11 Employee Reviews (View Most Recent)

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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

Other Reviews for Innosight

  1.  

    Growing, fast-paced firm with tons of potential

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

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

    Pros

    Interesting projects. It's about impact and helping the clients solve their growth problems. The projects focus on finding growth opportunities and helping the client remain competitive and/or innovative in their industry. Also the complexity is what makes it interesting - you have to think analytically and creatively. It's a collaborative effort on teams which is energizing.

    People. Very smart and very nice. Across all levels too. Management wants to hear opinions and there is a culture of transparency and collaboration. There is a strong level of collegiality and camaraderie among the consultants. Management is also conscientious of how to manage the growth while maintaining the culture and the firm's core values.

    Work/life balance. Long hours, intense work, but management tries to make it manageable. Doesn't mean late nights or weekends don't happen, but it's not at a typical level of a consulting firm and varies project to project. Also feels more manageable because the work is interesting. High level of flexibility to work from home when needed (if you're not needed at the client) and generous with time off to handle personal matters and comp days if there's a big push on the project.

    Benefits. Health is covered 100% and the company even contributes to FSA. They also offer 6% 401k match and profit share.

    Compensation is competitive. Base is not as high as the big firms as you become more senior, but it's made up for with bonus, benefits, flexibility, and a better work/life balance.

    Personal and career growth. There are a lot of opportunities to grow personally and professionally. It's not up or out and people are promoted based on performance and not a specific timeline. They use the term "grow or go" Each project brings a new learning opportunity.

    Cons

    Access to management. Partners are almost non-existent in the office other than a couple. Hard to get time on their calendars. When you have their ear, they're helpful and very down to earth, but this is not a place where you will see partners socialize a lot.

    Feedback. It's a formal feedback rich culture, but sometimes it's the same thing over & over again, and the assigned mentor is not always helpful. You have to talk to the people in talent management to get the real answer or translate. There is little informal, in the moment feedback. Many leaders become uncomfortable with real-time feedback.

    Consistency. It can be very different working from partner to partner. There is a level of consistency and standardization that needs to happen so people are not confused and the company can grow. There can be a lot of peaks and valleys in your own performance in one year based on who you're working with and you're left scratching your head.

    Consensus driven - There is a fine line of being collaborative and inclusive versus being too consensus driven. It can stall progress because there are so many opinions. Sometimes management overcompensates for the squeaky wheels in an effort to be inclusive, which just detracts from what needs to be done.

    Advice to ManagementAdvice

    - Be more present rather than having a couple own the relationships with the consultants. We look to you for guidance and inspiration.
    - Share more in-the-moment feedback and make it tangible. Also there needs to be more consistency partner to partner in expectations.
    - Don't always push to consensus to make a decision. There can be too much buy-in that just stalls progress. You're the leaders, lead.
    - Don't lose the culture or sight of the values, which can happen as a company grows and expands its global footprint.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great place to get broad and unique experience

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

    I worked at Innosight full-time

    Pros

    The firm is growing and punches up above what one would expect for a firm its size. Super intelligent and super nice people. Good salary and great benefits. Great place to get experience to build your career. There is a level of flexibility with personal life that I haven't experienced at other places, nor what my friends experience at their consulting firms. It's still consulting and long hours, but they made efforts to help manage it. There has been a transition over the past year and the firm is working through the shift of the focus from execution focused projects to larger transformation projects, where it encompasses both strategy and execution. While change isn't always easy or pleasant, the leadership seems to be conscientious of the impact it could have on the uniqueness of the firm and its culture. The flip side, it's also an opportunity for individuals to help shape as well. The projects were intense and for the most part, interesting. I worked with amazing people and was constantly learning. The firm is very oriented towards their values and focused on maintaining their values with the changes.

    Both a pro and a con - the level of initiative required because it is growing and fast-paced environment. If you don't like fast-paced and working with super intelligent people, this isn't the place for you. It does require confidence. Many of the partners and senior leaders had an open door and willing to collaborate - but you have to initiate it since everyone is busy. I don’t agree with the reviews of if I wanted to work at McKinsey, I’d work at McKinsey. It isn’t McKinsey, it isn’t IDEO, it’s somewhere in between (though more leaning towards McKinsey) and has a lot of potential. They do genuinely care about their people, as another reviewer notes and give people opportunities that they wouldn't have had if elsewhere. At times it felt it was to the detriment of the team (letting people stay too long that were clearly not working out). The trade off is you know they'd be open and fair if it were you on the receiving end.

    Cons

    There is the broader question of the changing value proposition which will be different for some people and what motivates them - the nature of the work, the title, or the money. The salary while competitive is not as high as the big strategy firms, and they try to attract similar talent. Being so busy, there isn't as much direct opportunity for mentoring and learning. It's very on-the-job and while a feedback driven culture, would like to have had more real-time feedback.

    Advice to ManagementAdvice

    Really think about the firm you want to be and the impact on the culture as you make the transition. More consistency in expectations of teams and individuals is important as the firm grows. It can be a challenge project to project - it was sometimes a very different experience working with different partners. Don’t lose the genuineness or compromise on quality of people as you grow. The firm is made up of it's people and don't forget that - mentoring and development is important.

    Recommends
    Positive Outlook
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