There are newer employer reviews for Monitor Group

2 people found this helpful  

Most innovative company in consulting

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Consultant in New York, NY
Current Employee - Consultant in New York, NY

I have been working at Monitor Group

Pros

- Fantastic colleagues: firm filled with supportive, smart, and fun people
- Exposure to cutting-edge thinking on strategy, marketing, organizations, innovation
- Work on important issues for institutions that matter
- Potential for global experience
- Individualized career paths
- Commitment to social impact through New Profit, Monitor Institute, Regional Competitiveness practice

Cons

- Business portfolio currently too focused on Marketing Strategy for Pharma companies.
- Group's priorities unfocused -- too many "group companies", and not everyone in the firm is aware of what capabilities there are out there (this is getting better, due to recent consolidations)
- Lotus Notes

Advice to ManagementAdvice

More transparency on how firm is doing. Report that revenues continue to grow, yet the firm has undergone restructuring in '06 and '08?

Recommends
Approves of CEO

102 Other Employee Reviews for Monitor Group (View Most Recent)

Sort: Rating Date
  1. 3 people found this helpful  

    Monitor Group - Endless Opportunities and Growth

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

    I worked at Monitor Group

    Pros

    *Extremely detailed feedback process keeps you aware of how to improve, and what you're doing well
    *Great opportunity to see many elements of business, if you're doing well and working hard you can attempt most anything you inquire about
    *Highly interesting and engaging work, lots of opportunities for high level interaction with clients and partners once you've established yourself on a couple cases
    *The informal networks are very strong, and very powerful if you're willing to establish them
    *The company has a very unpolitical and merit based feel at the lower ranks
    *The PD adviser system in place is usually very helpful in dealing with questions and comments
    *Most of the people are very hard working, empathetic, self effacing, and love to have fun. This leads to a great culture at the lower levels and a lot of fun can be had at company outings
    *Interviewing process is amazing, and very different. It puts candidates in very realistic situations and is a good indication of what work is like as a consultant
    *Company is very supportive of taking PTO, so long as you set it up ahead of time, and you're not too senior (e.g. not a senior Project Manager or Partner)

    Cons

    *The great diplomacy skills preached and practiced within the company sometimes go too far. The intent behind nearly all messages is obscured, and only the bare minimum of information is passed down from above concerning the firm
    *Human asset decisions can feel very random because of the lack of communication from above
    *Confidentiality policies have run amok. They have gone beyond protecting clients and have started to cut into productivity within the company
    *Benefits staff (one person for the whole company) is heavily strained, forcing people to deal with an ineffective third party benefits group
    *Senior ranks begin to appear political, and there are several partners who don't seem to do much other than collect big checks
    *Because there are no formal paths within the company, it can be hard to know what is really necessary to advance, especially at higher levels

    Advice to ManagementAdvice

    Consider being more open and forthcoming about the intentions, timing and rationale behind internal decisions. Keep up the good work in picking the kind of people everyone can work well with, and clients like to interact with. Consider trying to do what's necessary to keep project managers around long enough to develop the skills they need to effectively manage cases. We at the lower levels would appreciate that.

    No opinion of CEO
  2. 1 person found this helpful  

    The perfect place for smart, intellectually curious dilettantes

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

    I have been working at Monitor Group

    Pros

    The exposure to client C-level problems, and the opportunities for personal growth

    Cons

    The lack of name recognition, (telling someone you work for Monitor doesn't prompt the "wow" that McKinsey does) and the lack of formal training. Monitor has a strong mentorship culture, but it doesn't suffice to make up for a well structured, ongoing, formal training program. Also, total compensation is highly impacted by annual bonuses that are quite substantial, but the process by which the bonuses are allotted is mysterious

    Advice to ManagementAdvice

    Don't overdo the commercialization push --- Monitor is a perfect place for intellectually curious people who have broad interests, who want to make a positive impact... I'm worried that we're losing what has made us a special place, by pushing the commercialization of IP so hard.

    Recommends
    Approves of CEO
There are newer employer reviews for Monitor Group

Work at Monitor Group? Share Your Experiences

Monitor Group

 
Click to Rate
or

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