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Innovative Product Launch

Innovative Product Launch

Your company is working on an innovative product, which is expected to be ready for launch in next three months. You have already spent $10mn so far and another $2mn is required to complete this project.
A new development has taken place. Only yesterday, you have come to know that your competitor is ready to launch a similar innovative product by next month. This product is better, packed with good features and is also less expensive than your product.
You need to decide whether to continue with the project and release $2mn budget for this project. What will you do as CEO?
Photo Adaptation : pixabay / illustrations / tag-label-new-red-shop-sticker /1703954
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The interview is a game and practice can boost the performance

Taking time to think and writing an answer to the interview question will help you prepare the script. Writing a response sharpens your thought process and gives an opportunity to review the response and make improvement to the script. You don’t need to memorize the answer.

Thinking through, writing and reviewing the response to the interview questions increases preparedness, boosts the confidence and reduces anxiety. It builds up a repertoire of stories for easy retrieval and you can now focus on delivery during the actual interview. Your confidence spirals upwards with each answer and increases the chances of a better outcome.

Prepare well before the interview. Know the common interview questions. Learn the dos and don’ts. Write, practice and improve your specific response either by yourself or by feedback from a family member or a colleague or a teacher. You will gain mastery through practice.

As they say, if you want to be good at something, then you must practice to learn, and grow.