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Strategy&

Part of PwC

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Strategy& reviews

3.8

66% would recommend to a friend

(1,414 total reviews)

Leslie Moeller

62% approve of CEO

50% positive business outlook

Strategy& has an employee rating of 3.8 out of 5 stars, based on 1,414 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Strategy& employee rating is in line with the average (within 1 standard deviation) for employers within the Management et conseil aux entreprises industry (3.7 stars).

Reviews by job title

1K reviews
1.0
Dec 15, 2019

Run away from it as fast as you can

Recommend
CEO approval
Business Outlook

Pros

- General consulting prestige (although to a much lesser extent than MBB) - Lots of travel, hotel points, and free meals, if that's your thing

Cons

- Deeply disruptive culture, and very poorly integrated with the rest of PwC. There is a clear pecking order in the company: if you're at the firm, you implicitly look down on PwC management consulting. If you're PwC MC, you look down on PwC tech consulting, and so it goes. - Senior management is snobbish, arrogant, and smug towards younger employees - Exit opportunities are ridiculously different than MBB. Don't ever let anyone talk you into believing that it (or Deloitte and other firms) is close to MBB. It is not. - The company is massively understaffed (because - surprise! - the right talent is running away). The result is that everyone is overworked and, more often than not, admittedly unhappy. - The work that you do is not truly interesting, and you're typically just told by your managers to create a BS narrative that is compelling enough for your clients to fall for - even though everybody in your team knows it's false. The objective is to sell more work, not to do good work. I cannot overstate this enough. - Company culture is not welcoming of people leaving after a few years to pursue different opportunities. While MBB encourages you to do that, at the firm, there are no programs to support you in your journey, and bringing up any such interest is very poorly looked at. - The firm is constantly trying to cut costs, and even though it likes to brand itself as "tech-savvy," the reality is that the tools and equipments that you use can barely operate Microsoft Excel. - The alumni network is very weak and, while working at Strategy&, you will have little to no opportunities and time to expand your work outside of the firm. - "Hustle porn" is encouraged and rewarded. Most of what you do is showing that you're working hard, rather than doing great work. That means that you will work late at the office (rather than remote), over the weekends, and so on - even though, a lot of times, the work you do will be wasted and never make it to the client (more often than not, you can tell that will happen before you start the task). - Many of the partners and senior management I've met are either still single or divorced. Although they might not say, you can very much tell that their work has completely disrupted the rest of their lives. Most of them seem okay with that.

3.0
Apr 11, 2017
Recommend
CEO approval
Business Outlook

Pros

I've personally been staffed on very interesting projects - quintessential pure growth strategy projects. Of course, experiences may vary, so take mine as a single data point. It's generally well-known internally that Booz consultants get better projects than our peers at McKinsey and BCG. (Bain doesn't often even compete with us on strategy projects.) PwC, being so well-connected, has helped us land pretty big new clients as well. Believe it or not, a lot of senior management at Fortune 500 companies either aren't too concerned with or aren't aware of consulting brands. They're much more pragmatic, and won't choose somebody because of the name of the firm. (How else would there be a market for boutique firms?) Even though the BBA/MBA recruiting world thinks of "MBB" - probably solidified by Victor Cheng and Marc Cosentino - it's probably undeservedly so, and the post-consulting world seems to recognize that. I get plenty of head hunts, even as early as a few months into the job. I have no concerns whatsoever about my exit opportunities should I choose to leave one day.

Cons

I'm aware of some Senior Associates who have been let go before even starting their first project. I think that's a very highly unethical employment practice. Morale has probably improved in the past year or two, but is still pretty low, and when anybody is on the beach for more than a week, they get really nervous. For Associates, Senior Associates, and Managers, this should never happen - it is completely out of their hands. There is absolutely no culture or firm identity anymore. The old Booz days had a much better office culture, and the integration of some PwC management consulting folks was definitely a mistake - they are obviously not capable of managing a strategy project, resulting in a greater burden placed on the rest of the team. I haven't had the pleasure of working with many good Managers, and many of those who are considered "good" by Partners and Directors are really only good at project administration (i.e. dealing with PwC's bureaucracy), but with no real ability to see the bigger picture or really drive the project forward. This is likely due to a lack of real mentorship, despite the "relationship partner" model.

1.0
Jun 11, 2015

Loss of 100 year old legacy

Recommend
CEO approval
Business Outlook

Pros

- learned a ton from amazing colleagues - developed a nurturing and caring spirit for clients - my learning laid the foundation for my career and success I am seeing now

Cons

- little regard for personal needs and bad work and life balance - governance model that allowed old selfish farts to cash in on their equity and sell the firm

Viewing 25 - 27 of 1,414 Reviews

Glassdoor has 1,910 Strategy& reviews submitted anonymously by Strategy& employees. Read employee reviews and ratings on Glassdoor to decide if Strategy& is right for you.