"Situation:
While working at CVS Health, our inventory management system for OTCHS products was facing challenges. We had increasing stock outs, and our existing data was insufficient to fully understand and address the issue since it has been only a year this product line was initiated.
Action:
Although we do have a forecasting model to predict demand and other algorithms to trigger out of stock flags to warehouses to fill them, lack of data points on seasonality, supplier delays, compliance"
Vihari K. - "Situation:
While working at CVS Health, our inventory management system for OTCHS products was facing challenges. We had increasing stock outs, and our existing data was insufficient to fully understand and address the issue since it has been only a year this product line was initiated.
Action:
Although we do have a forecasting model to predict demand and other algorithms to trigger out of stock flags to warehouses to fill them, lack of data points on seasonality, supplier delays, compliance"See full answer
"I'd tell the interviewer that I'd start off with clarifying the question to make sure I understand it correctly (see 1 below). Then, I'd tell the interviewer my approach to make sure they know what to expect as I talk through. Approach would start with discussing the mission and connecting a north star metric (NSM) to the mission, then discuss key product metrics that are inputs towards NSM. If there's time at the end and if the interviewer wants to go down this path, we should also talk about t"
Michelle D. - "I'd tell the interviewer that I'd start off with clarifying the question to make sure I understand it correctly (see 1 below). Then, I'd tell the interviewer my approach to make sure they know what to expect as I talk through. Approach would start with discussing the mission and connecting a north star metric (NSM) to the mission, then discuss key product metrics that are inputs towards NSM. If there's time at the end and if the interviewer wants to go down this path, we should also talk about t"See full answer
"Lyft is a ride hailing platform where the users can request the rides on the app and the drivers can fulfill the rides based on their availability and willingness
Goal: So here we want to design a ride hailing platform for college students for there commute
From home to college
College -> Home
Inside campus
Why do we want to concentrate specially on students? Data analysis of existing ride pickup and drop location and time analysis
Hypothesis: A good share of rides are originating from"
Rutuja A. - "Lyft is a ride hailing platform where the users can request the rides on the app and the drivers can fulfill the rides based on their availability and willingness
Goal: So here we want to design a ride hailing platform for college students for there commute
From home to college
College -> Home
Inside campus
Why do we want to concentrate specially on students? Data analysis of existing ride pickup and drop location and time analysis
Hypothesis: A good share of rides are originating from"See full answer
"I liked the role of a TPM due to the opportunity to contribute to the multiple dimensions of software product development. As a TPM I need to collaborate with multiple teams like Engineering, Product, and other business functions, but I also get the opportunity to contribute to the technical aspects of the program/project. I can use my sharp analytical skills to identify/anticipate problems, and leverage my problem solving skills to unblock the teams. I orchestrate multiple teams effort to del"
A R. - "I liked the role of a TPM due to the opportunity to contribute to the multiple dimensions of software product development. As a TPM I need to collaborate with multiple teams like Engineering, Product, and other business functions, but I also get the opportunity to contribute to the technical aspects of the program/project. I can use my sharp analytical skills to identify/anticipate problems, and leverage my problem solving skills to unblock the teams. I orchestrate multiple teams effort to del"See full answer
"I use a data driven approach by ensuring there is a deep-dive on all alternatives. My approach to tradeoffs is around how to achieve the customer experience needed. I ensure there is an immediate path to green for a solution and a follow-up solution addressing the problem rightly."
Syed I. - "I use a data driven approach by ensuring there is a deep-dive on all alternatives. My approach to tradeoffs is around how to achieve the customer experience needed. I ensure there is an immediate path to green for a solution and a follow-up solution addressing the problem rightly."See full answer
"At RTI while working on content-based recommender system on our ecommerce site, we received request from one of our distributor clients to make the system not only suggest products based on their purchasing history but also exclusively push higher priced items, regardless of their actual needs or demand patterns, it was challenging situation because it contradicted the primary purpose of our system, which was value based, patient centric product recommendations.
