Prescient

  www.prescientls.com
  www.prescientls.com

Prescient Reviews

Updated September 28, 2014
Updated September 28, 2014
17 Reviews
3.2
17 Reviews
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Prescient CEO Jamie Denison-Pender
Jamie Denison-Pender
6 Ratings

Employee Reviews

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  1. 3 people found this helpful  

    Challenging but worth it

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

    I have been working at Prescient full-time

    Pros

    Incredible breadth of exposure to therapeutic and functional areas in the pharma, biosimiliars and medical device areas.
    Quick and generous recognition of talent and hard work.
    Get to speak to and work with an incredible array of leaders in the pharma industry.
    Company is growing and expanding offerings which will hopefully mean more career opportunities internally.

    Cons

    Primary research is a talent and not everyone can hack it so turnover has been high.
    Company is experiencing growing pains as it expands and that does affect us.

    Advice to ManagementAdvice

    Communicate! Don't assume we know what's going on.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Wolf in Sheep's Clothing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst in Summit, NJ
    Former Employee - Analyst in Summit, NJ

    I worked at Prescient full-time (less than an year)

    Pros

    Colleagues were decent people.
    One of the directors that has been there forever is a good person but has no say or power to make any changes.
    Learned a lot about the Life Sciences industry very quickly.

    Cons

    Awful leadership in US (seems like those people are no longer with the company) - manager gave reviews that were great and then would tell director that performance is not great.
    Deceitful in branding - they are a CI company wrapping themselves up as a strategy consulting company.
    Deceitful practices are encouraged to get the job done.
    Leadership in UK is arrogant and has no regard for employees besides their buddies that are PM or above.

    Advice to ManagementAdvice

    Pay attention to the high turnover - it happens for a reason. Talent should be retained but doesn't stay due to the business model.
    Either be a CI company and own it or don't. Stop lying to incoming employees and fooling yourselves into thinking you are strategy consulting. Strategy consultants pay honoraria to to the experts they speak with to provide strategic consulting to clients on non-confidential information. CI companies do not and they misrepresent themselves to get the information they need, even if it is confidential and proprietary.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. 1 person found this helpful  

    Challenging but beneficial work experience. If you can stick it out, it's worth it.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Analyst in Summit, NJ
    Former Employee - Senior Analyst in Summit, NJ

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

    Pros

    Very dynamic, interesting work. You are quickly exposed to, and learn a lot about the pharmaceutical industry. You get to travel (sometimes internationally) to conferences, client sites etc, and often get to stay in nice hotels and enjoy nice meals for these trips (all expenses paid). It's definitely a great way to get into the Biotech/Pharma industry, especially for those who have no experience (fresh out of undergrad, or grad school). Benefits are excellent, PTO is better than most US companies as this company is HQd in the UK; summer fridays are flexible (they let employees leave early provided important work is done).

    Cons

    Previous reviewer was right about the challenges of primary research. It's not for everyone. Oftentimes, the workload can be a lot to bear. Also career advancement often depends on having the "right mentor" and it's very important to forge the right relationships with senior management or you may get left behind. However, if you do the work, and have the right support you will be rewarded, you just have to work hard at making your efforts visible/seen by the right people.

    Advice to ManagementAdvice

    Transparency is key, communication is often lacking. Management need to work hard on these.

    Recommends
    Neutral Outlook
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  5. 3 people found this helpful  

    Great learning opportunities in multiple Therapeutic areas

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

    I worked at Prescient full-time (more than 3 years)

    Pros

    Responsive and empathic management,great learning opportunity,multiple client contacts,national and international travel,new avenues for learning keep opening up,clear cut career pathways within the company

    Cons

    Hectic schedules and long hours come with the job like any other consulting firm. if you are looking for a 9 to 5 gig this is not the job for you

    Advice to ManagementAdvice

    Internal Communication and career management of current employees is key for growth

    Recommends
    Positive Outlook
    Approves of CEO
  6. 1 person found this helpful  

    It's not how well you work, but how well you kiss ass and use other people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Analyst in Newark, NJ
    Current Employee - Senior Analyst in Newark, NJ

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

    Pros

    Exposure to the healthcare and pharma industry, building your network in the pharma industry, good stepping stone to other jobs in consultancy.

