“Yeah I’ll just exit to MBB”

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This topic cracks me up. I see so many people, especially new hires, think strategy work is some kind of sexy thing where they come in and basically save the world every other day while doing the most fulfilling thing they could imagine.

In reality you're making slides for 12+ hours per day likely including weekends. Enjoy.

likefunnysmart

Agreed.

Did a PMO after a string of strategy cases. I actually enjoyed getting real sh!t done vs just structuring arguments and analysis. Made me realize that strategy work is 80% BS. Although... it is hard to see that when you are not in a management position. Doing PMOs without the broader context can be very annoying and unfulfilling vs doing a meaty analysis. Grass is always greener I guess.

likesmart
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Haha this was me. Did exit to MBB 🙌🏻 still not doing strategy work though

likefunny

You can exit at pretty much any level (including pre-MBA)- we’re always taking experiences hires, that’s how I got in

On a PMO here

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Same. In these times, PMO is pure misery

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I want the strategy work money but not the hours #thedream

likesmart

Makes me laugh every time. You want to consult the client strategically? Ok let me know when you've spent 20 years in the same industry.

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That's not at all what they said. Someone's gotta do the paperwork.

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Lol they don’t care about the work, strategy is just code for wanting to be paid 1.5-2x more

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^^^the accuracy

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Why are people obsessed with strategy work. I was just on a strategy case and the hours were ridiculous

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Not tech implementations, but like risk model implementation/construction/review.

Remediation projects are also implementation heavy

I usually empathize just ask them to define what strategy work is. They either jabber nonsense (and realize it) or I can take the work they doing and fit it into the definition they just gave

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So what is it? Starting MBA in the fall and a part of my story was that I want to get out of the federal space and become a "strategy consultant," though honestly I don't think I could define it...

Done both implementation and strategy and honestly both have their downsides. Unless you’re on a very interesting implementation and not just doing status reports and follow up emails all day, I’ll take strategy any day

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Strategy work is just phase 0 for selling 6-18mo implementation work.

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cdd/odd > strategy

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Some of my friends say they did not like strategy work vs tech work. How true is that ? Their complaint is “yeah, we build slides that defines roadmap, 5 yr plan etc but it’s not close to seeing a working software that can be deployable”.

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I work in cyber implementations and have done related strategy work. For me, the strategy work was mind numbing. You're meeting with people for 6-8 hours per day to listen to them complain and/or defend bad practices so you can spend another 4-6 hours putting it into slides which you redo 50 times because the director and/or partner can never decide what they want.

By the end of it you have some 50 slide monstrosity and you're lucky if the client actually listens to and follows through on a quarter of it. More often than not they'll cherry pick a slide or two that fits their agenda and shelf the rest.

If you're doing pure strategy you won't see them complete the journey. You deliver your slides and ride off into the sunset. If you're lucky and they chose you for the implementation and actually stick to the plan, it can be rewarding but they probably won't.

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Yup! I worked at MBB, then in one of the Big 4's Strategy teams. I did more strategy work in Big 4 than when I was at MBB. After having been around the block a few times, I've seen most of the real strategy work is done in industry by the CxO-EVP team and CorpStrat teams, and then when they run out of capacity, the companies hand off the 2nd tranche of priorities to the consultants, or get consultants to do some extra validation of their plans.

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