscriber and someone working in the M&E space, I was able to easily connect and understand the example & framework. Could you please cover a strategy question in B2B space (E.g. Salesforce etc)?
Thank you Vinay! About the B2B space, are you thinking about an example of a strategy question that could be asked at Salesforce? Or what kind of content on B2B?
@@PMDiegoGranados Yes, a strategy question covering B2B space. May be Salesforce or Microsoft or any other company that is easy to relate to. Thank you again, Diego.
This was very helpful and also love the X-Wing blueprints!
Amazing video as always, Diego!
QQ, please: Will a company only ask about their own strategy or can they ask about other companies too?
They can ask about any company and product! In a company that is not Amazon I got asked: Why do you think Amazon Acquired Whole Foods?
Hello Diego! Amazing video and great content. What really helps is that you have covered the topic in great detail along with a sample examples. Just wanted to ask if there is any place where we can get more strategy questions and possible answers for self practice? I know there are case studies books but I am looking for something which is current.
Hi Navdeep, thank you for your comment! I don't think there are many places where you can get more on strategy questions... but I'll think if there's a way I can do Mock Interviews about it!
Nice video....In this case question having some info like nextflix enter into .....but how to answer more general questions like what Apple will do next?....
Thank you!
"What's the biggest threat to CZcams?"
"Uh.... itself."
Boom. HIred
In your opinion, what are the main sections hiring managers want to see in a candidate's resume? Strategy? Prioritisation? Negotiations? Product Marketing? Testing? user Research? How do you categorise your experience in a skills-based CV? 🧐
amazing
What's the difference between this and the product execution video?
Thank you Diego. I have a question, is the Strategy questions similar to the Sense questions? They look to me quite similar. If they're not, can I apply a Sense framework to a strategy question? Thanks
Hi Isaac! Product sense questions are mostly related to "How would you improve X?" or "How would you design Y?". Product Strategy questions are more related to business decisions: "Should X company acquire Y company?", "Should we invest in going into a new market?" etc.
A product sense framework (czcams.com/video/H8mogX0OwIQ/video.html) won't really help you much to answer strategy questions, that's why I share Porter's 5 forces and 3Cs + 4Ps. Let me know if this helps!
@@PMDiegoGranados Now I understand. Thank you very much Diego. I really appreciate your help and the quality of your videos.
Faang is maang now