There are newer employer reviews for Katzenbach Partners

 

Very focused on people

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

I worked at Katzenbach Partners

Pros

- all internal resources built around you as a consultant, sometimes to a fault
- until recently no up or out model
- no offices

Cons

- too few rainmakers; principals can't sell
- little attention to project economics
- sometimes bend over too far backwards for clients

Advice to ManagementAdvice

- bring senior people on as partners
- don't give away the project by extending jobs without more fees
- hold people more accountable for underperformance

Recommends
Approves of CEO

10 Other Employee Reviews for Katzenbach Partners (View Most Recent)

Sort: Rating Date
  1. 1 person found this helpful  

    Blundering firm with blundering partners

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

    I worked at Katzenbach Partners

    Pros

    this is a great place for junior consultants, students fresh out of undergrad programs. At higher levels promotions to principal level is quite questionable, external hiring is quite random as well. Some partners are good at what they do

    Cons

    Very territorial whereas one would expect a small firm to be more cohesive. most partners could not survive in larger tier 1 strategy firms. everyone works a level or two below their official title - most times!

    Advice to ManagementAdvice

    its one thing to talk about empathy and informal networks and quite another putting it in practice. most of the firm is pretty much on different pages, with some offices reading different books altogether. Boy has Booz inherited a mess

    Doesn't Recommend
    Disapproves of CEO
  2. 1 person found this helpful  

    A very difficult economy will test this firm's adaptability

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

    I have been working at Katzenbach Partners

    Pros

    Small, intimate firm environment. Leadership will adjust on some levels to the needs of their people. Firm tries to be transparent as much as possible - good learning experience. Quirky, extremely intelligent people. Generally "nice" or thoughtful people. Core competencies often focus on "nice" things like empathy, pride, leadership, communication. A valiant attempt to merge the "soft" organizational focus with a "hard" quantitative and/or strategic capability. Because our firm is "different", many of our projects seem or feel slightly "different" - not just blindly applying frameworks, so lots of flexibility in problem solving and the consulting experience. Firm members work "nicely" with clients and clients tend to like us as people. Lots of development-focused feedback on performance. Staffing team is also a champion for your personal development. Entrepreneurial spirit still exists to some extent - there is freedom to participate in "extracurriculars". It is a challenging job in an extremely uncertain time.

    Cons

    Somewhat uncertain firm value proposition and strategy in terms of the type of work we want to provide. Partnership has tried to define what they want the firm to be, but it seems to be a continuous problem. A bit of a rift in the firm in culture, strategy, and working style, starting at the partnership level. Smaller firm means a less secure pipeline of work in an uncertain economy. Uncertainty yields discomfort in the ranks in terms of job security and opportunities at the firm going forward. Smaller firm also means there is a very strong "informal network" of gossip and info flow (and political positioning to some extent). Not a great example of how to create work life balance norms. Since every project feels so important to the future of the firm, there is not much impetus to create work life balance. People just dive in and try to over-deliver. In a cost cutting time, "one firm" ideal goes to the wayside as geographies isolate.

    Advice to ManagementAdvice

    Continue to work to define what we want to be as a firm - there is work being done on this, but it needs to be a definitive tack. Strengthen formal business systems to avoid lavishness and lack of control that helped to create a difficult financial situation in 2008. Partnership did a good job of adjusting communications and increasing transparency. In late 2008, the firm was a firestorm of gossip because partners did not communicate consistently or clearly. Since then, they have learned that firm members are discontented and have tried to provide more intimate, honest, and open forums for communication, which has worked well for many employees. Make a decision quickly about how the firm plans to survive what seems like a difficult period of years ahead. Support satellite offices with senior leadership and tailored communications so they don't feel abandoned (there has also been an effort on this front).

    No opinion of CEO
There are newer employer reviews for Katzenbach Partners

Worked for Katzenbach Partners? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.