PwC Strategy&: Firm Overview

PwC Strategy is the global strategy consulting business of PricewaterhouseCoopers (PwC), offering a combination of strategic insight and execution capabilities. As a key player in management consulting, PwC Strategy helps businesses develop, refine, and implement competitive strategies across various industries.

With a history spanning over a century, PwC Strategy is recognized for its thought leadership, industry expertise, and ability to drive business transformation. The firm operates as PwC’s strategy consulting arm, seamlessly integrating with PwC’s broader advisory and implementation services to deliver end-to-end solutions for global clients.

Why PwC Strategy Stands Out in Strategy Consulting

PwC Strategy differentiates itself from other top-tier consulting firms (e.g., McKinsey, BCG, Bain) through its:

• Integration with PwC – Unlike standalone strategy firms, PwC Strategy offers both high-level strategy consulting and PwC’s implementation expertise.
• Industry-Specific Focus – Provides solutions tailored for financial services, healthcare, automotive, and technology sectors.
• Strong Execution Capabilities – Ensures that strategic plans are successfully implemented through PwC’s global network.
• History of Innovation – Has influenced major business transformations, including supply chain management and corporate turnarounds.

PwC Strategy’s Role in PwC’s Global Consulting Business

As part of PwC’s advisory services, PwC Strategy enhances the firm’s ability to offer:

• Corporate and business strategy development – Helping companies define their market positioning and long-term growth plans.
• Operational and digital transformation – Supporting businesses in digitization, AI-driven operations, and process automation.
• Mergers and acquisitions (M&A) strategy – Providing guidance on corporate restructuring, due diligence, and post-merger integration.

According to PwC’s latest industry report, clients increasingly seek integrated consulting solutions that bridge the gap between strategy and execution. PwC Strategy fills this gap by leveraging PwC’s global resources and data-driven insights.

Who Should Consider PwC Strategy?

Businesses looking for a strategy consulting partner that develops innovative strategies and ensures flawless execution will benefit from PwC Strategy. The firm is especially suited for:

• Fortune 500 companies undergoing large-scale transformation.
• Private equity firms seeking M&A insights and due diligence support.
• Government and public sector organizations navigating economic development.

History and Evolution of PwC Strategy

The Origins: From Booz & Company to PwC Strategy

The roots of PwC Strategy trace back to 1914, when Edwin G. Booz founded Booz & Company, one of the earliest management consulting firms. Over the decades, Booz & Company established itself as a pioneer in corporate strategy, working with Fortune 500 companies and government institutions to solve complex business challenges.

By the mid-20th century, the firm had gained a strong reputation for its contributions to corporate governance, supply chain management, and organizational restructuring. Some of its early achievements included:

• Developing the modern Hollywood contract system in the 1950s.
• Helping Chrysler navigate financial distress in the 1970s, a model later used for corporate turnarounds.
• Pioneering the concept of supply chain management in the 1980s, a framework now widely adopted across industries.

The Split and Formation of Booz & Company

In 2008, Booz Allen Hamilton, the firm’s government consulting arm, split from its corporate consulting division. The commercial strategy business continued under the Booz & Company brand, focusing solely on private-sector clients and global corporations.

Booz & Company grew into a highly respected consulting firm, competing with industry leaders such as McKinsey, BCG, and Bain. The firm expanded its global footprint, opening offices across North America, Europe, the Middle East, and Asia-Pacific while serving clients in industries ranging from aerospace to financial services.

PwC’s Acquisition and Rebranding as PwC Strategy

In 2014, PricewaterhouseCoopers (PwC) acquired Booz & Company, integrating it into its global advisory business. This acquisition allowed PwC to expand its strategy consulting capabilities, offering a seamless connection between high-level strategic planning and hands-on implementation.

As part of the transition, Booz & Company rebranded as PwC Strategy, now fully operating under PwC’s umbrella. This move positioned PwC as a direct competitor to McKinsey, BCG, and Bain, giving the firm a stronger foothold in the strategy consulting sector.

The Impact of the Rebranding

The integration of PwC Strategy within PwC’s global consulting network provided several advantages:

• Stronger execution capabilities – Clients now had access to both strategic insight and operational implementation, a major differentiator in the consulting industry.
• Expanded industry expertise – The firm strengthened its sector-specific consulting offerings, particularly in technology, healthcare, and financial services.
• Global reach – PwC’s extensive network of professionals across 150+ countries allowed Strategy to scale its consulting solutions worldwide.

Today, PwC Strategy operates as the strategy consulting arm of PwC, helping organizations navigate complex business transformations, mergers and acquisitions, and digital disruptions.

