What are the questions asked in the phone screening round virtually with the recruiter and the PM?

A company in a traditional sector like manufacturing or retail can apply the interview approaches discussed in the book by focusing on the candidate's ability to make sound business decisions with incomplete data. They can put emphasis on estimation questions and technical questions, assessing the candidate's technical, product, and analytical skills. The candidate should also demonstrate a strong understanding of the company's products, product strategy, and user goals. It's also beneficial to have at least one interviewer who strongly supports the candidate's candidature.

Strong technical, product, and analytical skills are crucial for a Product Manager (PM) role. Technical skills enable a PM to understand the feasibility of product features and communicate effectively with the engineering team. Product skills help in understanding the market, user needs, and in shaping the product strategy. Analytical skills are essential for making data-driven decisions, understanding user behavior, and measuring product success. These skills collectively help a PM to make sound business decisions, even with incomplete data, which is a key expectation in PM interviews.