"You should be able to identify this as a Strategy Question, which asks you to justify high-level business decisions and strategy. Here are some ideas for risks to Airbnb:
Regulation
> I believe the biggest risk to Airbnb is regulation, both from local and foreign governments. Already, Airbnb is subject to onerous laws in foreign countries. For example, homes in London can only be booked for a total of 90 days in London, and in Japan hosts must apply and register their listing with the gov"
Exponent - "You should be able to identify this as a Strategy Question, which asks you to justify high-level business decisions and strategy. Here are some ideas for risks to Airbnb:
Regulation
> I believe the biggest risk to Airbnb is regulation, both from local and foreign governments. Already, Airbnb is subject to onerous laws in foreign countries. For example, homes in London can only be booked for a total of 90 days in London, and in Japan hosts must apply and register their listing with the gov"See full answer
"Understand what is the business objective behind the ask ? We should not be adopting trends just because everyone is adopting, it has to be tied to business objective
Once objective is clear - we need to determine feasibility and cost\benefit assessment by deciding on pilot candidates - since its bank, do we want to integrate this with mobile banking only ?
Once we decide on candidate - we will also need to decide on buy vs build decision ? If there are any fintech offerings (like Zell"
Hmm T. - "Understand what is the business objective behind the ask ? We should not be adopting trends just because everyone is adopting, it has to be tied to business objective
Once objective is clear - we need to determine feasibility and cost\benefit assessment by deciding on pilot candidates - since its bank, do we want to integrate this with mobile banking only ?
Once we decide on candidate - we will also need to decide on buy vs build decision ? If there are any fintech offerings (like Zell"See full answer
"I have often experienced my manager believing in something while I don't. The situation largely arises when the manager is under pressure of taking decision and has not spent enough time on researching about the decision. While I on the other hand have always spent time learning about issues right since we feel this is going to be a challenge in the near future. In such scenarios, I would believe something else base on my research while the manager would have some other belief based on his exper"
Vinit K. - "I have often experienced my manager believing in something while I don't. The situation largely arises when the manager is under pressure of taking decision and has not spent enough time on researching about the decision. While I on the other hand have always spent time learning about issues right since we feel this is going to be a challenge in the near future. In such scenarios, I would believe something else base on my research while the manager would have some other belief based on his exper"See full answer
Behavioral
🧠 Want an expert answer to a question? Saving questions lets us know what content to make next.
"Tell me about a time you were with someone on your team who was struggling to meet objectives.
How did you address the situation?
What kind of feedback did you give the individual?
What was the outcome?"
Jawahir Y. - "Tell me about a time you were with someone on your team who was struggling to meet objectives.
How did you address the situation?
What kind of feedback did you give the individual?
What was the outcome?"See full answer
"impact analysis - Facilitate triage with engg and PM to understand the impact to system/ users. and Severity of defect.
Work with Engg to estimate the fix and turnaround time to dev/test/release.
will this delay the launch? If no, great. Launch as planned.
If yes, call stakeholder meeting informing about critical defect, impact to system/users, estimate to fix and likely delay. Recommend delay launch due to criticality/severity of defect. Once get their buy in, present plan to fix, test and"
Adib M. - "impact analysis - Facilitate triage with engg and PM to understand the impact to system/ users. and Severity of defect.
Work with Engg to estimate the fix and turnaround time to dev/test/release.
will this delay the launch? If no, great. Launch as planned.
If yes, call stakeholder meeting informing about critical defect, impact to system/users, estimate to fix and likely delay. Recommend delay launch due to criticality/severity of defect. Once get their buy in, present plan to fix, test and"See full answer
",1:1s are a crucial part of my management approach. These meetings provide an opportunity to build strong relationships with team members, understand their needs, and ensure alignment with the team's goals. The way I do is I schedule 1:1s on a regular basis,typically weekly or bi-weekly, depending on the team member's preference and current workload.I encourage team members to contribute to the agenda by sending topics they want to discuss beforehand. This ensures that the 1:1 is focused on wha"
Scott S. - ",1:1s are a crucial part of my management approach. These meetings provide an opportunity to build strong relationships with team members, understand their needs, and ensure alignment with the team's goals. The way I do is I schedule 1:1s on a regular basis,typically weekly or bi-weekly, depending on the team member's preference and current workload.I encourage team members to contribute to the agenda by sending topics they want to discuss beforehand. This ensures that the 1:1 is focused on wha"See full answer
"Communication to stakeholders and replan with the early delay identified and also ensure the root cause is done as to why delay has happened."
Pradeep S. - "Communication to stakeholders and replan with the early delay identified and also ensure the root cause is done as to why delay has happened."See full answer
"As a Technical Program Manager at a software company, I was responsible for leading a project that aimed to implement a new feature in our software that would significantly enhance the user experience. The new feature required a significant investment in terms of time and resources.
During one of the weekly status update meetings with the company's leadership, I presented the project's progress and proposed a plan for the next steps. However, I failed to convince the leadership to allocate the n"
Anonymous Panda - "As a Technical Program Manager at a software company, I was responsible for leading a project that aimed to implement a new feature in our software that would significantly enhance the user experience. The new feature required a significant investment in terms of time and resources.
During one of the weekly status update meetings with the company's leadership, I presented the project's progress and proposed a plan for the next steps. However, I failed to convince the leadership to allocate the n"See full answer
"I'd do an audit of what we understand, the gaps and the risks.
What information do we have and how confident do we feel?
What assumptions do we have?
What do we not know?
What is the risk of making certain assumptions?
With this information, and a pulse of your team you can get an understanding of the risk level for moving forward. If the risk is high, you need to go back to leadership with the evidence and ask for more time.
**What's the risk if we don't launch on"
James W. - "I'd do an audit of what we understand, the gaps and the risks.
What information do we have and how confident do we feel?
What assumptions do we have?
What do we not know?
What is the risk of making certain assumptions?
With this information, and a pulse of your team you can get an understanding of the risk level for moving forward. If the risk is high, you need to go back to leadership with the evidence and ask for more time.
**What's the risk if we don't launch on"See full answer