Dana Corporation Reviews
Updated Jan 18, 2012 – Reviews are posted anonymously by employees.
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Company Rating Based on 30 ratings Employees say it's "OK" |
CEO Rating
Based on 2 ratings
President and CEO |
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Pros
Dana offers a challenging environment, posseses a strong technical focus and offers competitive compensation. The central and technical center are modern. growth is global.
Cons
Financial challenges may force additional cuts and structure changes.
Multiple CEO changes in the last 3-5 years has left many unsettled.
Advice to Senior Management
build confidence within the ranks via good communication, steady product line strategies and leadership, and clear plans for improvements in competitiveness
Pros
Peope are great
Company pay and benefits are fair overall
Cons
Poor systems
Poor Processes
Management direction changes more frequently than the direction of the wind
Advice to Senior Management
Actually try understanding the details of problems and contribute to and support solutions.
Try thinking longer term than just their next bonus check.
Pros
People at the lower ranks are nice. There are people you can trust. Work can be challenging at times. There are supervisors who like to help.
Cons
Dead end jobs - little chance for advancement. Once you enter a department, "they" label you for that role and they will treat you as able to perform only those jobs.
Pros
The work environment has been relaxed but steady.
Cons
The corporate structure is not well defined for advancement.
Pros
coworkers are awesome
very relaxed work environment
great pay
Cons
disconnect between senior management and other workers
Pros
Good technology adoption eases work
Cons
Top down management limits improvement by workers
Advice to Senior Management
Elicit employee involvement
Pros
Company tries to maintain employee benefits even in the present economic downturn. A lot of good people were forced out of the organization due to the auto slump.
Cons
Could have diversified into the alternative energy market earlier. Management at the Thermal Division was to laid back and depended exclusive on the auto sector. Needed a better stratgic plan.
Pros
Good quality products and good people to work with. The management for the most part is good to work with and will help you whenever necessary.
Cons
Company was in bad finanical times, not much room for growth or opportunity. Salaries were below the industry average and so were benefits.
Advice to Senior Management
Take pride and respect your employees. The people that have been with Dana for many years are invaluable and can not be replaced.
Pros
The new leadership team is strong and very proactive. The outlined corporate strategy is clear and it should return financial stability back to the company. There are great opportunities for advancement with in the financial and supply chain organizations. Dana has a laid back corporate culture and stresses the work life balance. Management allows for flexible working locations in some cases.
Cons
The work can be repetitive and many simple tasks are complete manually. Navigating Dana's matrix structure can be confusing and the flow of information suffers as a result. Maumee, OH provides a quite place to live but does not offer any excitement.
Advice to Senior Management
Continue to clarify the corporate strategy to employees. Stress the importance to collaboration between divisions (eg: Engineering, Sales and Finance)
Pros
The people are what makes Dana strong. The compensation has been within market ranges and opportunities for growth are possible for those who try to excel.
Cons
Senior Management and current and past CEO's during the past 5 years have been horrible. Never have I seen such a greedy attempt to build a golden parachute and jump ship. Until this corruption is rooted out Dana will never return to the profitable state it can achieve. In this current economy Senior managment should be totally on a performance based compensation and not able to negotiate the multi-million guaranteed salalries. Never have I seen such a morally bankrupt management structure, they should be ashamed.
Advice to Senior Management
Lead by example. Stop draining the company dry and eliminate the wasteful "entitled" benefits you are collecting. Try supporting your family using current employee level benefits. If you truly want to see Dana succeed, eliminate the waste and clean house in the high levels of management. Way to many cheifs and not enough indians.
