Archstone Consulting

  www.archstoneconsulting.com
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3.5 16 reviews

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David Sievers


67% of employees recommend this company to a friend
16 Employee Reviews
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    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Archstone..... *sigh*

    Associate (Current Employee) Chicago, IL

    ProsIt is a small firm with lots of opportunities to explore what personal interests when time permits. There is high visibility, for better and worse, and there are a good amount of folks who look out for you. Generally speaking, the people are good people who do care. The firm does do similar work to other, larger, firms and has good expertise in its subject areas. The feedback available from the client does reflect the job we do and clients do like the no-nonsense way in which we do things. As you move up the ladder, the benefits become more plentiful.

    ConsAs a small firm, with the visibility, there is a lot of room to mess up and the people here are unforgiving. To that point, for a firm with so few people, there are a lot of poliitics and egos which need to be played to. The rumor mill around the firm, even between offices, is huge and even an accidental, partially overheard conversation or a misinterpretation of a comment by a single person can become a black mark on your reputation which will affect your career at the firm. Often, there are too many cooks in the kitchen, none of them making anything good.

    Advice to Senior ManagementBe more open with your people and trust them to make the right decisions. Practice what you preach.

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Potential --Not Realized.

    Principal (Former Employee) Chicago, IL

    ProsExperienced consultants who know how to provide client service like the larger more established firms. They do great work and there are some good people to work with. Lake Capital as PE firm is strong.

    ConsThere is little if no strategy or operations work. Particular in the Chicaog area, where the revenues are for Hyperion implementiations and CFO work which is more and more just Hyperion oriented. The compensation model pits bosses against underlings for revenue credit and prinicpals against principals. Many of the clients on thier list are former clients of partners that have left the firm. The have a hard time turning new clients into long term beach heads. Deal to be sold fell through over summer and revenues are down for 2008. The Partners always arm wresting and their are many unhealthy cliches. The CEO and HR are oblivious to what is going on.

    Advice to Senior ManagementSeriously listen to the staff regarding the cultural issues and disfuntional behavior of the various coalitions in the firm. Senior Management should call out Partners that cannot sell or are being floted by others in the firm who give them revenue from their bucket or by taking it away from subordinates.

    Tons of potential if someone would just listen and not use that feedback against the messengers.

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Archstone is a new consulting firm lacking any true identitiy

    Senior Manager (Former Employee) San Francisco, CA

    ProsThe pay seems competiive with other similar consutling firms. Additionally, the management seems interested in letting maturinig managers grow their skills thru diverse project exsposure.

    ConsThe power structure is based on the East coast and Chicago. If you are working on the west cost you are not well recognized for your efforts. Partners and Directors are not capable of changing thier approach to new opportunities which may be generated outside of the normal channels. Many of the peers, the talented ones, have left the firm not due to career progression but due to the fact they were not happy with the partner interaction.

    Advice to Senior ManagementHire better partners who care about growing the staff and recognizing consultants which are not part of a legacy relationship.

    No, I would not recommend this company to a friend

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    Great people that care about your development

    Anonymous Employee (Current Employee)

    ProsInteresting mix of project work

    ConsComp is likely not on par with industry

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Small firm built to be sold to The Hackett Group

    Senior Manager (Former Employee)

    ProsThe people are smart and come from may firms

    ConsNow part of The Hackett Group so their unique identity is gone

    Advice to Senior ManagementMerge into Hackett

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Archstone

    Anonymous Employee (Current Employee)

    ProsThe work/life balance is great; you can get a good deal of responsibility quickly; strong collaborations and teamwork with colleagues.

    ConsStill struggling through integration with the Hackett Group; no long-term strategy; experienced consultants are leaving; limited types of work that are being done

    Advice to Senior ManagementDevelop a long-term strategy and communicate it. More emphasis on strategy practice. More emphasis on operations practice.

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