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In this episode, I speak with Atif Rafiq about how senior product leaders approach strategy development and execution. Atif brings valuable insights from a recent PDMA executive workshop where leaders discussed their real-world challenges with strategic decision making and innovation strategy.
In this episode, I’m interviewing Atif Rafiq, who recently led an executive workshop at the PDMA conference, where senior leaders discussed challenges they face, including navigating ambiguity and making decisions with more clarity. In this episode, he shares some insights from that workshop and his experience in product leadership. Atif has spent 25 years working in both Silicon Valley and Fortune 500 companies, including leadership roles at Amazon, McDonald’s (as their first Chief Digital Officer), Volvo, and MGM Resorts. He has developed a systematic approach to problem-solving that forms the basis of his book, Decision Sprint: The New Way to Innovate into the Unknown.
During our discussion, Atif identifies three main challenges that senior leaders face when developing and implementing product strategy:
Organizations often struggle to get everyone moving in the same direction:
Challenge Area | Impact | Common Problem |
---|---|---|
Problem Understanding | Teams interpret issues differently | Resources going to wrong priorities |
Stakeholder Views | Departments focus on different goals | Competing objectives and metrics |
Customer Focus | Too much focus on one perspective | Missing business or operational needs |
Atif explains that product leaders often struggle to gather useful input and work effectively across teams. Common problems include:
While many organizations value testing ideas, Atif notes several common issues:
In our discussion, Atif introduces “purposeful exploration” – a structured way to investigate and test product opportunities. This method helps organizations find balance between rushing into solutions and getting stuck in endless discussions.
Element | Purpose | Activities |
---|---|---|
Problem Definition | Get clear about the challenge | Talk to stakeholders, analyze data, study market |
Question List | Identify what we need to learn | Team workshops, AI-assisted research |
Testing Strategy | Check our assumptions | Small pilots, focused tests, data gathering |
Making Sense of Results | Draw useful conclusions | Analysis, recommendations, team alignment |
During the workshop, Atif walked the senior leaders through an exercise to get buy-in for a coffee subscription service at McDonald’s. Three different groups crafted a problem statement related to this idea and then identified key questions they needed to answer. This example demonstrates how to balance different business needs when exploring a new product idea.
The teams identified key questions, including:
Business Area | Key Questions | What to Explore |
---|---|---|
Revenue Impact | Will subscribers visit more often and buy food? | Visit patterns, additional purchases |
Operations | Can stores handle increased coffee orders? | Service speed, staff needs |
Customer Value | How does this work with loyalty programs? | Digital integration, easy redemption |
Business Model | What makes this profitable? | Pricing levels, program guidelines |
Next, each group shared their questions with the others, and they used AI to compare the breadth and depth of the questions.
Atif emphasizes the importance of early work—the foundation-setting activities before product development starts. He notes that this phase often determines success or failure.
Activity | Purpose | Result |
---|---|---|
Problem Definition | Get clear about the challenge | Shared understanding |
Question List | Identify unknowns | Focus areas |
Team Alignment | Build agreement | Clear direction |
Resource Planning | Ensure enough support | Available resources |
During our discussion, Atif introduces Ritual, a tool he and his team developed to support strategic decision-making processes. Ritual combines workflow management with AI capabilities to help teams move from initial ideas to solid recommendations. The tool reflects Atif’s experience leading organizations through strategic decisions, incorporating features that support building and running explorations, gathering team input, and producing strategy documents.
Workshop participants using Ritual noticed significant improvements in their exploration process, with AI assistance helping teams work up to ten times faster while maintaining quality. The tool helps teams develop strategy memos and recommendation documents that include context, problem statements, goals and constraints, key issues, analysis insights, and final recommendations. While Atif emphasizes that good strategic thinking remains fundamental, tools like Ritual can help teams work more efficiently and maintain consistency in their strategic exploration process.
Atif recommends these steps for using these ideas:
Throughout our conversation, Atif emphasizes that product strategy works best when teams balance thorough analysis with timely action. The methods and frameworks we discussed can help product leaders work through strategic challenges more effectively.
Remember that improving how you make strategic decisions takes time and practice. Start with small changes, see what works, and adjust your approach based on results.
“There are one-way doors and two-way doors.” – Jeff Bezos
Atif Rafiq invented a system for problem-solving based on his 25-year career spanning Silicon Valley and the Fortune 500. His ideas proved so impactful as a competitive advantage that they sped his rise at Amazon and later to C-suite positions he held at companies, including McDonald’s as their first Chief Digital Officer, and at Volvo and MGM Resorts.
He wrote DECISION SPRINT: The New Way to Innovate into the Unknown and Move from Strategy to Action based on what he learned leading organizations from a product perspective.
Thank you for taking the journey to product mastery and learning with me from the successes and failures of product innovators, managers, and developers. If you enjoyed the discussion, help out a fellow product manager by sharing it using the social media buttons you see below.