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I have been working at Silicon Valley Bank full-time (More than a year)Doesn't RecommendPositive OutlookDoesn't RecommendPositive Outlook
Bank is a trusted partner in technology and life-science community. The business model and resulting revenues are impressive.
IT is a disaster right now. Besides the lack of genuine leadership from the people in charge, some of the key ITers are leaving. Its not as much fun compared to my other jobs because most of the ITers(including the leaders) can not stand up for what is right for the company. The few who did were overlooked and they have now moved on - what a way to loose the key asset for any company. The worst part is the acting CIO who has led the company to this situation thinks we are in good shape. You can not fix a problem till you acknowledge a problem !! If you are considering a job, please do yourself a favor and ask the hiring manager about how many people have left their organization and why - you will get the idea. Also know the hiring manager well, as some of them especially CTO are incapable managers. Till last year IT was in mood to hire like crazy and all of a sudden at start of this year - no hiring. This is the level of strategic planning the temp CIO has brought on. I have heard this used to be a professionally managed IT team till the CIO change in 2013. What I can see is the team spirit is totally subdued, no real motivation, no attention to real problems, no sense of accountability. HR seems to stack lowest compared to the other companies. The company freely uses the marketing lingo - employees are our key assets, but does little to follow it. They are unable to do anything to retain or motivate key personnel looking at recent exits by senior personnel.
Advice to Management
They know where the problems are and how to fix it. Listen to employees on ground, take some interest in genuine problems and build back the trust slowly.