Join a revolutionary consulting business Build something great

Transcription

1 Join a revolutionary consulting business Build something great

2 With PwC and Strategy& you get the best of both worlds: a proud, combined 250-year consulting legacy and the chance to build a new kind of consulting firm from the ground up one that is disrupting the entire industry.

3 Welcome to Strategy& Together, PwC and Strategy& have created the world s leading strategy-throughexecution firm. We saw that the consulting industry was rapidly converging so we made a bold move to lead that change and offer more value to our clients. We serve the world s top institutions and they are increasingly demanding practical strategies. They don t just want ideas they want ideas brought to life that help them gain advantage in fiercely competitive global markets. And today we are the only firm that is truly equipped to devise the right strategy and seamlessly execute it on a global scale. With PwC and Strategy& you get the best of both worlds: a proud, combined 250-year consulting legacy and the chance to build a new kind of consulting firm from the ground up one that is disrupting the entire industry. If you have bold ideas and a pioneering spirit, if you think like an entrepreneur, and if you want to build something great Strategy& is exactly the right place for you. Together, let s help our clients build the differentiating capabilities they need to win. Let s change the course of the consulting industry and create the industry winner. Join us and we will make it happen together. Cesare Mainardi CEO, Strategy& 1

4 Reinventing strategy consulting When Booz & Company combined with PwC in April 2014, a new kind of consulting firm was born. We had a big idea and it came to life when we launched Strategy&. On day one we vaulted to the front of our industry: bigger, broader, and better than anyone else at connecting strategy to impact. Together, PwC and Strategy& offer a unique, powerful, and distinctive combination of capabilities that allow us to develop and deliver transformative strategies: Proven track record a proud legacy of working with the world s leading institutions to solve their toughest problems Foremost in foresight incisive thought leadership that is unrivalled in its depth, breadth, and quality Functional depth access to an incredible array of skills in strategy, deals, tax, assurance, finance, technology, and operations Industry breadth the team to beat in virtually every industry with deep reserves of expert talent and resources Global reach massive scale in all major and emerging economies, seamlessly serving thousands of global clients We serve a portfolio of FTSE 100, Public Sector and top Private Equity clients and work with 425 of the Fortune Global 500. We boldly and proudly do strategy differently. We don t pack up and leave when it s time to execute. That s when we bring in the right talent at the right time to get the job done. We re perfectly placed to deliver lasting value to our clients and win in the market. And that s why Strategy& is the ideal place to accelerate your career and your future. 2

5 Together, PwC and Strategy& offer a unique, powerful, and distinctive combination of capabilities that allow us to develop and deliver transformative strategies. 3

6 Deliver practical strategies We are the team to beat in every industry, every function, and every geography. We ve always been known as practical strategists who roll up our sleeves to help clients get the job done. We ve distilled an approach to strategy that starts with the premise that a few differentiating capabilities drive identity and success. We help our clients identify and build those capabilities, develop strategies based on them, and deliver value by executing those strategies well. Together, backed by the strength and scale of the PwC network, we are driving even greater impact. You ll work with the best minds in the consulting business to develop and deliver pioneering practical strategies and support investment decisions. You will do this side-by-side with the world s most prestigious institutions, changing the way the world thinks about strategy and how it s done. Joining a high-growth business also means fast-track promotions and greater rewards, and offers a world of opportunities to gain experience across a range of industry sectors. Possibilities include: Consumer and Retail Communications, Media and Digital Energy, Chemicals and Utilities Engineered Products and Services Financial Services Health Industries Public Sector 4

7 If you have bold ideas and a pioneering spirit, if you think like an entrepreneur, and if you want to build something great Strategy& is exactly the right place for you. 5

