Great Product, Poor Management, Big Trouble Ahead
Pros
- products have virtually no direct competitors (big market opportunities) - vacation policy (extra day off every long weekend + shutdown over Christmas)
Cons
- poor onboarding (basically have to fend for yourself) - disconnected execs who don’t interact in any way with the vast majority of the company or even their own teams (VERY siloed) - poorly managed teams, extremely high turnover rates, and lots of unecessary layoffs - unreasonable focus on pipeline and $$ (leaves no room for error or experimentation) - virtually no interdepartmental communication and many teams gatekeep their information, making it impossible for others to do their jobs - So. Much. Micromanaging. - basically refuse to take on small customers because they don’t think their money is good enough (but then they struggle to land large customers and wonder why they didn’t hit their targets) - no clear direction for products or the company as a whole - focus is almost entirely on one product vs the other, even though the one they focus on least has the most potential for expansion and revenue - everything is last minute; weeks of planning gets thrown out the window when an exec changes their mind on a whim (this also includes employees being tossed aside if an exec wants to try something different) - overworked and underpaid employees (the only way you’re making money is to have VP in your title) - no system for performance reviews or raises - many execs are from out of country now, but they still insist on regularly flying them out to HQ, wasting huge amounts of money, but then refuse to pay for more local employees to visit (they just expect you to make a 2+ hour commute on your own dime with basically no notice or planning) -absentee HR department who doesn’t seem to think all the above is an issue worth investigating or checking in with employees on