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Anonymous A

on Oct 06, 2020

Global

Is this a more of a corporate strategy, strategic planning or consulting role?

So I am currently on week 2 of my new job (I'm a grad from top school with 1-2 years of post-graduate working experience). The job title is CEO Office Analyst. The company is an uprising unicorn startup company with 2500-3000 employees. So, far I'm just wondering what my role is considered as if it is corporate strategy, strategic planning or (internal) consulting, since I heard some distinctions about these three.

So, the CEO Office team is led by an ex-MBB. I also work with the department heads in divisions that I'm assigned to, even though not often. They are also mostly ex-MBB. Basically what I've done so far is creating slides and monitoring OKRs, I'm also involved in some analysis, also trying to challenge the business plan of the respective department I'm assigned to.

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Top answer

Robert

Coach

on Oct 06, 2020

McKinsey offers w/o final round interviews - 100% risk-free - 10+ years MBB coaching experience - Multiple book author

Hi Anonymous,

For the same actual role many job titles are used across different companies - so don't worry too much about the specific role title as long as it's not completely misleading.

It's more important what you actually do, and even much more important what you actually achieve in this role!

Hope that helps - if so, please be so kind to give it a thumbs-up with the green upvote button below!

Robert

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Deleted user

on Oct 06, 2020

Sounds like a corporate strategy role to me, but I don't think the difference is dramatic if you're using this as a stepping stone into consulting.

1 comment

Anonymous A

on Oct 06, 2020

Thank you for your insight! Not sure yet if I wanna do consulting at an MBB firm since work-life balance is very important to me. I just hate it when I work more than 40 hours a week.

Ian

Coach

edited on Oct 06, 2020

Hi there,

It's definitely not consulting, as consulting means you're a "mercenary" i.e. a hired gun that works at companies for which you are not a salaried employee. You are very much hired by 1 company and work for that same company.

You are in both corporate strategy and strategic planning (they pretty much mean the same thing).

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Gaurav

Coach

on Dec 11, 2020

#1 MBB Coach(Placed 750+ in MBBs & 1250+ in Tier2)| The Only 360° coach(Ex-McKinsey+Certified Coach+Active recruiter)

Hello there!

Things you've mentioned are indicative of something between corporate strategy or strategic planning, and, as they are basically quite similar and kind of interchangeable, there is no need to worry about distinguishing them. One thing for sure - it's not a consulting role.

Do you have any further questions?

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Top Answer by

Robert

Coach

McKinsey offers w/o final round interviews - 100% risk-free - 10+ years MBB coaching experience - Multiple book author

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MBB Hiring Hacks: Behind the Curtain Secrets

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Capability-Based Planning

Capability-Based Planning (CBP) is a strategic planning method designed to help organizations achieve their business objectives through the effective use of their capabilities. This method has become an essential tool for management consultants to guide companies in a constantly changing market environment (VUCA).CBP originated from military planning approaches and has evolved into the business world. This method emphasizes the importance of organizational capabilities over traditional resources such as personnel and technology. The focus is on what an organization can effectively do to achieve its strategic goals.Phases of Capability-Based PlanningThere are five phases that are divided into CBP:Phase 1: Definition of Business StrategyThe first step involves defining a clear and precise business strategy. This strategy should encompass the organization's long-term goals and the path to achieving these goals.Phase 2: Identification of Core CapabilitiesOnce the business strategy is set, the core capabilities required to implement this strategy need to be identified. These capabilities include not just technical skills but also organizational and procedural competences.Phase 3: Assessment of Current CapabilitiesIn this phase, a thorough assessment of the organization's current capabilities is conducted. This involves an analysis of strengths and weaknesses and the gaps that need to be filled.Phase 4: Development of a Capability PlanBased on the preceding analyses, a detailed plan is developed that outlines how to develop, improve, or acquire the necessary capabilities to support the business strategy.Phase 5: Implementation and MonitoringThe final step is the implementation of the capability plan and continuous monitoring and adjusting of capabilities to ensure they align with the evolving business strategy.ConclusionCapability-based planning is a dynamic and strategically focused method that supports management consultants in effectively advising organizations. By emphasizing capabilities and competencies, consultants can help organizations achieve their goals in a complex and rapidly changing business world.

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