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How to position myself in the firm?

positioning
New answer on Feb 22, 2021
6 Answers
747 Views
Anonymous A asked on Dec 28, 2020

My team provides M&A related services, such as commercial DD, marekt assessment, valuation service, etc. That said, around 80% of the projects are finance related projects. I am currently feeling a bit "lost" of my value and position in the firm. I am hired as a strategy specialized guy in my firm. However, most colleagues (the finance people) think that strategy is kind of vague and is about talking high level stuffs.

Finance people also think that they can do the strategy stuffs, while it is not possible vice versa. In such environment, I find it hard to demonstrate that strategy skillsets are hard skills that require a lot of time and effort to develop, and is a specialized skill set. Could you provide some suggestions as to enhance my value proposition and make the strategy skillset my "strong selling point"? Thank you so much!

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Best answer
Adi
Expert
Content Creator
replied on Dec 28, 2020
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience

Hey there,

This is a difficult one and takes some time in Consulting to get right. Think of following:

Is your work well know?

Work hard & produce high quality work. Get regular feedback from clients (as many as you can). Pace this but dont hound them for feedback every month. Internally in the firm make sure to present any key successes, assets etc through webinars, brown bag sessions. Publish your work (if you can) in internal knowledge exchange for others to learn from. Do everything you can to make sure people get to know that you are doing great work which is adding a lot of value to clients and the firm you work for

Hows your personal brand & reputation?

Do key senior people know who you are? Do you know what you are good at? Visibility is so critical like it or hate it. You have to get in front of as many people as you can and regularly.

  • What are your hard functional skills e.g. M&A due diligence or Cost Reduction strategy or supply chain strategy. Hope you get the point
  • Which industry/industries you know about or are you more x-industry
  • What is the tangible impact of the work you have done so far e.g. worked with senior C-suite clients in 3 industries to design xyz strategy & create implementation plan
  • Hows you work directly adding value to clients to the firm and people around you

Put everything together in 4-6 sentences and land this pitch with people. Make them aware of your ambitions, career progression and ask for coaching on how to be successful. Involve them in your journey.

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Gaurav
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replied on Dec 28, 2020
#1 MBB Coach(Placed 750+ in MBBs & 1250+ in Tier2)| The Only 360 coach(Ex-McKinsey + Certified Coach + Active recruiter)

Hello there!

I understand how you feel, but positioning yourself takes time, so try to stay patient.
Here are some small things you could do towards great success:

  1. Continue working hard and what's more important, everything should be done perfectly.
  2. Ask clients for feedback (but not too often).
  3. Try to make others get to know you by being visible.
  4. Don't hesitate to ask a coach for help, if needed.

Be proactive and the result will come soon!

Good luck!
GB

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Ian
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replied on Dec 28, 2020
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

This is a great question but equally a really hard one to answer!

In reality, you just need to work really hard and be visible. Over time, you can win them over, but only if you do good work and it's clear to them.

In addition to this, you can learn how to "talk their talk". If you learn their terminology, way of thinking, etc. you will be able to communicate with them far more effectively. Moments where you challenge/counter their thinking effectively with their terminology/communication style are moments where you will gain traction.

Good luck!

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Clara
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Content Creator
replied on Dec 31, 2020
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello!

I guess you are the person of the other post too :)

Reading this second one, what I wonder is whether that is the right place for you. If the "operational" part is the valuable one there vs. strategy, isn´t it better to move to strategy consulting?

Best,

Clara

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Anonymous replied on Dec 29, 2020

Hi,

A suggestion from me is to learn the "Finance skill" and show that it is not impossible to do vice versa and win their trust. Also find opportunities to actually add value to the work using your "strategy skill"

Of course this is an oversimplification and require a lot of hard work to do succesfully.

Best,

Iman

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Raj
Expert
Content Creator
replied on Feb 22, 2021
FREE 15MIN CONSULTATION | #1 Strategy& / OW coach | >70 5* reviews |90% offers ⇨ prep-success.super.site | MENA, DE, UK

What I'd suggest is take time to pick up the modelling aspects to demonstrate this is something that is easily learnable, but honing strategic thinking takes time. If you're able to demonstrate in meetings that you bring a unique valuable perspective that others haven't thought about, that is immediate validation of your skillset

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Adi gave the best answer

Adi

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Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
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