Growthink Reviews

Updated May 6, 2014
Updated May 6, 2014
10 Reviews
3.9
10 Reviews
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Dave Lavinsky
2 Ratings

Employee Reviews

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  1.  

    A Very Interesting Work Environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Engagement Manager  in  Los Angeles, CA
    Current Employee - Engagement Manager in Los Angeles, CA

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

    Pros

    - A place where you will learn a lot. The type of consulting and banking work the firm does, and the kinds of clients it has, really gives you a lot of exposure to a lot of industries and types of analytical work in a short period of time.
    - Fun and supportive company culture. Managers and leaders very committed to the success of the company and to that of the employees.

    Cons

    Everyone is very busy! Sometimes hard to slow down to focus on fewer things as there is so much going on.

    Advice to ManagementAdvice

    - Take more vacations. You all work too hard!
    - Be careful sometimes with all of the responsibility you give young people in the company.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    The Best Company I Have Ever Worked At

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Business Analyst  in  Los Angeles, CA
    Former Employee - Senior Business Analyst in Los Angeles, CA

    I worked at Growthink full-time for more than 3 years

    Pros

    1. Very interesting and a wide variety of clients.
    2. Fun and collegial work environment - really, really great team spirit
    3. Extremely committed and hard-working leadership and management

    Cons

    1. Be prepared to work hard and be asked to wear a lot of hats!
    2. Very entrepreneurial environment so not a lot of administrative resources

    Advice to ManagementAdvice

    1. Lot of opportunities to expand internationally - find time to really focus on them.
    2. Continue to think and dream big!

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Great place to learn and build your career.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Business Analyst  in  Los Angeles, CA
    Current Employee - Senior Business Analyst in Los Angeles, CA

    I have been working at Growthink full-time for more than a year

    Pros

    Lots of variety in the job! We worked with clients in a wide spectrum of industries. Several interesting projects. Flexible management style allows people to take on responsibility early and direct certain areas of the company. Management is friendly and approachable. Was a great place to learn a lot and be exposed to various industries, clients, and project types.

    Cons

    Some lower level projects and clients are frustrating to work with. No growth in salary and long term career development plan.

    Advice to ManagementAdvice

    Seems to be no consistency in how sales team is hired. The mentality of sell a project first then figure out how to get it done later is not effective for the company or clients.

    Recommends
    Neutral Outlook
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  5.  

    Ideal Platform for Entrepreneurial Senior Advisor, Management Consultant, Etc.

    Former Employee - Managing Director, Then Engagement Partner  in  Los Angeles, CA
    Former Employee - Managing Director, Then Engagement Partner in Los Angeles, CA

    I worked at Growthink full-time for more than 3 years

    Pros

    Pros: Growthink / GT Securities is the ideal place to work for senior bankers, consultants, early-stage investors, etc., who want to provide corporate advisory services, but don't want to work as sole practitioners. The firm is one the only places where one can provide integrated investment banking and hands-on strategic consulting services. The compensation potential, for those who can bring in clients, is unlimited (no cap). There is an enormous need for these services in the current market environment and the experience was invaluable. I enjoyed my time there and still work on projects with the firm.

    Cons

    Cons: Providing professional services to early-stage clients is inherently a challenge in the current economic environment, despite the great need for them.

    Advice to ManagementAdvice

    In terms of hiring senior professionals: hire advisors with experience and an existing book of business and client relationships, then support their business development efforts.

    Recommends
  6. 1 person found this helpful  

    Very entrepreneurial work environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager  in  Mount Kisco, NY
    Former Employee - Manager in Mount Kisco, NY

    I worked at Growthink full-time for more than 5 years

    Pros

    Fun, exciting, fast-paced work environment. Direct access to management. Tons of learning and growth opportunities (but don't expect to be spoonfed). As long as you produce results, you'll have autonomy and the ability to choose your path.

    Cons

    The company does not provide very much handholding to new employees (you must be a self-starter to thrive here). Results-oriented workplace can be stressful if you're not used to it. Client work (especially with startups) can be demanding.

    Advice to ManagementAdvice

    Provide more structured and on-going training/education for employees.

