The lessons from "Cracking the PM Interview" can be applied in real-world product management scenarios in several ways. Firstly, they can help in forming effective working relationships with engineers, which is crucial for a PM. Understanding the mindset of engineers and appreciating the complexity of their work can lead to better collaboration. Secondly, the book provides insights into making informed trade-offs between time spent and the value of the work to the customer. Lastly, it encourages PMs to be hands-on and self-sufficient, enabling them to make minor product changes and gather data independently.

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Cracking the PM Interview

How do you ace one of the toughest job interviews there is? When you apply to be a Product Manager, you will be asked to make sound business decisions...

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Ability to form a working relationship with engineers. PMs have to work closely with engineers, understand their mindset and appreciate the complexity of their work. A good understanding of how long engineering work takes. PMs need to make informed tradeoffs between time spent and the value of the work to the customer. Hands-on and self-sufficient. PMs must be able to make minor product changes and gather data independently.

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Yes, there are several companies where Product Managers have successfully implemented the practice of making minor product changes and gathering data independently. For instance, at Facebook, Product Managers often run A/B tests for minor changes in the product and gather data to analyze the impact. Similarly, at Amazon, Product Managers are known to make minor tweaks to the product features or pricing and independently gather and analyze data to understand customer response. This practice is quite common in tech companies with a strong culture of data-driven decision making.

Real-world scenarios where a Product Manager's ability to form a working relationship with engineers can be crucial include:

1. Product Development: A PM needs to work closely with engineers to understand the feasibility of product features and to ensure that the product is developed as per the defined specifications.

2. Prioritization: PMs often have to make decisions about feature prioritization. Understanding the complexity and time required for engineering tasks can help in making informed decisions.

3. Problem Solving: When issues arise during the development process, a good working relationship can facilitate effective problem-solving and decision-making.

4. Innovation: Collaborative relationships can lead to innovative solutions, as engineers can provide valuable technical insights.

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