Strategy 🐠, I'm curious about your day-to-day, and overall work what you actually do. Can you share?
I do business transformation and change management, but I'm curious to get into that side.

Is the bulk of your work slide making and creating a story to tell executives? How much data crunching, or data analysis do you do? On a project, what do you spend your time doing? A lot of research? Interviews?
Sorry I genuinely don't know and would like to know if I would enjoy the day-to-day work

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Strategy is a broad term and the answer here depends on phase of work in the strategy assignment, as well as specific focus of the strategy assignment.

Generally, strategy is focused on top line growth and focusing on “where to play and how to win” - there are parts where you’re doing a lot of workshops to gather a broad list of ideas, there are times when you’re doing hardcore research and interviews to understand the size of the prize, and there are times when you’re building slides to convey to decision making executives clearly what options are and what pros and cons are.

Many strategy projects will also have different work streams that may focus more or less on some of the different areas, and some projects that are one off “help us think through this problem” get lumped into “strategy” that may have different work steps as you go through the assignment.

In general, anything strategy focused is probably fairly high stakes (or perceived to be before you discover it isn’t), relatively short time frame, and gives some sort of education to frame a strategic decision for a key executive - strategy consultants are hired to do research and frame options / results for answering key questions.

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Yes it is lol

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Lots of definitions of strategy, but the one that I think about is any kind of client situation where the moves a client can make towards their desired outcome are orthogonal or asymmetric or otherwise outside of their span of control. Usually meeting that outcome will trigger some enterprise-wide adjustment or transformation in some way.

The day-to-day usually consists of:
+ using/creating logical frameworks to diagnose a client challenge and hypothesize a solution
+ desktop research and analysis on client’s org structure, stakeholder environment, trends, context etc
+ some kind of market analysis in Excel - sizing, forecasts under various scenarios etc. Sometimes more sophisticated models where necessary
+ stakeholder interviews to add qualitative layer to analyses and generate buy-in
+ creating slides to summarize insight (telling the story) and prioritize the actions that are within the client’s span of control to deliver the outcome they are looking for

likehelpful

Literally all of the stuff you just listed. It varies exactly what (day-to-day) based on where we're at in the development cycle.

The biggest challenge is the story-telling. Not because it's hard to craft a story, but because the selling points really vary based on which executive it's going to and what you need that person to do with the information. Sometimes one slide will need to pass an exec, then be good enough for that exec to take to two other execs and convince them too.

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F

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What specific strategic role are we referring to? your day-to-day and your responsibilities differ from one role to another.

Idk, humor me, whichever is your specific type

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