Global Presence and Scale of PwC Strategy

A Truly Global Strategy Consulting Firm

PwC Strategy operates as a worldwide strategy consulting firm, leveraging PwC’s extensive global network. With offices in over 150 countries, the firm provides localized expertise with a global perspective, helping businesses navigate market complexities across different regions.

The firm’s international footprint allows it to deliver high-impact consulting solutions tailored to specific market conditions, regulatory landscapes, and industry challenges.

Regional Hubs and Key Markets

PwC Strategy maintains major regional hubs in strategic business centers, including:

• North America – Headquarters in the United States and Canada, with major offices in New York, Chicago, San Francisco, and Toronto.
• Europe – A strong presence in London, Paris, Frankfurt, and Zurich, advising European corporations on market expansion and operational efficiency.
• Middle East and Africa – Offices in Dubai, Riyadh, and Johannesburg, specializing in public sector transformation, economic diversification, and energy consulting.
• Asia-Pacific – Growing influence in Hong Kong, Singapore, Shanghai, and Tokyo, focusing on technology-driven strategy, digital transformation, and emerging markets.
• Latin America – Presence in São Paulo, Mexico City, and Buenos Aires, offering expertise in financial services, consumer goods, and industrial strategy.

Industries Served Across Global Markets

PwC Strategy supports clients across various industries, adapting its consulting approach to local business dynamics. The firm works with:

• Financial Services – Advising global banks, insurance firms, and fintech companies on digital transformation and regulatory compliance.
• Healthcare and Life Sciences – Supporting pharmaceutical, biotech, and healthcare providers with strategy development and operational optimization.
• Energy and Utilities – Helping firms navigate the shift toward renewable energy, sustainability, and carbon reduction initiatives.
• Technology and Telecommunications – Providing guidance on AI adoption, cloud computing, cybersecurity, and digital infrastructure.
• Consumer and Retail – Assisting companies in supply chain management, branding, and e-commerce strategies.

Global Reach, Local Expertise

PwC Strategy’s ability to combine global insights with localized market knowledge makes it a preferred consulting partner for multinational corporations, governments, and private equity firms. The firm’s consultants are equipped with deep industry expertise, advanced data analytics, and strategic problem-solving skills, allowing them to tailor solutions to each client’s specific needs.

With its unparalleled global scale and industry specialization, PwC Strategy continues to shape business strategies and drive transformation across diverse markets.

Services and Industry Expertise of PwC Strategy

Comprehensive Strategy Consulting Services

PwC Strategy provides a wide range of strategy consulting services, helping organizations address their most pressing business challenges. The firm combines deep industry insights, data-driven decision-making, and execution expertise to deliver tailored solutions across industries.

The core service areas include:

• Business Strategy – Developing long-term growth strategies, market positioning, and corporate transformation plans.
• Customer Strategy – Enhancing customer experience, loyalty, and revenue generation through data-driven insights.
• Operations Strategy – Improving supply chain efficiency, process optimization, and operational cost reduction.
• Organization Strategy – Advising on workforce planning, leadership development, and organizational restructuring.
• Product and Service Innovation – Assisting companies in launching new products, entering new markets, and leveraging digital technologies.
• Technology and Digital Strategy – Guiding businesses on cloud adoption, artificial intelligence (AI) integration, and cybersecurity resilience.

Industry Expertise Across Global Markets

PwC Strategy serves a diverse range of industries, providing sector-specific insights and strategic guidance to help clients stay competitive.

Financial Services

• Supporting global banks, investment firms, and insurance providers with digital banking strategies, regulatory compliance, and risk management.
• Assisting fintech startups in scaling their operations and enhancing customer acquisition models.

Healthcare and Life Sciences

• Advising pharmaceutical companies on market access strategies, drug pricing, and supply chain resilience.
• Helping healthcare providers adopt telemedicine solutions, AI diagnostics, and patient experience improvements.

Energy and Utilities

• Supporting companies in transitioning to renewable energy, sustainability initiatives, and carbon reduction programs.
• Advising on smart grid technologies and digital transformation in power and utility sectors.

Technology, Media, and Telecommunications

• Assisting tech firms in scaling cloud computing services, cybersecurity frameworks, and AI-driven innovations.
• Supporting telecom companies in 5G network deployment, infrastructure investments, and digital business models.

Consumer and Retail

• Helping global brands navigate changing consumer preferences, e-commerce expansion, and supply chain optimization.
• Providing data-driven insights on pricing strategies, customer retention, and omnichannel marketing.

Bridging Strategy and Execution

What sets PwC Strategy apart is its ability to go beyond strategic recommendations and assist with execution. Through PwC’s global consulting network, the firm helps clients implement, scale, and sustain their strategies, ensuring measurable business impact.

By leveraging advanced data analytics, industry expertise, and global reach, PwC Strategy delivers comprehensive solutions tailored to the evolving needs of modern businesses.