    Cons

    Lying to people on the phone to get competitive intelligence, passive bullying at work, very low pay for the junior members, disorganized strategy, "unprofessional" relationships between senior members, hypocritical leaders, lack of a training program, senior members taking credit for your work and then giving themselves huge salaries, bonuses and a promotions, a few token junior members rapidly accelerated to Project Manager because of their "special" relationships with members of senior management, people without medical research backgrounds being transferred from other divisions and replacing other more qualified and experienced people...the list goes on.....

    Advice to ManagementAdvice

    Read the cons section.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7. 2 people found this helpful  

    Not recommended at all

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Analyst in Summit, NJ
    Former Employee - Senior Analyst in Summit, NJ

    I worked at Prescient full-time (less than an year)

    Pros

    Vast exposure to pharmaceutical practices and strategies and you might get to travel to international conferences but that is about it.

    Cons

    In a nutshell "Don't even consider the place unless you are willing to go against everything that is moral, ethical and fair". Though management preaches to be ethical their expectations are that you get the job done by hook or crook. Only people who succeed in the organization are who adapt to their style quickly and become one of them. Most managers are incompetent and cover their incompetence by bullying you. You won't be learning any skills, because there are none to be developed except how to deceive other people. The list can go on and on but this is about good summary about this place.

    Advice to ManagementAdvice

    Could care less about this place

    Doesn't Recommend
    Neutral Outlook
  8.  

    Great company, great people, great opportunities

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

    I have been working at Prescient full-time

    Pros

    Great exposure to the Pharma industry. Very talented people with huge cumulative knowledge (disease area and functional). If you want to learn the Pharma industry this is the place to be. Opportunities for growth and culture that encourages growth. Positive senior management attitude/culture towards addressing issues/concerns of employees. Great bunch of people, nice work environment. International environment and culture. Flat structure.

    Cons

    High-pressure environment, tight deadlines, long hours occasionally but these are traits of the business and not of the company.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 3 people found this helpful  

    Intense and busy experience at times, but v.rewarding if you can hack it!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in London, England (UK)
    Current Employee - Analyst in London, England (UK)

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

    Pros

    Working with big pharma clients is a great experience and is a good in to the Pharma industry, even if you have no experience; very interesting work and you learn lot about the pharmaceutical industry. The people on the floor are great and extremely knowledgeable and easy to work with day to day.

    The company is going through an expansion and changes so more career opportunities internally. Other reviews have said that it is solely a CI company, but that's def not true anymore, CI is part of it but not entirely. the changes have caused some growing pains sure but expansion and change isn't gonna be easy for any company of its size.

    Tough at times but very rewarding. Get through your first year, stick it out and you'll be set!

    Cons

    Busy and sometimes long hours but that's the nature of the consulting type of job. Pretty intense working hours at times, but rewarding if you can hack it. Starting wages could be a little higher for a London based company.

    Recommends
    Positive Outlook
    Approves of CEO
  10. 2 people found this helpful  

    Great people and exciting, rewarding experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

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

    Pros

    Opportunities to learn from and work with extremely knowledgeable people in a very exciting industry; exposure to a great deal of big pharma clients as well as people with all kinds of different backgrounds; never a dull moment; extremely rewarding experience working with people across multiple continents. Great collaborative culture across the offices. If you enjoy a rewarding challenging time that gets you out of bed everyday for a job to challenge yourself, its a great place.

    Cons

    Long hours occasionally but that's the nature of consulting; sink or swim environment, but if you can't swim don't jump in the pool! Overall, ive enjoyed every minute of my time so far.

    Advice to ManagementAdvice

    Keep communicating with people at all levels to maintain transparancy.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Still Disatisfied with so called Consulting

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in London, England (UK)
    Current Employee - Analyst in London, England (UK)

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

    Pros

    Exposure to big Pharma and their competative intelligence work, but remember it is CI not very well respected work! Some companies have banned Prescient from calling them

    Cons

    Ridiculous Leadership! Still a CI company and goes to prospective employees saying we are consulting! Only give solutions no implementation then how it can be consulting!!! Cold calls is a norm in Prescient!!! You need to know how to take advantage of people in conferences and at phone calls by either lying or misrepresenting yourself! Problem is not just lying to their employees but to their clients as well!!!!?!? Np ethics whosoever

    Advice to ManagementAdvice

    Not worth joining!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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