Capco Managing Principal Reviews | Glassdoor

Capco Managing Principal Reviews

Updated August 29, 2017
23 reviews

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Managing Principal

4.7
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Capco CEO Lance Levy
Lance Levy
3 Ratings

Employee Reviews

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Pros
  • Quality of work-life balance is great (in 32 reviews)

  • Great people throughout the firm with an open and approachable leadership team (in 29 reviews)

Cons
More Pros and Cons

  1. Helpful (2)

    "Great organization"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Managing Principal in New York, NY
    Former Employee - Managing Principal in New York, NY
    Recommends
    Positive Outlook

    I worked at Capco full-time (More than 10 years)

    Pros

    Innovative thought leaders, leading practices focused on Capital Markets

    Cons

    Inability to scale - especially to execute very large contracts


  2. Helpful (13)

    "Inspired like I have never been in my career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Managing Principal in New York, NY
    Current Employee - Managing Principal in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Capco full-time (Less than a year)

    Pros

    Capco has just hosted their first annual Regional Employee Forum. We had three days of the most inspirational leadership, guest speakers, and amazing colleagues. And it was all fun - a non-stop amazing time from start to finish.

    Cons

    Working for Capco comes with the highest possible expectations - you'll find yourself more driven than ever. If you want to take it easy at work, this is not the right place for you.

    Advice to Management

    People want to win and succeed for you - keep stoking the fire that you re-started at the Regional Employee Forum!

  3. Helpful (5)

    "Great Experience at Capco"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Managing Principal in New York, NY
    Current Employee - Managing Principal in New York, NY
    Recommends
    Positive Outlook

    I have been working at Capco full-time (More than a year)

    Pros

    Great People, Assignments can be very challenging, fair compensation, management is very open, focus on a single industry - Financial Services

    Cons

    It is a consulting company - be prepared to travel, some assignments will not be rewarding, the parent company, FIS, does not have the same entrepreneurial drive as Capco

    Advice to Management

    Set a clear direction and have everyone heading in that direction - even if you are not sure that it is the right direction. Find the few people with entrepreneurial zeal and let them explore. Most people want clear direction but you need to give a few people the opportunity to explore and fail to find the future path for Capco.


  4. Helpful (3)

    "A culture of diversity with strong leadership"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Managing Principal in New York, NY
    Current Employee - Managing Principal in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    - A true meritocracy
    - Leadership that are thought leaders and care for their teams
    - Ability to build your own initiatives or part of the business at any level within the firm
    - Access to mentors that are market leaders in their respective areas

    Cons

    - booking expenses on the current expense platform can be a pain

    Advice to Management

    - Keep challenging your teams to be innovators it's what continues to make us successful


  5. Helpful (4)

    "Entrepreneurial, innovative, and energetic culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Managing Principal
    Current Employee - Managing Principal
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Capco full-time (Less than a year)

    Pros

    I am still new to the firm, but I have really enjoyed my time at Capco so far. The biggest pros include

    - Entrepreneurial feel with a big vision for the future. Capco is very nimble in trying new things and getting to market quickly
    - Diverse, fun, smart and engaged colleagues.
    - Strong performance culture, with the opportunity for great compensation
    - Commitment to employees and building and maintaining a great culture - they just sent the entire North American firm for an incredible 4-day offsite in Puerto Rico

    Cons

    - Lacks infrastructure of big firms and internal processes can be confusing
    - As a smaller, younger firm there are fewer clients and projects, which might lead to less diversity in the work
    - Some growing pains, particularly at the mid-levels (as expected) as the company moves from a small start-up to a mid-size firm

    Advice to Management

    Make sure to continue investing in people and rewarding great management and people development as you grow


  6. "Welcome to a bodyshop pretending to be a serious consulting company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Senior Management
    Current Employee - Managing Principal in New York, NY
    Current Employee - Managing Principal in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Capco full-time (More than 3 years)

    Pros

    - Some genuinely great people to work with and hang out with on projects and outside of the office
    - Partners (at least some of them) are trying to be approachable and create a supportive environment
    - Office benefits if you should ever be in the NY office. As other reviewers said fresh fruit, food, coffee abound in addition to some rather ridiculous benefits (massages, etc - what is this, Google?). If not, too bad, no benefits for you, ever
    - Some interesting projects to work on, but this is as likely as winning the lottery

    Cons

    Where to begin, there are almost too many to list here:

