Diamond Management & Technology Consultants

  www.diamondconsultants.com
  www.diamondconsultants.com

Diamond Management & Technology Consultants Reviews in Chicago, IL

82 Reviews
3.4
82 Reviews
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Diamond Management & Technology Consultants President, CEO, and Director Adam J. Gutstein
Adam J. Gutstein
51 Ratings

Review Highlights

Pros
  • Great benefits - but now they are making you pay for it - so it was effectively a pay cut of (in 9 reviews)

  • live anywhere policy for everyone except analysts and office support staff (in 7 reviews)


Cons
  • Work/Life Balance is challenging due to travel and high intensity projects (in 24 reviews)

  • extremely long hours including weekend work - supervisors send emails at 10-11pm asking for a turnaround by morning (in 6 reviews)

More Highlights

34 Employee Reviews Back to all reviews

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  1.  

    Intern

    • Senior Management
    • Culture & Values
    Former Employee - Intern in Chicago, IL
    Former Employee - Intern in Chicago, IL

    I worked at Diamond Management & Technology Consultants as an intern (less than an year)

    Pros

    Everyone was friendly and supportive.

    Cons

    None. I got what I needed from the internship.

    Advice to ManagementAdvice

    Intra-office top down communication was excellent

    Recommends
    Approves of CEO
  2.  

    Good when it was a startup

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

    I worked at Diamond Management & Technology Consultants full-time (more than 3 years)

    Pros

    Small company that everyone was close to each others.

    Cons

    Was too focus on dot com related works. Once the bubble burst, everything came crashing down.

    Advice to ManagementAdvice

    Take a longer term view.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  3.  

    Diamond is an exceptional technology consulting firm with top notch talent and an equally impressive client list.

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

    I worked at Diamond Management & Technology Consultants full-time (more than 8 years)

    Pros

    Challenging work, uber-smart colleagues, great benefits, good culture, brand name clients, top tier b-school talent, great pre-MBA programs

    Cons

    some of the partners can be amazingly arrogant and even verbally abusive at times - makes already challenging projects more difficult to execute.

    Advice to ManagementAdvice

    Get rid of some of the old "tenured" partners who people can't stand to work with. These individuals are well known throughout the firm.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    A good place to work overall - now an independent part of PwC, be ready to handle some politics

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

    I worked at Diamond Management & Technology Consultants

    Pros

    Compensation, Some of the smartest people to work with, very often good projects. You learn a lot within a short period of time working here.

    Cons

    If you do good, news will travel fast. If you somehow are perceived to do badly,due to reasons within or outside of your control, news travels like wildfire. And bad news sticks on for a long time and you get very few second chances.

    Advice to ManagementAdvice

    Treat employees with a little more respect and ensure that promotions are a little more transparent.

    Recommends
    No opinion of CEO
  6.  

    A dynamic place, bright people, good compensation, great benefits, and up or out policy.

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

    I worked at Diamond Management & Technology Consultants

    Pros

    Good compensation. Excellent benefits. You know what your peers make - compensation is dictated by level, not by shady negotiations. Plenty of opportunities for advancement.

    Cons

    Poor work life balance. Expectations that you will do firm work on top of a 40-hour client work week. Up or out policy.

    Advice to ManagementAdvice

    Make sure the company remains as an independent business unit within PwC. Otherwise it will completely lose its identity and its people will leave.

    Recommends
    No opinion of CEO
  7.  

    Poor in work/life balance and choice in staffing

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

    I have been working at Diamond Management & Technology Consultants

    Pros

    Good salary and good environment for proactive individuals seeking advancement

    Cons

    Poor work-life balance, almost no say in staffing, too much execution work, and not enough appreciation of employees

    Advice to ManagementAdvice

    Pay more attention to work/life balance and career development

    Doesn't Recommend
    No opinion of CEO
  8. 1 person found this helpful  

    Diamond Management is good firm but doesn't value diversity

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

    I worked at Diamond Management & Technology Consultants

    Pros

    Diamond Management is a very small consulting firm with small team size. As a result, you have a lot of access to principals and partners which can be good.
    Diamond also has a great benefits package.
    As far as work/ balance the hours are long like at any consulting firm but it just implemented a Work Balance Day (1 x a week) which is nice.
    There are opportunities to contribute on business development and white papers which can be very rewarding.

    Cons

    Diamond does not have any affinity groups, except for LGBT and Women's Group. It doesn't seem to value diversity too much.

    Advice to ManagementAdvice

    Continue to work on building the firm's reputation and it would be good to focus on diversity a bit more. It is definitley lacking in that area.

    Doesn't Recommend
    Disapproves of CEO
  9.  

    Manager

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

    I have been working at Diamond Management & Technology Consultants

    Pros

    - Very smart people
    - Marquee clients (Fortune 500)
    - Interesting work
    - Entrepreneurial culture
    - Benefits are outstanding
    - Compensation is competitive

    Cons

    - Lot more IT and Program Management work
    - Less choice of what you want to work on
    - Pressure to contribute to firm growth beyond 60-90 hr work weeks
    - Brand name is being recognized more, but still relatively unknown

    Advice to ManagementAdvice

    Provide opportunities to consultants to work in more diverse areas and functions

    Recommends
    Approves of CEO
  10. 1 person found this helpful  

    Incredibly smart, motivated and talented people

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

    I worked at Diamond Management & Technology Consultants

    Pros

    The people are amazingly bright and dedicated to the sucess of the firm. Many consultants have been there for years and are quite passionate about the people and work.

    Cons

    The company could be run far more efficiently. There was a considerable amount of overhead considering the size of the firm.

    Advice to ManagementAdvice

    Change can be a positive thing. While there are many people that have been in their roles for years and are doing well in those roles, others should be moved out to provide opportunity for growth and development around them.

    Recommends
    No opinion of CEO
  11. 1 person found this helpful  

    Be prepared to do a lot of execution & implementation projects, with very little strategy

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

    I worked at Diamond Management & Technology Consultants

    Pros

    --The compensation and benefits package (dental, medical, vision, paid vacation) are both very generous, much, much higher than most small consulting firms

    --Your team members are incredibly smart and talented people, often willing to put in the extra hours it takes to make the final deliverable right

    --Teams take pride in developing relationships with clients and go out of their way to foster those relationships; clients come first and foremost

    --Senior management tries to PROMOTE as much work like balance as they can, but whether or not there is actual work like balance is a different matter

    Cons

    --Very poor staffing - due to the small number of people, consultants are often put into difficult positions where they are expected to deliver results, but with no training or support, in an unrealistic time frame (i.e. business analysts required to write program codes)

    --The annual review process has changed to one where there is much less transparency and even less motivation for senior management to be prompt with after project reviews

    --The focus of work has shifted to form an even greater emphasis on execution projects than ever before; for those looking for strategy consulting projects, this is not the right firm for you

    Advice to ManagementAdvice

    Take the time to listen, and not just to your fellow Principals and Partners (fascinating though the discussion might be), but to Analysts, Associates, Senior Associates, and Managers. While your peers and you might arguably have years of experience under your belts, it doesn't always translate into knowing how to relate to (or even manage) those under you.

    No opinion of CEO

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