8 Strategy& You. Accelerate your future. At Strategy&, you ll develop deep and well-rounded core consulting skills, focus on both C-suite corporate strategy work and M&A strategy, and progress quickly in a high-growth, industry-changing organisation. You ll use your entrepreneurial mind to challenge conventional assumptions and spark thoughtful debate with colleagues and clients, which is the best way we know to come up with fresher, smarter answers to our clients toughest problems. You ll challenge yourself with work that s difficult and complex, but also rewarding and fun. You ll join an unusually collaborative culture and work shoulder-to-shoulder in close-knit, high-performing teams and with clients to get the job done. It s an approach that reinforces trust, strengthens our reputation for professionalism, and is the cornerstone for the lifelong relationships you ll build. You ll work on challenging, varied strategic assignments. And we ll make sure you maximise your potential by leveraging world-class learning and development programmes and our mentoring programme, which will help you learn on-the-job and develop your personal strengths. You ll join an unusually collaborative culture and work shoulder-to-shoulder in close-knit, high-performing teams and with clients to get the job done. 6

9 Mentoring You re assigned to a senior and a junior mentor on your first day at the firm. Mentors are invaluable and they help you navigate our culture, along with staffing and other professional development processes. Training & Learning You ll start with intensive on-boarding training. This is followed by a strong and ongoing development plan including a number of in-person and online learning opportunities. Performance feedback Receiving ongoing in the moment feedback is part of our culture. We also use a formal appraisal process that involves feedback from seniors, juniors, and peers who are familiar with your work. 7

10 Spotlight Elena Chong Joined 2012 MChem Chemistry at University of Oxford Since joining Strategy&, I ve been building up my knowledge and experience across a range of sectors, including Financial Services, Energy, and Health. Last year, after working closely with the Energy, Chemicals and Utilities team for some time, I took the opportunity to go on a secondment to an independent Upstream Oil and Gas company for six months. I put all the consulting skills I had learned to the test, and was responsible for designing and building a workforce planning model for the organisation that took into account supply and demand of resources by capability and location. My role included leading bi-weekly meetings with Department Heads to share findings and presenting the results to the Executive Committee. As a result of the work done on my secondment, the client now has staff dedicated to workforce planning and incorporates this into their annual business planning process. Since the very beginning, what struck me the most about Strategy& was how friendly and welcoming people were. Before I had even started, I had offers to show me around the office, join social events, and help with any questions I had. The people are definitely the differentiating factor for the firm. There are also many opportunities available to get involved in wider office activities. Through the Strategy& support for The Access Project charitable scheme, I volunteer as a chemistry tutor for a student at a local school every Friday, and have attended the Strategy& Soccer Cup, which is hosted at one of our European offices each year. The firm has also awarded me sponsorship to pursue an MBA, so I m currently applying to top US business schools for Autumn

11 Marketing strategy for a travel company. A travel company approached us to review their marketing strategy to help them reduce spend and improve effectiveness. We began by carrying out detailed quantitative analysis on their marketing expenditure. They had taken a fairly traditional approach to marketing, using mainly TV, press, and brochures. There were a lot of issues stemming from the growing importance of digital marketing channels. We looked at the overall effectiveness of their marketing techniques in generating traffic through to point of sale, and the impact this had on sales and profit. Our approach and varied skills enabled us both to quantify the impact of existing campaigns, and to identify quite different options for the marketing strategy and organisation in the future. In-depth analysis revealed that a particular marketing campaign had little impact on profitable bookings, so we recommended a swift end to it. The savings could be immediately reinvested in more modern and electronicbased marketing, and we identified what was required to benefit from this. This influenced our next step to understand how the company communicated with customers throughout the customer journey. We recommended a more customercentric approach that would help create sales and revenue, and also make better use of the brand, drive higher levels of loyalty, and ensure an improved customer journey. In all, we advised changes to everything from website functionality and the travel advice available, to an after care service. The client has been extremely happy with our assessments and has commended us for significantly broadening our scope and truly going above and beyond to deliver impact. 9

