Wood Mackenzie Reviews in Houston, TX

Updated August 26, 2014
Updated August 26, 2014
52 Reviews
3.2
52 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Wood Mackenzie CEO Stephen Halliday
Stephen Halliday
30 Ratings

Review Highlights

Pros
  • Good Work Life Balance since the reach team don't have many deadlines to catch up with (in 18 reviews)

  • Great Benefits with some leeway to handle life issues (in 5 reviews)


Cons
  • The culture stresses work/life balance almost to a fault (in 3 reviews)

  • Lack of diversity in senior management (in 4 reviews)

More Highlights

16 Employee Reviews Back to all reviews

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  1. 1 person found this helpful  

    Current Employee

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

    I have been working at Wood Mackenzie full-time for more than 8 years

    Pros

    Great benefits and good people. Good work/life balance.

    Cons

    Still very UK centered even though Houston office is as large and will continue to grow.

    Advice to ManagementAdvice

    Let go of "old" way of doing things and let the US management team manage.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Unlimited potential constrained by senior management

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

    I have been working at Wood Mackenzie full-time for more than 5 years

    Pros

    Professed commitment to work/life balance--5 weeks of vacation you're expected to take, some flexibility on work hours otherwise as long as the job gets done, fabulous opportunity for industry exposure, collegial community. You couldn't do better as a

    Cons

    Prehistoric IT, glacial decision making, internally vs. client-focused management based in the UK, bad management in Houston in particular. Research is second-rate compared with sales and loosely-defined management.

    Advice to ManagementAdvice

    Leadership in North America is still too internal and Wood Mac-centric. Get client-focused leaders who understand business opportunities rather than the Wood Mac culture. Recent changes have been positive, but please stay the course. Understand that good research products generate sales, not the other way around.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3. 4 people found this helpful  

    Poor leadership, undervalues employees, hierarchical

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Managing Consultant  in  Houston, TX
    Former Employee - Managing Consultant in Houston, TX

    I worked at Wood Mackenzie full-time for more than 3 years

    Pros

    The firm places a high priority on benefits besides financial - 5 weeks of vacation, good health insurance. That is about the only good thing.

    If you are fresh out of university, this is a good place to learn and absorb content before moving on or returning to school. People who leave happy seem to be those who get out while the getting is good, usually less than two years.

    Cons

    Salary is well below comparable firms, there is always some excuse not to pay bonuses, they move targets mid year to avoid paying bonuses, leadership is quite poor, there is a disproportionate influence from Edinburgh (HQ) and from people who have never worked anywhere else, it is more important to spend time in place than to do go work, you get punished for doing too well and standing out, mid level management works very hard to defend territory and demotes managers who don't get with their program, the firm doesn't commit to anything fully and consequently never really does anything well.

    Best advice for applicants - read the review thoroughly. The number of starts I see in the reviews doesn't truly reflect the tone of the review. The stars suggest positive reviews, but read between the lines in the text and you'll see people aren't very happy.

    Advice to ManagementAdvice

    Get rid of the middle management layer who is holding the company back, allow people to advance based on ability instead of tenure, stop using the "we are a cheap Scottish company" as an excuse, create a transparent review process instead of one where we managers end up fighting for our team regardless of ability because we know centralized management takes the majority of the year's gains and leaves nothing for good performers outside of the UK.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5. 2 people found this helpful  

    Disorganized due to ego munching managers

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

    I worked at Wood Mackenzie full-time

    Pros

    Great Benefits with some leeway to handle life issues
    They hire smart guys who know nothing of the areas they are working in.

    Cons

    They have an uncompromising determination to achieve excellence in everything they undertake, but lack the support to get there.

    Advice to ManagementAdvice

    Someone should be the overall regional office head on location to ensure quality and take care of each units Head responsibility to produce results as requested by another Head, manager or senior analyst.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  6.  