    Recommends
    Positive Outlook
  7.  

    former manager

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

    I worked at Growthink

    Pros

    Some of the best exposure to entrepreneurial activity you can find
    Very quick education on the key levers to growth company success, and how to sell and service the SMB/SME
    Some very talented co-workers - analysts have moved on to top-tier law/b-schools, more senior folks have become CFOs/COOs of small to midsize companies
    Fast-paced, forces discipline, the epitome of entrepreneurial

    Cons

    The epitome of entrepreneurial
    Career opportunities are based on company growth, which in turn follows macroeconomic conditions. Since the recession, opportunities for advancement have been infrequent.
    Ongoing training is on the job - a "earn as you learn" mantra. Because it is busy, the right skills are often not developed
    Very few people can both sell and deliver this type of service, although compensation is often tied to both

    Advice to ManagementAdvice

    Commit to skill development and putting the right people in the right positions.
    Evolve product/market fit to improve efficiency of sales process, and by doing so reduce the requirement that people need to be able to both sell and deliver this type of work, which is difficult.

  8.  

    Poor management and lack redundant workloads

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

    I worked at Growthink full-time for less than a year

    Pros

    The vision of the work is interesting. You get exposed to many areas of business development but on the surface level only.

    Cons

    Everything is rushed and there is rarely a chance to dive deeply into the work because of it. There is virtually no career development opportunities. Management structure is strange and in many cases filled by people who should not be at the management level.

    Advice to ManagementAdvice

    Actually consider the managers that you are hiring to lead the consultants and analysts.

    Doesn't Recommend
    Neutral Outlook
  9.  

    Growthink Overpromises and Underdelivers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Consultant  in  Los Angeles, CA
    Former Employee - Business Consultant in Los Angeles, CA

    I worked at Growthink full-time for less than a year

    Pros

    1. There is plenty of autonomy for both project managers and business development consultants
    2. Company offers decent, though not comprehensive, training

    Cons

    1. Quality of deliverables to clients is average to below average
    2. Management suffers from a lack of focus, always enticed by the next 'big thing'.
    3. Pay is average to below average.
    4. Poor hiring practices

    Advice to ManagementAdvice

    1. Specifically target and market to larger clients instead of just hoping to find them by luck or 'numbers'
    2. Dramatically improve training.
    3. The company can grow through sales. Hire better sales people and do not allow project managers to sell.

    Doesn't Recommend
    Negative Outlook
  10. 3 people found this helpful  

    poor treatment of employees and customers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Los Angeles, CA
    Former Employee - Anonymous Employee in Los Angeles, CA

    I worked at Growthink

    Pros

    It is very interesting work and some of the clients are great companies with great management.

    Cons

    Constant overselling of capabilities to get clients to pay and then the work is done by very junior recent college grads who are very smart, but have no real-world experience and are under very strict limits on the amount of time they can spend on a project. This is because once the client pays, then the project is staffed and managed to the absolutely lowest cost possible without sufficient regard to the quality of the work. As a result, few clients return, and few clients give positive referrals or recommendations.

    Advice to ManagementAdvice

    Be more honest with employees and clients. Have more senior people doing the work and focus on delivering quality to the clients. The problems at the company now are a result of a focus on bringing money into the company and it's founders, and NOT on delivering great work to the clients.

    Doesn't Recommend
  11. 2 people found this helpful  

    A company that allows you the oppurtunity and gives you the tools to rise to your fullest potential!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Strategic Advisor  in  Los Angeles, CA
    Current Employee - Strategic Advisor in Los Angeles, CA

    I have been working at Growthink

    Pros

    Growthink gives the opportunity to develope to the highest standards. You are allowed to develop next to some of the smartest groups of people assembled under one roof. The culture encourages nurishment, belief, inspiration and growth. Profits are pumped toward marketing, salaries are earned, growth is encouraged.

    Cons

    You are allowed to work hard every moment of the work day. Your salary comes to you from an honest effort, smart time management and quick development. The learning curve is sharp and constant, lunch time is a time to nurish your ability to prepare for the next engagement.

    Advice to ManagementAdvice

    Open transparency, tough realities could be toned down a few notches for the front line dedicated.

    Recommends

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