To understand in this situation i"
Vihari K. - "At RTI while working on content-based recommender system on our ecommerce site, we received request from one of our distributor clients to make the system not only suggest products based on their purchasing history but also exclusively push higher priced items, regardless of their actual needs or demand patterns, it was challenging situation because it contradicted the primary purpose of our system, which was value based, patient centric product recommendations.
To understand in this situation i"See full answer
"First, clarify the scope of question:
1) what is the goal of the feature , engagement or monetization? : I assume this is user engagement as the google maps is a mature product and this feature can solve pain of the users driving vehicles and may be later extend this to a premium offering
2) do we have any geographical location to target ? : I assume India as I am familiar with the location and later if required, we can extend the solution to other geographies
let me summarize my understanding o"
Rohit K. - "First, clarify the scope of question:
1) what is the goal of the feature , engagement or monetization? : I assume this is user engagement as the google maps is a mature product and this feature can solve pain of the users driving vehicles and may be later extend this to a premium offering
2) do we have any geographical location to target ? : I assume India as I am familiar with the location and later if required, we can extend the solution to other geographies
let me summarize my understanding o"See full answer
"A good answer is describing an experience where you either proposed something that was selected after discussion or an alternate approach was taken, or you disagreed with a decision and argued for something else, either successfully or not. A good answer would be you had cogent arguments, the decision went another way for some reason, and you then fully backed the decision (agree to disagree is another way of stating it). You did not take it personally and you fully committed to the deci"
Mrinalini R. - "A good answer is describing an experience where you either proposed something that was selected after discussion or an alternate approach was taken, or you disagreed with a decision and argued for something else, either successfully or not. A good answer would be you had cogent arguments, the decision went another way for some reason, and you then fully backed the decision (agree to disagree is another way of stating it). You did not take it personally and you fully committed to the deci"See full answer
"Gardening product for Meta
Clarifying question:
Is this going to be a new product? Or part of FB/IG?
Gardening as a work? Pleasure?
Lets start with META mission - Meta’s mission is to bring people together and form a community.
In our case of gardening, it can be smart to solve the case of tips and questions, specially for users that just start to do some gardening. Its a nice hobby and can bring people to work together and support each other.
Users
I think I will go and seg"
Rita V. - "Gardening product for Meta
Clarifying question:
Is this going to be a new product? Or part of FB/IG?
Gardening as a work? Pleasure?
Lets start with META mission - Meta’s mission is to bring people together and form a community.
In our case of gardening, it can be smart to solve the case of tips and questions, specially for users that just start to do some gardening. Its a nice hobby and can bring people to work together and support each other.
Users
I think I will go and seg"See full answer
"Clarifying questions:
Revolut aim is to be one stop financial shop (super app) the cross border payments is yet another feature which makes cutomers come to revolut again and again to pay across borders, correct? If so, cross border payments is an important solution for Rev's overall mission and as a principal I would like to agree that whatever feature improvement we suggest should
Not take customer outside of Rev App
Should continue making Rev's cros border payments best in"
Rahul D. - "Clarifying questions:
Revolut aim is to be one stop financial shop (super app) the cross border payments is yet another feature which makes cutomers come to revolut again and again to pay across borders, correct? If so, cross border payments is an important solution for Rev's overall mission and as a principal I would like to agree that whatever feature improvement we suggest should
Not take customer outside of Rev App
Should continue making Rev's cros border payments best in"See full answer
"I depends on the severity of the bug and the impact of the new feature. Is the bug a blocker and is having direct impact on the business flow? Is the new feature mission critical and has a major impact on customer experience, revenue, business, etc. Conduct an analysis. Include key stakeholders in this discussion."
Kiran K. - "I depends on the severity of the bug and the impact of the new feature. Is the bug a blocker and is having direct impact on the business flow? Is the new feature mission critical and has a major impact on customer experience, revenue, business, etc. Conduct an analysis. Include key stakeholders in this discussion."See full answer
"Clarifying questions:
How much is the decline?
Since when have sales been declining?
