Archstone Consulting

  www.archstoneconsulting.com
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Archstone Consulting Reviews

16 Reviews

3.6
16 Reviews
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Employee Reviews

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  1.  

    Archstone..... *sigh*

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

    I have been working at Archstone Consulting

    Pros

    It 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.

    Cons

    As 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 ManagementAdvice

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

    No opinion of CEO
  2.  

    Potential --Not Realized.

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

    I worked at Archstone Consulting

    Pros

    Experienced 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.

    Cons

    There 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 ManagementAdvice

    Seriously 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.

    Doesn't Recommend
    Disapproves of CEO
  3.  

    Archstone is a new consulting firm lacking any true identitiy

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

    I worked at Archstone Consulting

    Pros

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

    Cons

    The 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 ManagementAdvice

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

    Doesn't Recommend
    No opinion of CEO
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  5.  

    Great people that care about your development

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Archstone Consulting

    Pros

    Interesting mix of project work

    Cons

    Comp is likely not on par with industry

  6.  

    Small firm built to be sold to The Hackett Group

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

    I worked at Archstone Consulting

    Pros

    The people are smart and come from may firms

    Cons

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

    Advice to ManagementAdvice

    Merge into Hackett

    Recommends
    No opinion of CEO
  7.  

    Archstone

    • 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

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

    Cons

    Still 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 ManagementAdvice

    Develop a long-term strategy and communicate it. More emphasis on strategy practice. More emphasis on operations practice.

    Disapproves of CEO

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