12 Spotlight Avinash Rao Joined 2013 BSc Economics at London School of Economics After studying Economics at university, I wanted to find a job that would allow me to sample a variety of different industries, keep me intellectually stimulated and develop my skills quickly. Strategy consulting has allowed me to do just that I m a year in and it s been a great start. I really enjoy the mix of work about half of what I do is solving tough strategic problems for CEOs and other business leaders, and the other half has been advising top Private Equity houses on their M&A and growing their portfolio businesses. Since I joined, I have found my colleagues to be really approachable and sociable. They are always open to questions and keen to offer on-the-job advice, which has helped me transition quickly and easily from student life. In the time I have been here, I have had the opportunity to work on a variety of projects across both corporate and M&A strategy, from finding potential new markets for a leading construction company to designing the optimal business model for a mobility aids retailer. One that stands out for me involved supporting a private equity firm in identifying and assessing growth opportunities for a business they were considering investing in. I was quite surprised with the level of responsibility given to me ranging from assessing the target company s competitive advantages to presenting directly to senior executives at the Private Equity firm. Working on this project encouraged me to challenge myself, and helped me develop both my soft and technical skills. 10

13 M&A strategy on the sale of a major cinema chain. When a large cinema chain was put up for sale, we were hired to advise potential bidders. The purpose of our work was to educate potential buyers on the business and its markets, while giving an independent view on the business performance. To make sure interested parties understood exactly what this company was about, we reviewed the market and competitive environment, covering issues such as the benefits and limitations of 3D films and cinema screens. We worked closely with the client s senior management to understand their strategy in areas such as 3D, alternative content and concessions, and carried out our own proprietary research to assess the strategy. The client hired us because of our extensive experience in the cinema sector and our knowledge of the business. We re known for being analytically rigorous, and the company knew using us would ensure the work was credible. We covered all the issues authoritatively and established credibility with the potential buyers. We had great feedback from the bidders on our report and sector knowledge. The company was then sold to private equity investors who we later advised on how to increase the performance of the cinema chain and increase its value. 11

14 Spotlight Tanya Bencheva Joined 2012 BSc International Management at University of Warwick with exchange year at Cornell University After studying business, consulting seemed a natural career choice for me. I ve particularly enjoyed learning on-the-job which has helped me build a broad range of skills. In fact, when I look back over the two short years I ve been here, it s incredible how much I ve learnt, and the variety of experiences I ve had so far. These include helping two global telecom operators with their international expansion strategy and developing a differentiation strategy for a multibillion-dollar pharmaceutical company. In another project I had the opportunity to present to the board, which was unlike anything I had ever done before. I ve had quite a few opportunities to work abroad too. So far I ve had projects that have taken me to Qatar, Canada, Germany, and France. Although we work hard, interests outside of the office are appreciated and respected. Despite a busy schedule and international travel, I still manage to do Ballroom & Latin dance at least twice a week and have even started a dancing community here. 12

15 Building a supply chain in developing countries for a Global FMCG firm. When a Global FMCG* client came to us with a new business strategy focused on entering high-potential emerging markets, we knew that our knowledge and expertise could have a significant impact on their business. Switching focus from lowgrowth developed markets, such as Europe and Asia, to highgrowth developing markets, such as Africa and the Middle East, brings huge opportunity but also huge challenges. One of these challenges for our client was changing the business supply chain to accommodate the new countries, products, and customers they were now doing business with. As trusted advisors to the client for many years, the US and UK Strategy& team worked directly with the client s Global Head of Supply on all aspects, from strategy design right through to execution. We developed strategies, processes, tools, and pilots to build and test a new supply chain capable of delivering to 118 new markets. Our process was detailed and thorough we scrutinised the design to ensure it completely aligned with the client s overall business strategy, was sufficiently adaptable to flex in more volatile high-growth markets and would operate effectively once Strategy& had left the project. The result has been a major success. Products are getting to where they need to be and the new strategy has been widely publicised as a shining example to follow for other companies looking to do the same thing. That s meant new business for Strategy& and for our Global FMCG client all over the world. *Fast Moving Consumer Goods 13

