AlixPartners Reviews

Pros

Smaller companies offer great learning opportunities so I really expanded my skills and experience.

Cons

Administrative "back office" staff is always second fiddle to client facing staff, which is likely true at most consulting firms, so it's tough to build a business case for change.

Pros

Reputation for hiring some of the smartest professionals across the world. The knowledge and insights you will gain here are not comparable to other consulting firms.

Cons

At times it can be difficult to get in front of the people you need to in order to make something happen, but it always works out eventually.

Pros

challenging work, good pay and opportunity to work with smart peers

Cons

Path for Director to be promoted to Managing Director is very difficult to achieve.

Advice to Senior Management

Create a culture and formal structure to foster mentoring of Directors to be promoted to MD

Pros

Smart people. Interesting engagements with opportunities to work on high profile cases. Good benefits and sense of family. Results oriented.

Cons

Lack of direction within the firm. Lack of career guidance particularly at senior levels. Spotty communications.

Pros

1) Work on very interesting, challenging and important client issues and cases
2) Work with some of the premier organizations in the world - financial institutions, investors. law firms, and other professionals
3) Colleagues within AlixPartners are highly capable individuals, and generally good team players as well as strong individual contributors
4) Entrepreneurial environment encourages staff consultants to grow their own business
5) Lack of rigidity - boundaries are fluid and individuals have latitude to define roles and pursue their interests within the overall construct of the Firm's practices
5) Lack of bureaucracy

Cons

1) Firm lacks some of the supporting infrastructure of larger competitors, which places somewhat more burden on the individual in developing business
2) Low leverage model sometimes results in senior consultants doing work that would be more appropriate to junior consultants in a high leverage model
3) High hurdle to becoming a partner means that many senior directors within the company are likely to remain so

Pros

there is very good recognition for turnaround but less for other practices. depends what one wants to do in life..

Cons

limited training, working in distressed situations brings in a lot of pressure and strict timing

Advice to Senior Management

improve training program

Pros

Amazing work, smart people, interesting clients, self-starter environment

Cons

Everything is a black box, no information/knowledge sharing, PTO is so so, diversity is so so, overtime bonus can bite you when times are slow

Advice to Senior Management

When moving to a more leveraged model, you will need to pull back the curtain or risk alienating the bottom of the pyramid

Pros

- Great colleagues; senior consultants hail from McKinsey, AT Kearney, and Booz
- Collegial culture with minimal politics
- Highly accessible partners; I can call the head of EI or CEO at any time and they'll actually talk to me
- Distressed clientele makes for high pressure, interesting, and relevant work
- No micromanagement; small, senior teams means you are on your own from Day 1
- No up or out unless you're a poor performer; you can be a career Director
- Earned bonus model means the more hours you bill, the more money you make

Cons

- Very difficult to make partner as the hurdle is set at having established your own book of business (almost all current partners were established at other firms prior to joining Alix)
- National staffing model means you're always on the road
- Distressed clients requires 5 days on site

Advice to Senior Management

Place emphasis on actively grooming Directors to be Managing Directors, or else they will keep leaving for other opportunities.

Pros

Very flexible with time off and personal matters.
Excellent contract rates.
Very independent work environment, little micro-managing.
Great, respectful management.

Cons

Transition from contract to permanent position is brutal.
Little to no feedback about what to expect regarding contract.
Rate is drastically cut from contract to permanent position.
Earned bonus program is poorly structured - you actually get paid less as you work more.
Will bring you contract at a different title, then bump you down once you "convert" over to permanent.

Advice to Senior Management

Don't string along contract employees after you put them through the stringent tests. If they meet all the psychological/IQ testing criteria, you should know that those type of employees do not want to have their careers strung along.

Pros

Talented team with little or no supervision

Cons

Regarding my job type:Short project

Advice to Senior Management

more project