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Alvarez and Marsal question

i know A&M is not a strategy consulting firm, but within performance improvement they have teams for cost optimization (cost cutting, reorg, etc) and commercial excellence (revenue growth, etc). is this kind of on par with strategy work?

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Top answer
Ian
Coach
on Feb 27, 2024
Top US BCG / MBB Coach - 5,000 sessions |Tech, Platinion, Big 4 | 9/9 personal interviews passed | 95% candidate success
on Feb 27, 2024
#1 rated McKinsey Coach

Yes, they do do strategy work, but they tend to work on clients on topics that are not as big as what the MBBs tend to do. Basically, a carve out of a bigger project. 

This is a great networking question, so I recommend you reach out to people who are already in A & M in your target office and get to learn more about it from them. 

Sharing here a guide on how to conduct these conversations:

Best,
Cristian

Nikita
Coach
on Feb 27, 2024
MBB & Tier2 preparation | 100+ offers | 8 years coaching | 3000+ sessions

Hey,

Depends on what you consider to be “on par”.

Workwise, operations work is different from the strategy work as you spend more time on the client's site performing optimisation and looking to extract real monetary value.

Prestige-wise, well, in the past pure Strategy was considered more prestigious, but nowadays, I'd say, it's the same since the clients now see less value in pure strategy but more value in real operational changes.

Hope this helps,
Nick

Florian
Coach
on Feb 27, 2024
1400 5-star reviews across platforms | 600+ offers | Highest-rated case book on Amazon | Uni lecturer in US, Asia, EU

Hi there,

Strategy is a broad term and they perform a lot of work on strategic topics.

For the interviews, the candidates I coached for them always reported a focus on structuring and brainstorming, mainly in an interviewer-ish-led format.

All the best,

Florian

Pedro
Coach
on Feb 27, 2024
Bain | EY-Parthenon | Former Principal | 1.5h session | 30% discount 1st session

1. Some strategy firms will do that type of work. However, that is not strategic work. 

2. A&M has a very good brand, close to Tier2 Strategy firms

3. They have strategy cases in their interviews which is always a good indication

4. You are working in a very specific type of problems. Exit opportunities will be tied to that type of problems (restructuring and performance improvement), regardless of the “status” of the brand being higher or lower.

Anonymous A
on Feb 28, 2024
What are examples of performance improvement exit opportunities?
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