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I worked at Kofax full-timeDoesn't RecommendNegative OutlookDisapproves of CEODoesn't RecommendNegative OutlookDisapproves of CEO
It doesn't get any worse than this.
If you think the Bluth Company in Arrested development is the most dysfunctional business in Orange County think again, it's actually Kofax.
The executive management team are all fighting, like pigs round a trough. Most know they are not talented enough to join an IT leader and are aware this is their last big payday. The head of marketing has just left. The head of sales is replaced on an almost annual basis. As stated elsewhere I can confirm that the execs drain $1000+ bottles of champagne at their annual beano in Vegas while the staff have to share rooms. Now I understand why the Orange County airport is named after a cowboy.
Tellingly, revenues have been flat for a long time and will continue to be so while staff turnover is so high and innovation is so low. Actually innovation is non-existent. They’ve spent two years of development resources on repackaging the same products with no new features.
Belatedly Kofax has realized that their core capture market is declining and have begun to spend their small war chest on new companies with all the due diligence of a drunken sailor on shore leave. Sadly however these companies are way outside the skill set and comfort zone of the senior managers tasked to carry out the integration and put together a coherent product strategy. As a result the company quickly shrivels back to what it understands; capture. Capture is nice and simple and despite what it thinks it is Kofax is still a simple capture company.
I would not recommend Kofax as a career choice, unless you enjoy conflict or have no ambition, in which case it’d be perfect. It’s a ruthless, bullying, stagnating, kleptocratic organization where drones are promoted and challengers are fired. If you currently work there, take control of your career and get out before they fire you.
Advice to Management