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LOL @"OpsDude" thinks that Strategy& is a pure strategy role...
The way I understand it is that strategy& does the strategy work and then PwC MC comes in to do the execution work, is this incorrect?
Strategy& =/= Deloitte S&O.
Strategy& = Monitor Deloitte, which is one of the areas under Deloitte S&O that is focused exclusively on corporate strategy and business transformation.
Therefore, most people are not comparing apples to apples.
Long time lurker here- always interesting to hear peoples' opinions on this board.
I would say that it's not a completely accurate analogy- Strategy& also does some of the human capital/organizational change, operations and technology strategy work that other parts of Deloitte do. It might be slightly "better" in the sense that legacy Booz was considered a more prestigious company and continues to do work in some practices that would be considered on par or even better than MBB (depending on the firm and industry/function you are comparing Strategy& with). On the other hand, Deloitte is making good progress as well. I'm interested to see Strategy& tussle it out with Deloitte S&O and Oliver Wyman for the distinction of best second-tier firm... which is probably meaningless if you care about consulting as a learning experience.
In short, having been with one and having gone through recruiting with the other, go with the culture that you like more. My opinion is that consulting can be a grind sometimes and that the most important thing is to end up with people that you actually want to be friends with.
^^ This.
culture is important, the tricky part is when you like both.
Strategy& is just a name given to Booz & Co. after the PwC acquisition. The name does not mean they only provide strategy consulting services. Deloitte might be perceived as better than Strategy& on this board because of revenues? More revenues means more clients which leads to a variety of exposure and more opportunities. I interned with PwC this summer, a third year consultant mentioned that Strategy& will be fully integrated with PwC Advisory (PwC Advisory is the name of their Management Consulting services) by April next year.
As mentioned by @itsalwayssunnyinflorida you should go with the culture you feel is a best fit for you. Consulting consist of 70-100% travel (depending on industry and office location), long hours and a ton of interactions with your team members throughout your engagement.
Go with the firm you jell with most.
Always kind of got on my nerve since I saw Deloitte/PwC/ACN/E&Y/IBM do exactly the same work, compete for the same work and have people move around between the firms. Over the years, these are the reasons I have gathered: - Deloitte started target school recruiting (both for undergrad and MBA) well before any of the other firms I just mentioned. Head start in campus branding - Unlike other firms, they call the entire thing Strategy & Operations, making everyone think its more strategy than anything. Most other firms call the thing management consulting and break the groups up pretty quickly - Deloitte GSAP is a big incentive to go to MBA and they prep you well for the process. This means they have a strong on campus presence, higher MBA admissions and better branding - They do a good job of getting involved on campus. E.g. Deloitte Case Competition probably gets the most hype among all I'll call it better branding than anything else. It's clearly evident when someone wants to become IT Analyst at Deloitte over strategy somewhere else or tries to think Deloitte Human Capital is better than any of the other HR groups (and mostly you are doing IT Implementation Change Management everywhere). And talking with the S&O people at my MBA program who started as analysts there, the hours were definitely on the high end for comparable firms.
"- Unlike other firms, they call the entire thing Strategy & Operations, making everyone think its more strategy than anything. Most other firms call the thing management consulting and break the groups up pretty quickly"
Ya, I find this interesting too. Accenture, generally viewed as tier 3, has ~9000 management consultants, and about 1000 strategy consultants within that umbrella. At my mba program, they are recruiting for their pure strategy role, but people still prefer Deloitte strongly, even though Deloitte is 50-70% execution work. A lot of those people explicitly say they want to do Strategy work too.
I think this is the push behind the "new" Accenture Strategy; a re-org that occurred in December 2013. You can now come in as an MBA and be a Strategy Generalist for ~1yr, before then specializing into an industry. It's an attempt to draw in some talented people who aren't interested in the implementation/execution game as much. The offer is comparable to Deloitte S&O
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