Hi everyone,
Asking for a friend of mine: He is evaluating offers from Oliver Wyman and Strategy&. Specifically, he is trying to compare and contrast each of these firms on the following categories:
Culture and people
Pace of progression
Exit opportunities/ prestige
Quality of work (He would like to be doing strategy projects)
Growth potential of the two firms (growth seems to have slowed down [5% p.a.] at OW over the last years, while S& seems to have gained traction recently)
TIA

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3 partners/principals in my old group at S& left to go to OW in the last year or so - it should say something about the culture..anecdotal, but still.

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Partners usually create the culture though.

Unless your friend is thinking of staying till partner, growth shouldn't be a big deal.

What level is your friend? I'd say if doing strategy is really important S& probably has a higher proportion of true strategy work.

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As for the other aspects, I think OW has faster promos if you are a high performer.

The lack of up or out also makes for very good culture overall and less of the cut throat culture issues that's been circulated around online forums about S&

Was at Booz and loved the culture, S& culture still good but maybe a bit more variable / dependent on team. Colleagues that have switched to OW pretty universally say they love the culture and it feels more like Booz used to be

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Lots of booze

What office

Would be for the NY office

Which industries of the 2 firms? In FS I would give OW an edge even though our FS practice has been performing well. For others, except IPS (industrial products and services), I would give S&

Deal group would also be a generalist in the sense of industry. I think it’s a very good group to be in. That case, I think the 2 options are similar, but I believe we pay higher (based on MBA hire)

Wouldn't put that much weight in growth. Your friend isn't going to be thrilled if it's growth from projects they don't like.

Fair point. On the other hand, I guess it's important as it might still affect your ability to progress if you want to stay in consulting for more than just 2-3 years

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