Pros: easy to shine with hard work & quality results
Cons: micro management and lack of job stability. staff is unappreciated and unrewarded
This could be a great company, but upper management has blinding egos and pays little attention to the knowledge and expertise of its subordinates. As a result, most everyone's hard work goes unappreciated and unrewarded. Upper management displays a know-it-all attitude, even when they are clueless.
New business development thrives on picking the low – more... lying fruit over more desirable and more rewarding new accounts. Company then throws a lot against the wall to see what sticks w/minimal preparation and does not respect its own talent before making strategic decisions. As a result, new biz development is chaotic and thrown together with minimal ramp up time and consistently results in a high degree of frustration and failure.
The company recently experienced an enormous restructuring due to massive amounts of red ink and let about 100 people go (representing about half of its work force). So, now many employees are doing the job of two people. If it wasn't the blind leading the staff, this company could be profitable. However, the upper level incompetence is locked in with stock ownership. The main investment group sees the losses, but is insulated by management as to its core problems.
Corporate culture is a bit bizarre with a diverse collection of people who are anything but a homogeneous group. They don't give raises, keep making cut backs and run off the quality people so they can keep a loyal bunch of "yes" people around to worship a questionable layer of upper management.
Weekly press releases are put out extolling the wonders of its people and the company's accomplishments. The substance of most of these is much to do about nothing. Most releases are lots of hyperbole over inconsequential events to make it sound like the company reinvented this industry.
If you're looking for stability and a well-managed firm with excellent growth prospects, keep looking. – less