Pros
The work itself: Intellectually stimulating and challenging. Private equity projects are typically ~3 weeks long—in that short amount of time we are tasked with developing opinions on key strategic issues about the company and its industry (for example, market size, growth, competitive landscape, potential risks/threats, etc.). Projects for operating companies also focus on strategy – customers, competitors, pricing, etc. For me, the work is a terrific combination of quantitative and qualitative learning. The culture/environment: I would describe the culture as relaxed and familial (particularly if you compare it with a typical corporate environment)—it’s decidedly “un-corporate”. It is a culture of honesty and respect. Expectations are high—both our client's as well as our own of ourselves. When employees are transitioning out for whatever reason (usually it’s to go to business school), I’ve seen tremendous support, including letters of introduction/recommendation and/or “outplacement time”, where people are paid for full time work but given 1-2 days a week for extended periods to find their next opportunity. Furthermore the firm president, Chris Fay, draws generously from his extended network to advocate for the candidacy of Greenwich Strategy employees who want to move to a new position or industry.
Cons
Providence: I personally love Rhode Island, but Providence isn’t Boston or New York, so it can be a stumbling block. Long hours: When it’s busy, the hours are long, and it can be stressful. Our client’s deadlines are often tight and work quality expectations are high.