XPRIZE

  www.xprize.org
  www.xprize.org
There are newer employer reviews for XPRIZE

5 people found this helpful  

Great in theory. Poorly Executed.

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

I worked at XPRIZE full-time (more than an year)

Pros

Creating an environment which is pleasant for everyone is difficult in fact it is almost impossible. In hopes of achieving their goal of becoming an "award-winning place to work", X Prize created a new contemporary office space which is appealing to visitors. The ideas that come from the development team are astounding in theory with a network of visionaries and leaders that would rival any Fortune 500 company. The operations team takes a concept and creates legal, ethical and inspired competitions meant to change the world. These are not easy tasks nor are they commonplace. It takes a remarkable group of people to create and operate these prizes.

Cons

Unfortunately, the cons far outweigh the pros. Management is so focused on nurturing their own egos and covering their own tracks that they don't focus on their constant internal discrepancies over everything from the core values to their management philosophies (or lack thereof), annual objectives or organizational missions. There is great autonomy when working at X Prize because management doesn't understand how to manage without micromanaging. The staff is continuously confused about the mission of the organization, there is no camaraderie because everyone is pointing the finger at everyone else to avoid the wrath of management and the amount of money spent on new offices should have been spent elsewhere because apparently nobody bothers to show up to work. There are a good number of excellent people who work at the organization but they won't stay for long once they realize there is in fact no change occurring in a place whose mantra is to revolutionize the world. Management is borderline tyrannical. There have been employees who have fallen out of favor who have suddenly and without explanation disappeared from the organization without a trace never to be heard from again. It puts employees on edge and creates a stressful environment.

Advice to ManagementAdvice

Look at the culture you are creating in an open-minded and honest fashion and pay attention to what your employees are telling you. Listen don't judge. Question don't defend. Create a more open line of communication with your staff. Allow your staff to do their jobs without creating fear.

Doesn't Recommend
Neutral Outlook
Disapproves of CEO

20 Other Employee Reviews for XPRIZE (View Most Recent)

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  1. 4 people found this helpful  

    Exciting concept, questionable execution.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Playa Vista, CA
    Former Employee - Anonymous Employee in Playa Vista, CA

    I worked at XPRIZE full-time

    Pros

    Great people, exposure to stimulating ideas and experiences, relaxed work environment. Most people seem very engaged and committed to their work. The organization is attempting to take on massive global issues and isnot afraid to "think big" or "outside the box"

    Cons

    Difficult and slow to execute on everything. Even the simplest tasks and processes require massive amounts of red tape. Leadership is split between two very different management philosophies which rarely coincide and create problems for trying to execute on objectives.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  2. 4 people found this helpful  

    Don't waste your life working her

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Executive Assistant in Santa Monica, CA
    Current Employee - Executive Assistant in Santa Monica, CA

    I have been working at XPRIZE full-time (more than an year)

    Pros

    None. This is a horrible place to work.

    Cons

    So many....this company is run by a bunch of amateurs with huge egos.

    Advice to ManagementAdvice

    Leave! You have no management skills.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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