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Strategy Consulting

By Prateek Rastogi
[ Analyst | Accenture Strategy ]




LifePage Career Talk



Career in Career-in-Strategy-Consulting/english
Strategy Consulting
Prateek Rastogi
Analyst | Accenture Strategy
[ 5 years & 10 months Experience ]
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Career Talk Information




What is Strategy Consulting?


A Career in Strategy Consulting is very interesting. Almost everyone seems to be talking about How to start a Career in Strategy Consulting, while one should first develop an understanding of What is a Career in Strategy Consulting. Just like you would normally not trust a non Doctor with names of medicines, you should also not trust opinions about Strategy Consulting from non professionals.

Prateek Rastogi has worked in Strategy Consulting for 5 years & 10 months. Prateek Rastogi defines Strategy Consulting as:

Strategy consulting is the industry and practice of assisting businesses with high-level decisions that enable them to do this. Strategy is distinct from operations in that strategy addresses the question "What do we do?", while operations addresses the question "How do we do it?".





How Prateek Rastogi got into Strategy Consulting?


After completing my Bachelors in Chemical Engineering from BITS Pilani, I started working for PWC for three years. After that, I did my MBA degree from XLRI, Jamshedpur and since then working with Accenture Strategy as an Analyst.





Prateek Rastogi's Talk on Strategy Consulting



Starts with what is:
     1) Strategy Consulting  

Next, it covers Education. It is easy to Google information about what Qualifications are needed to enter Strategy Consulting, this Talk went a step ahead to talk about the body of knowledge one needs to develop to excel at Strategy Consulting. It details these topics within Education for Strategy Consulting:
     2) Accounting  
     3) Management Principles  
     4) Economics  

Then, the Talk focuses on the most important component that is Skills. Strategy Consulting demands specific Skills which only an experienced professional can lay out. It explains Skills needed in Strategy Consulting with these items:
     5) Analytical  
     6) Seeing the Bigger Picture  
     7) Communication  
     8) Teamwork  
     9) People Management  
     10) Time Management  
     11) Networking  
     12) Research  
     13) Presentation Skills  

Strategy Consulting has an interesting list of Positives. The Talk discusses following Positives of Strategy Consulting:
     14) Exposure  
     15) Steep Learning Curve  
     16) Dynamic Industry  
     17) Opportunity to Travel  
     18) Monetary Rewards  

Challenges are the other side of Positives and Strategy Consulting is no exception:
     19) High Stress  
     20) Away from Family  
     21) High Competition  
     22) Odd Working Hours  

In the final section of the Talk, Prateek Rastogi talks about How a day goes in a Career in:
     23) Strategy Consulting  




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Relevant Links





LifePage Career Talk on Strategy Consulting


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[Career]
https://www.lifepage.in/careers/strategy-consulting


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[Full Talk]
https://lifepage.app.link/20171211-0006


(Strategy Consulting, Prateek Rastogi, Accenture Strategy, Strategy Making, Business Planning, Business Management)





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