How to answer Strategy Questions (Product Management Interview)
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Published 2021-01-11
Strategy Questions that can be confusing and intimidating. In this video, I'll share with you some of things that you should do during an interview when they ask you an open ended question like these:
"Should Netflix launch a video game service?"
"What is the biggest threat to YouTube?"
"What should Spotify do next?"
#ProductManagement #Interview #Strategy
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@00:00 Intro and Explaining what are Strategy Questions
@02:20 Asking Clarifying Questions
@02:57 Customers and the Company
@04:45 Competitors and other Companies
@06:18 Providers & Suppliers
@07:13 Environment
@08:20 Summary
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I'm a Senior Product Manager by day and content creator whenever I have a few minutes in the morning, day or night to spare! I have experience working in Product Management at Microsoft in AI & Machine Learning, as well as Cisco in Wireless Technologies. I'm originally from Mexico City and I moved to the U.S. in 2015 to study my MBA at Duke University. I discovered Product Management when I started Business School and since then, it has been my mission and my passion to help others break into this role!
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✅ Disclosure ✅
This video is not sponsored; all opinions shared are my own.
An article about Netflix's mission and vision: www.forbes.com/sites/haydnshaughnessy/2011/10/28/r…
Porter's Five Forces: en.wikipedia.org/wiki/Porter%27s_five_forces_analy…
Marketing 3C's & 4P's: businessdailybuzz.com/marketing-mix-the-4ps-and-3c…
All Comments (21)
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Any feedback or other topics you'd like to see in this channel?
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I am a big fan of your content Diego. I am preparing for my PM interviews and I watch your videos multiple times!
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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.
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so helpful! thanks for making this video diego!
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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!
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The best logical approach i have ever learned ..!!
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This was very helpful and also love the X-Wing blueprints!
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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.
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Thank you Diego! This is a great breakdown and approach. Keep up the great work & content!
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This is amazing Diego!! The content you upload are of top notch quality! (Also, I really like the intro :)) Keep it coming!!
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Thank you!
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Great approach to answering this question . @Diego G. you make it seem effortless.
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Been following content for a while now and surprised how underrated this channel is! Thanks for all the knowldge.
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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.
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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!
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amazing
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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.
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Gracias Diego. I have a PM interview tomorrow and this has been very helpful! Saludos!
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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?....
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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. :/
