BCG Digital Ventures Reviews

Updated Jun 30, 2020

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3.8
68%
Recommend to a Friend
82%
Approve of CEO
BCG Digital Ventures Global Managing Partner Stefan Gross-Selbeck (no image)
Stefan Gross-Selbeck
31 Ratings
Pros
  • "Work with many competitive/smart people across many disciplines(in 11 reviews)

  • "Great people, built like a startup(in 8 reviews)

Cons
  • "Can work long hours during key points of a venture which can be exhausting(in 11 reviews)

  • "There have been only a few real success ventures to come out from DV(in 10 reviews)

More Pros and Cons
  1. "I like it here"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Director in Manhattan Beach, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at BCG Digital Ventures full-time for more than a year

    Pros

    Top talent Amazing innovation and output Best benefits of my life Good (not mind-blowing) compensation No layoff policy

    Cons

    Evolving strategy isn't clear Office location

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  2. Helpful (4)

    "Not what it used to be."

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - N/A in Los Angeles, CA
    Doesn't Recommend
    Negative Outlook

    I worked at BCG Digital Ventures full-time for more than 3 years

    Pros

    There's some great people working here and some interesting work to be done.

    Cons

    Extremely political, lots of favoritism and an out of touch leadership team.

  3. COVID-19
    Helpful (7)

    "If you're a Recruiter, don't join this recruiting team."

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Manhattan Beach, CA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at BCG Digital Ventures full-time for more than a year

    Pros

    Great office, benefits and perks.

    Cons

    Toxic Leadership throughout various teams with little accountability. Little remote working flexibility for Operations staff until forced by COVID. Recruiting team is plagued by high turnover, low morale and inexperienced and/or disconnected leadership. There are gross inconsistencies in workload among the team. During COVID, the team has been made to feel as though they have to PROVE every second of their work day during an already incredibly stressful time. Tons of unnecessary/repetitive meetings and awkward "happy" hours.

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  4. Helpful (3)

    "Go somewhere else if you want to do AI/ML"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Data Scientist in Manhattan Beach, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at BCG Digital Ventures full-time for more than a year

    Pros

    - Decent benefits, 401k match, health, pay - Nice folks on the DS team, driven, and friendly - Decent pay for LA tech ecosystem

    Cons

    - Middle engineering management is an absolute joke - Nothing cutting edge - An absent data engineering team - There's barely ever any data in any venture - Ad-hoc cool, wannabe projects that never reached production - No real DS leadership

  5. "Unique experience unlike any other"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Director in Manhattan Beach, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at BCG Digital Ventures full-time for less than a year

    Pros

    - Diverse, smart, hard-working, balanced people - Unique opportunities and work - Amazing beneifts and good pay - Better hours compared to traditional consulting

    Cons

    - Shifting business model can be uncomfortable for some - Balance between consulting versus building - Not highest pay out there - BCG classic slightly higher

  6. Helpful (5)

    "Save yourself and just go work for BCG"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Operations 
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at BCG Digital Ventures full-time

    Pros

    Great colleagues, very smart, engaging people overall. Amazing health benefits, fun office environment, lots of great opportunities to learn and grow.

    Cons

    Middle management is a total mess, with some managers seriously lacking experience and professionalism, while others simply don't even understand what their teams actually do. A big disconnect between expectations from partners/the business and what actual job descriptions are. An overly-complex performance review process that is not-so-subtly manipulated to keep pay increases and bonuses down. Operations is grossly underpaid relative to expectations and workload, especially when compared to billable staff. The more management tries to fix the system, the worse it gets.

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  7. Helpful (4)

    "Not everything it's cracked up to be"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Executive Assistant in Manhattan Beach, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at BCG Digital Ventures full-time for less than a year

    Pros

    Free lunch, some of the people you support

    Cons

    Will get rid of you for their own agenda. If the people you support like you and stick up for you this will not matter. In the end the line manager has her own agenda and will make up any story to get rid of you.

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  8. "Scaling and retaining"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at BCG Digital Ventures full-time

    Pros

    Brilliant people from various backgrounds.

    Cons

    Lack of foundation to help nurture people's growth.

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  9. Helpful (25)

    "Not worth the frustration"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Strategic Designer in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at BCG Digital Ventures full-time for more than a year

    Pros

    BCG name on your resume Amiable junior staff who are relatively talented Small chance to work on projects that are eventually put into market

    Cons

    Digital Ventures is a BCG-purchased implementation group that has doubled in size over the last year. That growth caused dysfunction within the group and amplified dysfunction that already existed. Unclear career pathways, changing product offerings, low pay, limited leadership or learning opportunities, and mismanagement make DV a place to be wary of - even if you think having BCG on your resume is worth the risk. DV's promotions and bonuses differ from BCG. At DV, feedback is not quantitative. A "coach" who is assigned to you when you begin but likely has never worked with you and may not be in the same office as you are is responsible for "pitching" your value to a board who then determines your bonus and promotion chances. This process is opaque. For example, you may receive excellent feedback from colleagues, but your coach may not translate that well to the board resulting in a lack of promotion and lower than expected bonus. My coach recently told me, "no one at DV is responsible for your career development other than you." Inspiring words from the only stakeholder able to support your growth at DV. Working alongside BCG (including BCG hours and travel) is becoming more commonplace at DV. DV can no longer command millions of dollars for three to four months of research before pitching startup concepts as their success rate for ventures is quite low ( roughly 5% succeed). DV has become an implementation arm for digital transformation projects BCG develops. This shift results in less innovative work, long hours, BGC-style work that is very slide focused, a lot of travel, or force-fitting the design process to supply chain or profit problems. With project timelines condensing, teams being BCG/ DV mashups, and project leadership sometimes unclear, learning and development opportunities are limited. Unlike BCG, DV has no formal training sessions. You are immediately staffed and expected to perform a specific role. As an SD, you schedule, execute and analyze interviews with consumers. Many times a BCG or DV partner will cherry-pick which research supports his/ her hypotheses about what a client should invest in and ignore anything that disconfirms these hypotheses. While this isn't inherently bad, it does result in a feeling that the research you've performed is not valuable or necessary. Unlike BCG partners, DV partners have minimal management, industry, or leadership training. Most have some startup background. Most come from failed startups (otherwise, they'd be retired or still at their startups). DV leadership can be inappropriate, and there have been several accusations of harassment. It is common to attend hour-and-a-half meetings where leadership serves alcohol and then mocks DV's work or veers off on self-serving rants about non-relevant issues. With >50 employees, hour-and-a-half meetings to listen to partner rants are quite expensive. Though DV pay is lower than what other firms are offering, partners frequently reward teams with alcohol-fueled outings. It's not uncommon to see directors or partners pouring liquor into associates' mouths during karaoke sessions. If this is your idea of a bonus, this may be a good fit for you; if not, find better pay elsewhere. Many people come to DV because they want to learn how to build businesses, but this is not DV's mission any longer. DV's mission is to support BCG in any way possible to remain funded and relevant to BCG's business model. Though a BCG stamp on your resume may open career opportunities in the future, DV is not worth the time or frustration.

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  10. Helpful (1)

    "Exposure to amazing projects and clients, and high caliber of intellect across co-workers"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Growth Architect in Manhattan Beach, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at BCG Digital Ventures full-time for more than 3 years

    Pros

    Not many places can offer access to this kind of diversity of industries and initiatives. There is a lot one can do in a little amount of time.

    Cons

    Some talent gets left behind while others are not contributing in senior positions.

Found 121 reviews