Consulting

Strategy& (fka Booz). What happened to them?

likefunny
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works at

Unsure why S& gets so much hate, I would argue outside of MBB it is the #1 consulting firm.

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likefunny
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Honestly same

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From where I sit things are great. I was with Booz before the integration, things weren’t perfect then either. The name is stupid. Granted. Name aside, we’re selling and delivering interesting work. Our biggest problem is that we don’t have enough people on the bench to work on BD / IC. Some groups lost more Booz partners than others (Oil & Gas & Auto for example) other groups fared much better. The misconception is that partners that have joined S& have all been absorbed from PwC MC. That’s been the exception not the rule. Most partner growth has been a combination of internal promotion (of legacy Booz directors) and external recruitment - in my group ~6 ex BCG partners in three years, some OW, and others. Comp is excellent (MBB equivalent at least to the Manager level, and Partner is close but also has the PwC pension scheme - pretty damn strong), work is interesting / strategic and we’re experiencing rapid growth. There are plenty of haters out there, but I’d submit that whatever challenges we face are common for most if not all of our peers.

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From what I can see, things over here could hardly be going better. We have a ton of excellent and impressive people (lots of ex-Booz folk in my office, as well as more recent hires from top-10 MBA programs). We’re extremely busy, got a solid pipeline, development/progression is fast, and the pay is great. We’re investing heavily in the differentiated brand from PwC and the culture feels strong. S& was firmly my top choice outside MBB.

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likeuplifting
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They’re around. They sell work. I would assume they’re growing because I see a lot of LinkedIn job posts from them.

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I think most consulting firms over the last 5 years have been seeing at least double digit growth - at least from some internal competitive analysis

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likesmart
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