Can you provide an example of a business strategy you developed and implemented as a General Manager and elaborate on the results or impacts?

How To Approach: Associate

  1. Identify a startup or business you worked in.
  2. Describe the business problem you encountered.
  3. Explain strategic plan you developed.
  4. Discuss the outcome and changes post-implementation.

Sample Response: Associate

I previously worked as a Strategy Consultant for a tech startup facing stagnant growth. As part of the team, my role was to identify the key points of attrition and devise a revitalized business strategy.

Analyzing the business environment, we identified our lack of user engagement as the primary issue. To counter this, we devised a customer-centric strategy that integrated cross-platform marketing campaigns with deeper personalization and enhanced customer service.

Post-implementation, we saw positive shifts in key metrics. Customer acquisition rates improved by 15%, retention rates increased by 20%, and overall user engagement rose significantly. These changes laid the foundation for a more sustainable growth trajectory, demonstrating the transformative power of strategic planning.