{ "media_type": "text", "post_content": "What are your thoughts on moving from analytics consulting in pharma (incentive compensation, forecasting) to strategy consulting? I recently made the same move as strategy consulting was something I was looking to explore for a long time but not entirely confident if I made the right choice. 4YOE here", "post_id": "60fdc8895a53750020485ddd", "reply_count": 8, "vote_count": 3, "bowl_id": "5aaaf7afc22dc30013dfee81", "bowl_name": "Healthcare Consultants" }

What are your thoughts on moving from analytics consulting in pharma (incentive compensation, forecasting) to strategy consulting? I recently made the same move as strategy consulting was something I was looking to explore for a long time but not entirely confident if I made the right choice. 4YOE here

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I've found strategy to be far more intellectually stimulating/high impact (giving you some more work satisfaction) - and it opens you to broader exit opportunities. A great move, in my opinion.

@zs associates 1 - why do you wanna move to strategy? How many years have you been working in analytics? I got pretty bored of incentive compensation and reporting tbh, didn’t see myself doing that long term. What team were you a part of at IQVIA?

Just left the IQVIA IC team. Strategy is definitely more exciting than ops stuff. Pharma IC is really simple and gets killed on budgets. At my firm before IQVIA, clients wouldn't bat an eye at a $100k/mo run rate if they wanted two full time SCs and a half time manager; IC projects, on the other hand, would always have light budgets with razor thin margins. There are plenty of exits because relatively few people are good at it and enjoy it, but every company needs it. That said, advancement opportunities after making the exit are limited. The team is great and there is plenty of work to go around, but pharma IC is tough to get excited about for years on end.

Thank you for sharing this! That’s exactly why I moved away from it. I worked on IC for approx 2 years and I feel like that was a little too much and a waste of my time. I always wanted to try strategy and I think I made the move a little too late. Should’ve done this a long time ago. I received a few offers outside of IQVIA in pharma for IC and I ended up rejecting most of them because I didn’t see myself doing it long term

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