    Research Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Upstream Research Analyst  in  Houston, TX
    Former Employee - Upstream Research Analyst in Houston, TX

    I worked at Wood Mackenzie full-time for more than 5 years

    Pros

    The level of clients you interact with is unmatched, particularly relative to other junior roles. Your coworkers are extremely intelligent. You are constantly learning. Your presentation and analytical skills improve immensely through working there.

    Cons

    The work gets mundane after 18 months. The type of work does not change. The managers are not very encouraging. Their Scotish culture is very "glass empty". There is limited opportunities to transfer between research groups. The culture stresses work/life balance almost to a fault. Nothing ever gets done. The product outputs move at a snails pace. The technology that is meant to support your job is awful and forces tasks to take much longer than necessary.

    Advice to ManagementAdvice

    Be more upfront with junior analysts on where they rank amongst each other. You need end up wasting an employees career by refusing toe either fire them or allow them to transfer groups. You keep many junior analysts in career limbo.

    In terms of corporate strategy, have some sense of urgency, your competitors are putting out better products. Quite allowing everyone to leave by 4pm. Successful companies push their employees. You are allow your workers to become complacent and lazy.

    You need to have a rotational program for your junior analysts or they end up getting bored and leaving.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Senior Analyst

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

    I worked at Wood Mackenzie full-time for more than a year

    Pros

    Work-Life balance, global reach, family like atmosphere

    Cons

    European centric management, little technology support

    Advice to ManagementAdvice

    Transition to global management and need non-UK based upper executive managment

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Uncertain future

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

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

    Pros

    Work/life balance. Helpful coworkers. Supportive and nice culture.

    Cons

    Compensation, career growth (reaches stagnation in 2 years), lack of new ideas and projects, senior management still struggling to figure out what the company should be like in next 5 years. A conflict within company whether to project itself as a data company or research or consulting firm. Company severely lacking deep talent at low and mid levels.

    Advice to ManagementAdvice

    Acquire a data management company and relieve research and consulting groups from playing data handling roles.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Challenged by Change

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Product Manager  in  Houston, TX
    Current Employee - Product Manager in Houston, TX

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

    Pros

    Culture of personal respect and courtesy, benefits, decent distribution of age groups across the employee population, smart people. Challenging and interesting work.

    Cons

    Run like a university, not a business. The "Deans" with long tenure and established relationships have created silos and cliques that will be difficult but necessary to break down to continue growth at the pace we would like to see. Technology treated as a cost center instead of a business necessity; pay below industry averages in the US market. Too much value for form over function.

    Advice to ManagementAdvice

    Continue to bring in senior staff with regional and targeted content experience and business backgrounds and delegate authority to run their areas - keeping budget approval at the exec level is like asking the child to keep going to Dad for pocket money. Spend money on improving database development and creation, not more new grads who require more time from line management for training.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Great Culture and balance in Work/Life

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

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

    Pros

    So many things the company puts forward to ensure that you have a great work/life balance. wonderful community and culture that supports lots of collaboration.

    Cons

    Because it is a European company, the structure is not set up for advancement unless you "pay your dues" which generally means you have been with the company for a long time, more than you have contributed a great deal.

    Approves of CEO
  11. 3 people found this helpful  

    UK-centric management style

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

    I worked at Wood Mackenzie full-time for more than 8 years

    Pros

    Highly-talented employees.
    Great benefits and good work/life balance.

    Cons

    Very UK-centric on everything.
    Micro-managed.
    Very limited growth opp unless your based in their Edinburgh office.
    Not sensitive to regional styles.

    Advice to ManagementAdvice

    Diversify the management and allow regional styles to be explored. Management is very UK-centric and even regional offices are being micro-managed by managers brought over from the UK. This is not positive and can cause disrupt.

    Positive Outlook
    Approves of CEO

Wood Mackenzie Photos

Wood Mackenzie Edinburgh Office
Wood Mackenzie Edinburgh Office
Wood Mac attending the UNSW Internship Fair - Wednesday 30 July 2014
Wood Mackenzie Edinburgh Office

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