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Anantha Natalegawa, Associate Director at Stax, has been recognized by Consulting Magazine as one of the 2025 Rising Stars of the Profession for his excellence in client service within the Retail sector. A trusted advisor on both buy- and sell-side engagements, Anantha leads over 20 projects annually, helping private equity clients and their portfolio companies unlock growth. His deep expertise spans the consumer and government markets, with a strong command of procurement processes and selection criteria critical to influencing key decision-makers.
Along with his nomination, Anantha was asked several questions by Consulting Magazine—these are his responses:
1. What would you say has been the biggest factor in your success so far?
It's difficult to pinpoint a single factor, as my success has been shaped by a combination of several circumstances:
- Stax’s Culture: The company fosters an environment where individuals are encouraged to step out of their comfort zones and take on new challenges. This is supported by a strong framework that ensures the necessary guidance and safety net for personal and professional growth.
- Intentional Mentorship: Both through Stax’s formal mentorship program and direct project-based exposure to senior colleagues, I’ve benefited from targeted, meaningful mentorship. This guidance goes beyond improving immediate deliverables—it reflects a broader commitment to fostering long-term success and contributing to the firm’s growth.
- Family Support: A foundational element in my journey has been a supportive family that keeps me grounded, providing the balance and clarity to focus on long-term priorities and goals.
The interplay of these factors—a nurturing work culture, impactful mentorship, and a strong personal foundation—has been instrumental in shaping my development and achievements so far.
2. What do you enjoy most about your career in the consulting industry?
When I was considering my next steps after graduate school, I intentionally sought out Stax for its focus on commercial due diligence (CDD) and private equity as a market. What interested me at the time remains what I enjoy most about my work today—the consistent exposure to diverse business models, industries, and the unique complexities they face. I enjoy the challenge of leveraging pattern recognition to distill targeted investment recommendations from vast amounts of both structured and unstructured data.
And, of course, the classic consulting answer: the people. It’s easy to lose sight of it over time, but I’m grateful to be surrounded by similarly driven and talented colleagues who are a constant source of energy and motivation.
3. What is your proudest achievement to date?
It’s difficult to tease out a specific project or engagement over the years, so I gravitate towards reflecting on my broader impact at the firm. Just as I’ve benefited from direct mentorship by senior colleagues, I’ve made it a priority to stay actively involved in the development of our next generation of leaders at Stax.
Whether working with a junior colleague on a project, or mentoring someone formally, I find it immensely rewarding to contribute, even in a small way, to their growth and upward trajectory – both within Stax and in their careers overall.
4. What's the best advice you've ever been given?
"Don’t undervalue the importance of a pause to reflect," a principle that applies on multiple levels:
On the micro level:
During a project, it means resisting the instinct to immediately fill the silence after a client’s question or prompt. Instead, consciously take a moment to understand their motivation—the "why" behind the "what."
On the macro level:
Across projects, finding the time to take a beat at the conclusion of an engagement to intentionally ask, “What have I learned, and how should this inform my approach to future projects and my continued development more broadly?”
5. What would this recognition mean to you?
I’m deeply appreciative of this recognition. As mentioned earlier, it’s easy to overlook personal growth and hesitate to celebrate milestones, in favor of immediately turning the page to think about “what’s next.” This nomination serves as a helpful reminder of the importance of pausing occasionally to reflect on and appreciate the progress made along the way.
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