Make sure that it has correlation with competition and not a premature assumption that can come from something internal (not external competition).
Is it all the stores? What is the variation in the dicline?
If you have stores that have 20% less sales vs some that are steady, it might be something related to the store experience specifically.
How does the decrease in sales compare to cities that ha"
Natalia N. - "Clarifying questions:
How much is the decline?
Since when have sales been declining?
Make sure that it has correlation with competition and not a premature assumption that can come from something internal (not external competition).
Is it all the stores? What is the variation in the dicline?
If you have stores that have 20% less sales vs some that are steady, it might be something related to the store experience specifically.
How does the decrease in sales compare to cities that ha"See full answer
"Awesome thanks for your question. Can I take a few seconds to write down some thoughts? - Sure
Okay I’m ready. So the way I’ll work through this problem is that first I’ll ask some clarifying questions, then I’ll dig into the why, starting with Facebook’s mission and competition and try to end up with a why for this product to exist. Then we will talk about users and will pick a user to focus on. We will then figure out which need to solve for the user given the product's why and the context we"
Jimmy K. - "Awesome thanks for your question. Can I take a few seconds to write down some thoughts? - Sure
Okay I’m ready. So the way I’ll work through this problem is that first I’ll ask some clarifying questions, then I’ll dig into the why, starting with Facebook’s mission and competition and try to end up with a why for this product to exist. Then we will talk about users and will pick a user to focus on. We will then figure out which need to solve for the user given the product's why and the context we"See full answer
"As a Product Manager for Instagram Reels, understanding Meta's investment in this product requires considering the broader competitive landscape, primarily TikTok, and Instagram's monetization strategy through ads. The focus on Reels is a strategic move to capture a share of the short-form video market, increase user engagement, and drive ad revenue.
Lets start with why Meta invested in Instagram reels
1. Competing with TikTok:
TikTok's explosive growth in the short-form video space pose"
R K. - "As a Product Manager for Instagram Reels, understanding Meta's investment in this product requires considering the broader competitive landscape, primarily TikTok, and Instagram's monetization strategy through ads. The focus on Reels is a strategic move to capture a share of the short-form video market, increase user engagement, and drive ad revenue.
Lets start with why Meta invested in Instagram reels
1. Competing with TikTok:
TikTok's explosive growth in the short-form video space pose"See full answer
"What is Meta Quest, Horizon world VR game? Horizons worlds is a platform that lets creators build worlds where real people can come and interact. This could be a gaming world, a socializing world, a marketplace, immersive experience, etc.
Why would people want to use Horizon worlds: Because it isn’t possible to always visit all places in person
I know that Meta has been encouraging creators at this time because the Horizon’s worlds needs a lot of worlds for it to be interesting for customers
Cus"
Sandhya P. - "What is Meta Quest, Horizon world VR game? Horizons worlds is a platform that lets creators build worlds where real people can come and interact. This could be a gaming world, a socializing world, a marketplace, immersive experience, etc.
Why would people want to use Horizon worlds: Because it isn’t possible to always visit all places in person
I know that Meta has been encouraging creators at this time because the Horizon’s worlds needs a lot of worlds for it to be interesting for customers
Cus"See full answer
"Clarify: I'm assuming that a workplace chat app is similar to something like Slack or Teams, which is a web app/mobile platform for employees to securely message each other directly or in a grouping (i.e. a channel). I'm also assuming that this workplace app is for a generic company, and not Microsoft or Salesforce.
Goals: Workplace apps serve a vital connective tissue within enterprises to allow employees to freely message one another and collaborate on projects. These services a"
William D. - "Clarify: I'm assuming that a workplace chat app is similar to something like Slack or Teams, which is a web app/mobile platform for employees to securely message each other directly or in a grouping (i.e. a channel). I'm also assuming that this workplace app is for a generic company, and not Microsoft or Salesforce.
Goals: Workplace apps serve a vital connective tissue within enterprises to allow employees to freely message one another and collaborate on projects. These services a"See full answer