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The power of strategic narrative | Andy Raskin

Andy Raskin helps CEOs align their leadership teams around a strategic narrative—a single story that powers success in sales, marketing, product, fundraising, and recruiting. His clients include Gong, Dropbox, Uber, Salesforce, Square, IBM, and many others. In today’s episode, we discuss: • What a strategic narrative is, and how to craft one • How having a strategic narrative can bring alignment to your entire company • Examples of strategic narratives in action • Who needs a strategic narrative and who doesn’t • Why Andy thinks about movements instead of categories — Brought to you by Coda—Meet the evolution of docs | Lenny’s Job Board—Hire the best product people. Find the best product gigs | Eco—Your most rewarding app Find the transcript at: https://www.lennysnewsletter.com/p/the-power-of-strategic-narrative Where to find Andy Raskin: • LinkedIn: https://www.linkedin.com/in/andyraskin/ • Website: https://www.andyraskin.com/ • Podcast: https://andyraskin.com/podcast/ Where to find Lenny: • Newsletter: https://www.lennysnewsletter.com • Twitter: https://twitter.com/lennysan • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/ In this episode, we cover: (00:00) Andy’s background (08:03) What is a strategic narrative? (10:34) How Salesforce would have pitched the old way (12:02) Examples of a strategic narrative in action  (15:23) How one piece of writing skyrocketed Andy’s career (16:40) The power of writing online (17:53) Two paths to writing online (19:27) Naming the old game (20:59) Naming the stakes  (23:29) Naming the objective (25:17) Naming the obstacles (26:35) Overcoming the obstacles (26:57) How the strategic narrative parallels the hero’s journey  (28:25) Telling one story well vs. being a good storyteller (29:18) The 5-step framework summarized (31:33) An example of the 5-step framework in action (36:12) The impact of shifting to the strategic narrative approach  (39:08) Companies that are nailing their strategic narrative  (40:36) Why Andy thinks about movements instead of categories (44:15) Should every company have a strategic narrative? (46:33) Signs that something is broken in your strategic narrative (48:53) Steps to get started on your own (51:36) How to reach Andy (51:53) Why the second session is the low point in the process (55:30) Why the CEO needs to be part of the process (57:40) Lightning round Referenced: • Salesforce: https://www.salesforce.com/ • Marc Benioff: https://www.linkedin.com/in/marcbenioff/ • Zuora: https://www.zuora.com/ • The Greatest Sales Deck I’ve Ever Seen: https://medium.com/the-mission/the-greatest-sales-deck-ive-ever-seen-4f4ef3391ba0 • Gong: https://www.gong.io/ • Tien Tzuo: https://www.linkedin.com/in/tientzuo/ • Want a Better Pitch? Master the “Move”: https://medium.com/firm-narrative/want-a-better-pitch-master-the-move-5fbee071ca7f • Star Wars: https://www.starwars.com/ • The Hero with a Thousand Faces: https://www.amazon.com/Thousand-Faces-Collected-Joseph-Campbell/dp/1577315936 • 360Learning: https://360learning.com/ • Nick Hernandez: https://www.linkedin.com/in/nicoconut/ • Amit Bendov: https://www.linkedin.com/in/amitbendov/ • Drift: https://www.drift.com/ • OneTrust: https://www.onetrust.com/ • “Shitty First Drafts” by Anne Lamott: https://learning.hccs.edu/faculty/pamela.golden/engl2327/shitty-first-drafts-by-anne-lamott/view • Story: https://www.amazon.com/Story-Substance-Structure-Principles-Screenwriting/dp/0060391685/ • Out of Sheer Rage: https://www.amazon.com/Out-Sheer-Rage-Wrestling-Lawrence/dp/0312429460 • Station Eleven: https://www.imdb.com/title/tt10574236/ • Fitbit: https://www.fitbit.com/global/us/home • Apple Watch: https://www.apple.com/watch Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com. Lenny may be an investor in the companies discussed.

Andy RaskinguestLenny Rachitskyhost
May 27, 20231h 2mWatch on YouTube ↗

At a glance

WHAT IT’S REALLY ABOUT

Shift from arrogant pitching to strategic narratives that mobilize movements

  1. Andy Raskin explains his concept of a “strategic narrative,” a single, structured story CEOs use to align marketing, sales, product, fundraising, and hiring. Instead of the classic “problem–solution” or “arrogant doctor” pitch, he advocates framing your company around a fundamental shift in the world—the move from an old game to a new game—and inviting customers into that movement. He breaks this into a five-part narrative structure and illustrates it with examples like Salesforce, Zuora, Gong, Drift, 360Learning, and HubSpot. The conversation also covers how to know when your narrative is broken, why over-focusing on “category creation” is limiting, and how leaders can start testing and iterating on a better story.

IDEAS WORTH REMEMBERING

5 ideas

Replace problem–solution pitches with an old-game–to–new-game movement story.

Rather than focusing on a customer’s pain and your features, start with a clear shift in the world (e.g., software → cloud, transactions → subscriptions) and position your offering as the way to win in the new game.

Name the shift and the stakes in concise, memorable language.

Powerful narratives hinge on sharp labels for the old game and new game (e.g., opinions → reality, top-down learning → upskill from within) and on showing real winners and losers so the future feels high-stakes, not neutral.

Define the object of the new game as a rallying cry for customers.

Articulate a simple, often question-shaped mission that expresses what winning now means (e.g., “What would it take to turn every customer into a subscriber?”); this becomes both customer rallying cry and internal company mission.

Reframe “problems” as obstacles on the path to the promised outcome.

Once the new game and its object are clear, you present specific challenges (measurement, process, tools, behavior change) as obstacles to winning that game, which makes your product’s capabilities feel necessary rather than nice-to-have.

Use the narrative as a strategic North Star, not just a sales deck.

A good strategic narrative guides product roadmaps, prioritization, marketing content, fundraising stories, and recruiting; leaders use it as a filter for what to build and how to talk, not just a one-off pitch.

WORDS WORTH SAVING

5 quotes

The traditional pitch is what I call the arrogant doctor: you have a problem, I have a solution, and I’ll tell you why mine is better.

Andy Raskin

Every movie starts with some kind of shift in the world. In business, that’s the shift from the old game to the new game.

Andy Raskin

This structure is really about defining a movement, and that’s very different from, ‘Hey, I’m going to solve your problem.’

Andy Raskin

A movie is a pitch. Star Wars is a pitch for how you should live your life.

Andy Raskin

A shitty first draft is a million times more valuable than a million great ideas.

Andy Raskin

Definition and purpose of a strategic narrativeOld game vs. new game framing (movement vs. problem–solution)Five-part strategic narrative structure and practical examplesImpact on sales, marketing, product strategy, and company alignmentRelationship to category creation and why naming isn’t enoughWhen and why companies should revisit or rebuild their narrativeHow to practically test, iterate, and roll out a new narrative

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