Pros
- High base pay for corporate strategy type roles relative to other Fortune 500 companies - In a good performing year, bonus has a multiple attached to it, up to 3X (e.g., if your bonus is 20%, you would get 60%) - Passionate engineers / product managers who can talk hours and hours about a mundane connector product - Some smart people who truly care about you - Strategists/ex-consultants are generally very well respected in the organization
Cons
- Super high turnover in terms of people switching roles or leaving the company. 2022 saw at least 5+ managers/senior managers in strategy leave the company in North America - Promotions and best projects tend to go to the strategy personnel in India; Hiring in strategy is greatest in India - Super risk averse - management tends to be ex accountants/finance people, so any decisions require strong financial justification - Projects never end - leadership has analysis paralysis. Ironic for a team of strategists who are supposed to be 80/20 - Due to limited funding, a lot of the projects are "lite" versions of what they are really supposed to be and you never get to an actionable answer - Culture/style varies significantly across BUs, Segments, and Corporate. Some people are awesome. Some people are dicks.