    What was once a focused boutique consulting firm with deep expertise has morphed into a worse-run Accenture bodyshop. Kiss goodbye to any challenging and insightful projects, hello bodyshop! You're being sold strategy consulting and innovation while in fact you'll be working on PMO and back office operations projects forever. Little to no room to grow professionally or develop any meaningful industry skills. But not to worry, you're only expected to produce status reports, so as long as you're at Capco you have nothing to worry about. Projects are being managed by throwing bodies at the problem and hoping that something useful will come out of it rather than having a plan.
    Lip service being paid to innovation. Yes there's Capco Digital. No they don't create any cutting-edge solutions in IT or Banking. It's a disguised graphics department that pretends to add value to clients while preparing expensive decks with funkier colors and weird layouts. Nothing that your Kinko's (or 2nd year Art & Design student) couldn't do. It's a gag and a marketing tool, nothing more.
    Training is a full-blown joke and the company should be ashamed of pretending a three person team (two of which are under 27) for over 700 consultants even deserves to be called a “Learning and Development” department. Once you’re in, you’ll be expected to attend some cookie-cutter trainings that teach you no industry skills whatsoever. Doesn’t matter though, since you’re only expected to work on back office paper pushing, there’s little training that is needed. Thinking of actually learning about financial services, technology, capital markets, banking, risk? Sure, just attend one of the many 2h training sessions on a Friday afternoon - developed by some Senior Consultants with too much time on the bench - that’ll surely teach you the hard skills required to get ahead in your career!
    Ridiculous turnover at the company as a whole and HR in particular. If your HR departments becomes a revolving door and your consultants jump ship en masse as soon as promotions are announced or the measly bonus is paid out, you’ve got issues far deeper than you think

    Advice to Management

    Stop pretending to be something you once were but have long since kissed goodbye in pursuit of long-term projects and unsustainable growth driven by having been acquired by FIS. Stop pretending like you’re doing strategy consulting work while you can barely win projects against Accenture, IBM and Deloitte. Stop wasting money on ridiculous company meetings and happy hours instead of investing in your people, processes, support structure and paying out adequate bonuses at year-end.


  7. Helpful (8)

    "Great Leadership"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Managing Principal in New York, NY
    Former Employee - Managing Principal in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Capco full-time (More than a year)

    Pros

    I liked working for Capco because the leadership team was hands on and were easy to speak with and discuss ideas and issues. The team members were a great group of individuals and were good to work with. Projects were large and provided opportunities for all levels of staff to grow.

    Cons

    Bonus program was an issue as the firm only gave a percentage each year of the annual bonus earned.

    Advice to Management

    Consider staff growth, titles, and compensation as compared to competitors so staff better understand how they compare/contrast to other firms.

  8. Helpful (8)

    "Growing rapidly, lots of opportunities"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Managing Principal in Washington, DC
    Current Employee - Managing Principal in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Capco full-time (More than 3 years)

    Pros

    A very social company, lots of energy. The management seem to make a lot of effort to communicate with the people, lots of opportunities for promotions and career advancement. Good tools are provided such as top end laptops, cells etc

    Cons

    Hours can be long on some projects and getting down-time can be a challenge. Very focused in New York and DC so its hard if you are not located there

    Advice to Management

    Makes sure that you do not compromise the quality of the people as you grow so quickly


  9. Helpful (7)

    "Progressive firm, rewards leaders"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Managing Principal in New York, NY
    Current Employee - Managing Principal in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Capco full-time (More than 5 years)

    Pros

    - Meritocracy and entrepreneurial culture with open, smart, driven people
    - Topical focus on Financial Services drives impacting results for FS clients
    - Not a lot of administrative overhead, puts clients first
    - European benefits

    Cons

    - Demanding work (as is managerial consulting)
    - Lack of well defined policies and procedures, or tuned infrastructure
    - Recruiting process is perpetually a challenge with variable timelines and processes followed
    - Brand recognition is a challenge

    Advice to Management

    - Provide paths for employees to more easily transition between long term assignments when desired
    - Continue to ensure there are high hiring standards and high performers are recognized


  10. Helpful (6)

    "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Managing Principal in New York, NY
    Current Employee - Managing Principal in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Capco full-time (Less than a year)

    Pros

    Has won numerous Best place to work awards and its clear why. Its fun. What other consulting firm has such a fun dynamic office right in heart of NY.

    Cons

    tough hours and need to be nimble on feet to move from opportunity to opportunity but the pace is so excting

    Advice to Management

    Continue to focus on building more management consulting work