Archstone Consulting

  www.archstoneconsulting.com
  www.archstoneconsulting.com

Archstone Consulting Reviews

16 Reviews
3.6
16 Reviews
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David Sievers
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Employee Reviews

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  1.  

    Principal

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Principal in San Francisco, CA
    Former Employee - Principal in San Francisco, CA

    I worked at Archstone Consulting full-time (more than 5 years)

    Pros

    Entrepreneurial; Collaborative; Culture; and Diverse Engagement Opportunities.

    Cons

    Work life balance is typical of other management consulting companies

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great people, limited industry exposure, won't open the doors that Bain or McKinsey would.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager in New York, NY
    Former Employee - Manager in New York, NY

    I worked at Archstone Consulting full-time (more than 3 years)

    Pros

    Archstone has great people, and good leaders with solid industry and consulting experience. They are located in strategic spots through the US and Europe, and their parent company, The Hackett Group, seems to let them run autonomously for the most part.

    Cons

    They have a narrow breadth of industry expertise, and that makes it hard to land consistent (or plumb) consulting jobs. There is always a worry about the pipeline, and if you're unstaffed for a period of time, you might as well pack up. The work that they do is usually less about the classic strategy (grabbing market share, M&A, etc.) and more around operations (efficiency, BPO advisory, procurement, etc.)

    Advice to ManagementAdvice

    You recruit from the best schools, but you might be better served to grab top talent from 2nd tier B-schools (think Notre Dame or something). they don't have the salary expectations that top B-School candidates have, and they'll be more satisfied.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  3. 1 person found this helpful  

    Good overall, but needs to remember the needs of the consultants, not just the clients

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Archstone Consulting

    Pros

    - Coworkers are very intelligent, fun, easygoing
    - Lots of effort put into team building and creating a good office culture (team building events, office events, etc)
    - Flat organization, easy to approach senior management and speak with them
    - A place where personal initiatives are recognized and rewarded
    - Entrepreneurial

    Cons

    - Getting good projects is a crapshoot, and there are more boring, tedious projects than there are exciting ones
    - Quickly becoming an operations consultancy rather than a Strategy and Operations consultancy
    - Management doesn't seem to have a clear direction for the firm
    - Little guidance from upper management - you have to take the first step for everything, not enough formalized structure
    - Very political

    Advice to ManagementAdvice

    Concentrate on the consultants needs and growth as well as the firms. Ensure a good balance of projects that are there just for the cash flow, and projects that are actually help consultants grow and learn.

    No opinion of CEO
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  5.  

    Good place to start

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Analyst in Chicago, IL
    Current Employee - Analyst in Chicago, IL

    I have been working at Archstone Consulting

    Pros

    Lots of good experiences and opportunities to grow. Good office culture, good opportunities to work on business development and firm building.

    Cons

    No real training for technical work, low number of clients leads to analysts working for the same client for years.

    Advice to ManagementAdvice

    Would be nice to get some bonuses once in a while

    Recommends
    Approves of CEO
  6.  

    No response

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in San Francisco, CA
    Former Employee - Anonymous Employee in San Francisco, CA

    I worked at Archstone Consulting

    Pros

    Good opportunity and okay place to work.

    Cons

    Company needs to grow more.

    Advice to ManagementAdvice

    No response

    Approves of CEO
  7.  

    Good consulting firm with an uncertain future

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Manager
    Current Employee - Manager

    I have been working at Archstone Consulting

    Pros

    Archstone is a great place to get exposure to management consulting, especially since their focus is on generating implementable solutions and often executing those solutions, which I believe is increasingly valued by clients (relative to the binders as footstools approach of many consulting firms). There are some very good project directors/principals to learn from, who aren't purely focused on selling.

    Cons

    With the economic downturn, Archstone has lost a lot of good people and with the hiring freeze, it is increasingly difficult to get work with the aforementioned strong directors/principals. Uncertain future given private equity ownership.

    Advice to ManagementAdvice

    Leadership has shown the ability to make some difficult moves over the past year. However, many decisions (e.g. hiring, firing underperformers, changes in service offerings) are very delayed for a relatively small firm and the preference appears to be to avoid oversteering the ship almost to the point of just letting it steer itself at times.

    No opinion of CEO
  8.  

    Growing, but which way?

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Associate in Chicago, IL
    Former Employee - Associate in Chicago, IL

    I worked at Archstone Consulting

    Pros

    The people itself are fun to be around, and projects are manageable. Travel is not bad. Lots of opportunity for entrepreneurial work. Very high visibility. Analysts consistently accepted to very prestigious business schools.

    Cons

    Too much power concentrated with the CFO practice makes it a possibility that a newly minted MBA may be doing a Hyperion implementation. Lots of infighting and politics - normal for a small firm, but needs to be nipped if the firm wants to take it to the next level.

    Advice to ManagementAdvice

    Make an effort to stop the pipeline of CFO aligned people fast-tracking - branch out and show equality to all employees. CEO needs much better communication skills (i.e. saying everything is perfect and cutting bonuses the next day).

    Recommends
    No opinion of CEO
  9.  

    No Distinguishing Characteristics

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Manager in Chicago, IL
    Former Employee - Manager in Chicago, IL

    I worked at Archstone Consulting

    Pros

    Newer firm - founded in late 2003

    Cons

    Doesn't know what kind of firm it wants to be
    Focused on commodity type consulting work (sourcing, CFO focused work such as mapping accounts for future consolidation software implementations)
    Weak strategy practice (fine for pre-MBAs, MBAs will be underwhelmed)
    Leadership with little vision and declining credibility

    Advice to ManagementAdvice

    Don't advertise the firm as being different from other firms when the goal is clearly to be just like them (profitable)

    Doesn't Recommend
    Disapproves of CEO
  10.  

    Great Place But Has Some Problems

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Archstone Consulting

    Pros

    Small entrepreneurial firm
    Lots of freedom of expression
    Multiple areas of focus and service offerings
    Good placement in media publications

    Cons

    Many top-heavy projects with senior leadership
    Lots of service offerings makes for little focus
    Knowledge sharing is limited across the organization

    Advice to ManagementAdvice

    Everyone in the organization should be aligned with a practice area and / or service offering to build expertise and credibility in the marketplace

    No opinion of CEO
  11.  

    Good place to work with a few problems

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Director in Chicago, IL
    Current Employee - Director in Chicago, IL

    I have been working at Archstone Consulting

    Pros

    Archstone is a growing company that tries to stay in the pure Strategy and Operations consulting business. There is excellent opportunities to grow personally and to take on new challenges. Only a few years in consulting gives you many more experiences than in any kind of industry job.

    Cons

    Communication from executives down to the staff tends to be spotty and can be frustrating as people hear rumors without any word from the leadership. We have also begun to get more and more into ERP implementations (financial systems mostly) which is moving away from our original intentions when we were founded.

    Advice to ManagementAdvice

    Be more communicative.

    Recommends
    Approves of CEO

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