16 Build an extraordinary career Seize endless opportunities Learn every day through on-the-job training Align, over time, with an industry or function you re truly passionate about Forge a flexible, exciting career that can take you all over the world Build a lifelong network of inspirational colleagues and clients Associate Consultant Typical Undergraduate and Masters entry point. You ll develop strong core analytical, communication, and problem solving skills and add value as a powerful contributor to client outcomes. Every team member has a voice at Strategy& and we expect to hear yours. Senior Consultant PhDs typically join at the equivalent stage of a graduate hire with 1 to 2 years experience with the firm. You ll be given increased ownership for more complex problems, working side-by-side with your peers. Entry point for new hires from an MBA programme, or for those who have progressed from graduate entry level. At this level, you ll own and run discrete work streams within projects. You ll work closely with clients and their teams to identify, clarify, and crack complex problems critical to clients success. Over time, you ll build expertise in your chosen area and start to guide junior team members. MBA Sponsorship (for qualified candidates) If it s right for you, we ll make sure you maximise your potential and provide the opportunity to be sponsored for an MBA at one of the world s leading business schools. 14

17 Partner Senior Associate You ll manage full client projects, planning and prioritising work to meet the client s strategic objectives. You ll directly manage and coach each Strategy& team member and you ll hone your client management skills as the day-to-day relationship owner. Strong project and people management skills are essential. Principal You ll bring innovative ideas and thought leadership as you guide teams across multiple engagements. You ll work closely with senior-level clients to tackle their most pressing challenges, acting as their trusted adviser. You ll take increasing ownership for business development, as you train to be one of our partners of tomorrow. As a Partner, you ll set our firm s strategic vision, owning key C-suite and major investor client relationships, driving new business and creating thought leadership that positions you as a clear industry and functional expert within your field. 15

18 What we look for We look for a rare combination of razor-sharp intellectual ability, commercial awareness, analytical skills, flexibility, teamwork, and the confidence and credibility to present your opinions to senior clients. This isn t a routine 9-to-5 job. Rigour and curiosity are vital if you re to tackle the issues that keep business leaders up at night. You ll be highly motivated and ambitious. Someone who is hungry for early responsibility, client interaction, and the chance to make a difference from day one. We also look for people who bring something more to our work than their academic credentials. Like the selfdiscipline and team working skills that stem from a sporting background; or leadership qualities gained through work experience. The ability to speak more than one language is another big plus. What you need: 2:1 in any degree subject and at least a 340 UCAS tariff 16

19 How to apply 1. Research At the interview, you ll need to explain why you want to join us and what you can bring to the team. Visit and start exploring the work we do. 2. Get online You need to apply online at. Once you have filled out an application form and submitted your CV and a covering letter, we ll invite you to complete some online tests. These need to be completed by 10 November 2014 and we ll contact you after this date if we d like to progress your application. 3. First assessment Lasting half a day, the assessment will include numerical and logical reasoning tests, a written exercise, and two case study-based interviews. For one of the case studies, you ll be provided with materials to review for 15 minutes ahead of a formal case study discussion with your interviewer. For the other, you ll not be given materials to review in advance. In both, you ll need to talk through your responses and be challenged by your interviewer. 4. Final assessment You ll have two further case interviews following a similar structure to those at the first assessment but with more senior interviewers. We ll also test your team working and presentation skills. This will include a presentation exercise with a Partner or Director. Afterwards you ll have a tour of our offices and the opportunity to meet people from our team. 5. Offer After the final stage interview, we ll tell you whether we d like you to join us as soon as possible. We ll then invite you to an event to get to know some of our team, and also meet some of your potential peers. 6. Pre-employment screening Accept our offer and we ll check your grades and job history, so please make sure everything s correct before you send us your application. 7. Before you join The support starts as soon as you say yes. You ll be assigned a buddy who will be in touch well before your first day, and will help you to get settled in. All applications need to be made directly to Strategy&, this includes applications that may have previously been made to PwC s strategy consulting practice. 17

20 Build something great Build companies Work shoulder-to-shoulder in high-performing teams and use your entrepreneurial flair to come up with fresher, smarter answers to our clients toughest problems. You ll challenge the status quo and make a real impact on the world s leading institutions. Build capabilities Help our clients develop practical strategies and take them from concept to reality with seamless execution. Your leading thinking will help clients get ahead and stay ahead in a rapidly changing global marketplace. Build careers When your skills and passions align, the opportunities are endless, especially when you re part of a global business that s growing exponentially. You ll focus on strategy work with C-suite clients, help change the way the world thinks about strategy, and accelerate your career and your future PwC. All rights reserved. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see for further details.