Yankee Group

www.yankeegroup.com
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Yankee Group Reviews

13 Reviews
1.7
13 Reviews
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Yankee Group President & CEO Terry Waters
Terry Waters
4 Ratings

Employee Reviews

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  1.  

    A great group of people lacking clear direction

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

    I worked at Yankee Group full-time

    Pros

    Worked with some great people in my time at Yankee Group. Direct manager and a majority of the people I worked with on a daily basis were intelligent, fun, and hardworking. Was given the opportunity early on to explore different areas of the company and take on ad hoc projects.

    Cons

    There were a lot of communication issues. Was often given different instructions for the same task and inevitably could not make everyone happy. Teams were insulated and nobody knew what anyone else was doing, which led to mixed messages coming from all directions. Salary was very low for the amount of work assigned. Promotions were few and far between, with many employees stagnant in their positions.

    Advice to ManagementAdvice

    Foster more open communication between teams and people at different levels of the company. Make executable plans rather than half-ideas and give clear instructions. Reward employees who deserve it.

    Doesn't Recommend
    Disapproves of CEO
  2.  

    Someone take this sick old donkey out back and shoot it

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

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

    Pros

    Worked at Yankee for three years. Great, intelligent, driven analysts and support staff.

    Cons

    Shockingly inept, narcissistic and vindictive "leader" shaped company culture with a policy of staff retention by litigation and threats. Attempt to leave and the MA "Non-Compete" dropped like a ton of bricks. Company driven to ruin through mismanagement, disastrous managerial hiring choices and general cluelessness on any strategic direction, compounded by throwing money at "consultants" who sucked the coffers dry. Idiotic PE firm backing this debacle let things slide until demise. 451 acquisition may have stemmed the rot, but only a handful of actual analysts left (have a look at the staff - most of the team is actually a separate data analytics firm in Colombia). Prognosis - terminal.

    Advice to ManagementAdvice

    451 should cut their losses, take the best of the talent and kill the brand. Not sure why it's taking them so long.

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

    Despite the ownership change, still a poor place to work

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

    I have been working at Yankee Group full-time (more than 5 years)

    Pros

    Very few "pros" to point to. Some of the reviews say that it's great to work with smart people and while a couple remain, the talent at YG is far lower than it has ever been in my tenure. A fair bit of autonomy exists so that's a plus and it's great to work in the mobility ecosystem.

    Cons

    YG was sold to 451 Group last year and that has made little difference. Terry Waters being out as CEO has improved morale some but the company still lacks leadership in almost every way. Sales force are really order takers, direction from management tends to be mixed so its hard to know what to focus on. The move away from enterprise and telecom research has made the company less relevant

    Advice to ManagementAdvice

    Invest in talent and bring some top quality analysts back to the fold. Have some team building exercises to improve morale.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    Smart people

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Yankee Group

    Pros

    I loved working with very smart and hard-working people.

    Cons

    High turnover. Many people left to work for other companies while I was there.

  6.  

    A dominant company in the mid 2000s but now just a brand

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

    I worked at Yankee Group full-time (more than 10 years)

    Pros

    A few smart people left but the only real reason to work at Yankee Group now is it provides a stepping stone to other opportunities. 451 Group has added some stability but needs to speed up the integration of the two companies.

    Cons

    Where to start? Company struggles financially. Location used to be better when it was in the Back Bay area of Boston. No real depth at the analyst level. Senior management does not value employee feedback. The brand is ok in some markets but association with the brand can be a negative today.

    Advice to ManagementAdvice

    Focus on company culture. Get rid of employee non-competes and have employees that want to work at the company instead of having employees that are afraid of being sued. This is why there are so many unmotivated workers today

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    If this company is going somewhere it's not any time soon

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

    I worked at Yankee Group

    Pros

    Most remaining employees are very smart and great to work with. Relaxed office environment.

    Cons

    Lack of clear structure and organization. If someone drops the ball it is handed to someone else with no responsibility placed on the person who dropped it. Many employees fulfilling multiple roles due to recent attrition. No or little raises or bonuses in recent years. Difficult or impossible to move up in the company. Benefits kept getting cut.

    Advice to ManagementAdvice

    Hire more people and take care of the employees you have.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8.  

    Great in the late 90's, early 2000's, but went downhill after that.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in Boston, MA
    Current Employee - Vice President in Boston, MA

    I have been working at Yankee Group full-time (more than 8 years)

    Pros

    Great analysts, cameraderie, great stepping stone into the IT industry

    Cons

    Poor management choices over the years, low morale due to attrition, clients saw the writing on the wall

    Advice to ManagementAdvice

    Invest in analysts, and you should never have abandonned the market segments the company was strong in. I never understood why that happened.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9. 1 person found this helpful  

    Many great people, high churn, low morale

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Research in Boston, MA
    Current Employee - Research in Boston, MA

    I have been working at Yankee Group

    Pros

    Many very smart people to work with. Will learn a lot and be able to create a brand name for ones self as a high profile analyst. Perks include flexible schedule and opportunity to travel

    Cons

    Very low employee morale, high employee churn. Analysts are stretched very thin with very little support from sales or executive management. Need to be a self starter and get satisfaction from within to work at Yankee Group

    Advice to ManagementAdvice

    Pay attention to employee morale. Incent with carrots instead of sticks

    Doesn't Recommend
    Disapproves of CEO
  10. 1 person found this helpful  

    Great colleagues but company struggling

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Boston, MA
    Current Employee - Anonymous Employee in Boston, MA

    I have been working at Yankee Group

    Pros

    Great co-workers. Easy to collaborate with others. Very bright analysts. Good benefits package for a small company. Very nice office downtown.

    Cons

    Company is struggling in a very competitive market. Analyst firms are bifurcating into the big shops (Gartner, Forrester, IDC) and small, boutique firms. Yankee falls into the latter.

    Advice to ManagementAdvice

    Put more value in the analysts. Communicate more effectively and show you appreciate their efforts. Work on retaining them. Give them a reason to want to stay.

    Doesn't Recommend
    No opinion of CEO
  11. 1 person found this helpful  

    Highly Unstable

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Boston, MA
    Current Employee - Anonymous Employee in Boston, MA

    I have been working at Yankee Group

    Pros

    YG pays well, and the new CEO (Terry Waters) has charisma, vision, and a practical approach. Most of the employees are great to work with, and try to foster a supportive environment for each other. Some of the neat little perks include free Red Sox tickets and $0.25 20oz sodas in the office's vending machines. The physical office is quite nice.

    Cons

    Extremely high turnover; a lot of people have left or been fired recently, and many of those remaining are nervous. The company is currently in the red (although growing again under Terry's leadership), and employment decisions are fast, harsh, and very bottom-line based. Not a good environment if you're looking for work-life balance or something stable.

    Advice to ManagementAdvice

    Make employee morale a priority.

    Doesn't Recommend
    No opinion of CEO

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