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3 people found this helpful  

Fun, Fast Growing Innovation Consulting Firm That Genuinely Cares About Its Employees"

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

I have been working at Innosight

Pros

- Growing at 50% or so year over year. Amazing career potential as firm opens new offices and acquires new clients.
- Extremely interesting projects (new business development, innovation capability building, etc.)
- Diverse, genuinely passionate co-workers and management. VERY entrepreneurial culture.
- Just the right about of travel. Work out of office instead of at client, except when traveling on average 2-3 times per month.
- A TRUE work life balance. 9am - 6pm when not traveling. Flexibility to do
- Comparable pay to other top tier firms such as McKinsey, Bain, BCG, etc., but with about 50% less hours (per hour compensation is nearly unbeatable)

Cons

- Less training and feedback than Big 3 (McK, Bain, BCG)
- Potential for fast growth to weaken talent and culture, hurt work/life balance, and diminish quality of work (don't think it will happen though)
- Watertown location and new office in Lexington, MA not ideal. Need higher profile, downtown offices in multiple locations.
- Industry diversity: most projects in CPG, Financial Services, and Healthcare. Need to expand into new industries.

Advice to ManagementAdvice

Don't grow too fast. It could hurt the firm in the long run. Continue to maintain work/life balance for employees despite growth. And keep up the good work!

Recommends
Approves of CEO

11 Other Employee Reviews for Innosight (View Most Recent)

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  1. 1 person found this helpful  

    Great up and coming firm that punches way above its own weight. Enormous opportunity.

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

    I have been working at Innosight

    Pros

    * Most interesting consulting work around - nearly every project is about identifying or developing new growth for businesses (e.g., new markets, new customers, new products/services)
    * Nature of consulting work leads to better work/life balance. You won't sift through enormous excel spreadsheets to create complicated pricing models... Also, travel is much less (at least in junior ranks). It varies by project, but average is probably 4 nights/month away from the office
    * Enormous personal and professional opportunity based on firms stage: This firm is young and small (~40 consultants), but growing its size and profile. Everyone at the firm is able to contribute to high profile client work, to write (and get published in Forbes, Business Week, HBR, etc) - even the analysts have opportunities to write for these publications - and find opportunities for promotion

    Cons

    * Firm's size and age (relatively small and young) mean that there isn't as much structure and feedback as other larger firms (the McBainCGs of the world) have. If you aren't the type who is comfortable knocking on a partner's door and saying "I'd like to try X, I think it would help the firm in Y way, can we talk about how I can do it?" then you might be disappointed, and feel like the promised opportunities never materialize for you.

    Advice to ManagementAdvice

    Articulate more clearly the long-term career plans the firm has for its employees (e.g., if you want them to stay and not go to MBA, etc, lay out a path for them at the firm)

    Recommends
    Approves of CEO
  2.  

    Experience at Innosight

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst
    Current Employee - Analyst

    I have been working at Innosight full-time for more than 3 years

    Pros

    Opportunity to create real impact

    Cons

    Middle tier of the organization had many manager but a few eladers

    Advice to ManagementAdvice

    -

    Recommends
    Positive Outlook
    Approves of CEO
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