Notable Projects and Achievements of PwC Strategy

Pioneering Contributions to Business and Industry

Over the decades, PwC Strategy has played a crucial role in shaping industries, driving corporate transformations, and advising on high-impact projects. The firm has been at the forefront of innovation, crisis management, and strategic execution, helping organizations navigate economic shifts and competitive challenges.

Key Historical Achievements

• Hollywood’s Contract System (1950s) – PwC Strategy (formerly Booz & Company) played a central role in developing the Hollywood contract system, which standardized how studios managed contracts with actors, directors, and production teams. This system transformed the entertainment industry, setting legal and financial frameworks that are still in use today.
• Chrysler’s Bankruptcy Recovery (1970s) – Advised Chrysler during its financial crisis, helping the company secure a government bailout and implement restructuring strategies. The firm’s recommendations enabled Chrysler to regain financial stability and operational efficiency, serving as a model for future corporate turnarounds.
• Supply Chain Management Concept (1980s) – PwC Strategy was instrumental in pioneering modern supply chain management, a now fundamental business concept. The firm advised global corporations on optimizing logistics, reducing inefficiencies, and improving cost structures, which reshaped industries like manufacturing, retail, and automotive.
• Thyssenkrupp’s Hydrogen Program (tkH2Steel, 2024) – Partnered with Thyssenkrupp Steel to support the tkH2Steel project, a groundbreaking initiative focused on decarbonizing steel production in Europe. The project aims to transition Thyssenkrupp’s plants to 100% hydrogen energy by 2029, significantly reducing carbon emissions and advancing green manufacturing. PwC Strategy provided strategic consulting, procurement guidance, and implementation support, reinforcing its commitment to sustainability and industrial transformation.

Ongoing Impact and Future Outlook

PwC Strategy continues to be a trusted advisor for governments, corporations, and private equity firms, helping them navigate global challenges, digital disruption, and industry shifts. With its proven track record of innovation and execution, the firm remains a leading force in strategy consulting.

Corporate Culture, Values, and Career Opportunities at PwC Strategy

A Culture of Excellence and Innovation

PwC Strategy fosters a collaborative and high-performance culture, where consultants are encouraged to think strategically, solve complex business challenges, and drive meaningful change. As part of PwC’s global network, the firm provides a dynamic work environment that blends strategy consulting with hands-on execution, ensuring real-world impact for clients.

Core Values that Define PwC Strategy

PwC Strategy operates on a foundation of integrity, leadership, and impact, guided by four core values:

• Integrity – Upholding ethical business practices and transparency in every client engagement.
• Excellence – Delivering data-driven, innovative solutions that create lasting business impact.
• Collaboration – Encouraging teamwork across global teams and diverse industries.
• Leadership – Driving strategic thinking and shaping business transformation across markets.

These values are deeply embedded in the firm’s consulting approach, client relationships, and professional development programs.

Work Environment and Employee Experience

PwC Strategy’s work environment is fast-paced, intellectually challenging, and highly rewarding. Consultants work on complex business problems, collaborating with global teams and industry experts. Some key aspects of the firm’s employee experience include:

• Structured mentorship programs that connect junior consultants with experienced leaders.
• Continuous learning opportunities, including training in digital transformation, AI, and financial modeling.
• International mobility programs that allow consultants to work across different markets.
• Commitment to diversity and inclusion, fostering a workplace where all backgrounds and perspectives are valued.

Career Opportunities at PwC Strategy

PwC Strategy offers a range of career opportunities for professionals at different experience levels, from recent graduates to experienced executives.

Entry-Level Roles

• Associate – Recent graduates with strong analytical and problem-solving skills work on research, data analysis, and client solutions.
• Consultant – A step above associates, consultants handle more strategic responsibilities, including client presentations and business modeling.

Experienced Hires

• Senior Consultant – Experienced professionals who lead project workstreams and contribute to high-level strategy development.
• Manager and Senior Manager – Oversee teams, drive client engagement, and lead business transformation initiatives.

Leadership Roles

• Director – Responsible for managing large-scale engagements and guiding client strategies.
• Partner – Senior-most role, leading major client accounts, driving business growth, and shaping the firm’s strategic direction.

Internship and Training Programs

PwC Strategy offers structured internship programs designed to provide hands-on experience in strategy consulting and business transformation. These programs include:

• Summer internships for undergraduate and MBA students.
• Workshops and training sessions covering market analysis, financial modeling, and strategic problem-solving.
• Mentorship opportunities to help interns transition into full-time roles.

With its emphasis on professional development, industry leadership, and real-world business impact, PwC Strategy continues to be a top choice for consultants looking to advance their careers in global strategy consulting.