Corporate strategy vs strategic planning

Question

Hello,

could anyone explain what is the difference between corporate strategy and strategic planning? Is it the same right?

Answer 1

As Vlad said - strategic planning has nothing strategic about it. You will mostly track results & report on them, creating pretty slides and building pretty decks to tell execs what happened. In other words, you are an expensive paper pusher and add nothing to the company. Be prepared to work evenings and week-ends also if there's a big presentation coming. Only upside basically is you will have high level visibility, which you can parlay into fast-ish career trajectory.

Corporate Strategy on the other hand, will typically have you work on high visibility projects with a significant potential impact on the company. Work isn't nearly as interesting as MBB work (usually), but definitely beats corporate planning from a variety and learning perspective. Career is steeper, work is more interesting, you see the impact of your work... I think it should be clear which one I am leaning towards :)

Answer 2

Hi,

Don't rely on buzzwords. It has almost nothing in common with corporate strategy. Strategic planning is more about disaggregating the big goals to the more granular KPIs and metrics and ensuring their completion. Usually, it's a very boring role.

Best

Answer 3

Not really, not necessarily. Many corporate strategy teams are loaded with MBB talent, so you will get to learn a lot... (read entire answer)

Not really, not necessarily. Many corporate strategy teams are loaded with MBB talent, so you will get to learn a lot of things. Much will depend on your hierarchy also, but the... (read entire answer)

Answer 4

Hi Paul, Absolutely you have a shot. Speaking just in regards to my time at BCG, we have a significant number of la... (read entire answer)

Hi Paul, Absolutely you have a shot. Speaking just in regards to my time at BCG, we have a significant number of lateral hires. However, it should be noted that you will likel... (read entire answer)

Answer 5

Hello, They usually focus on the fit part and then they could give you some brain teasers or a small business case... (read entire answer)

Hello, They usually focus on the fit part and then they could give you some brain teasers or a small business case (generally a market sizing). Prepare aso some questions to... (read entire answer)