Belo - Small company holding a lot of small companies | Glassdoor
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There are newer employer reviews for Belo

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Helpful (1)

"Small company holding a lot of small companies"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Director in Dallas, TX
Former Employee - Director in Dallas, TX
No opinion of CEO

Pros

Prior to the current downturn in the media advertising markets, Belo Corp. treated its corporate employees very well. Work was not particularly demanding and was mostly focused on ensuring that periodic reporting was completed on time. Management was very supportive of maintaining a good work-life balance, with there seldom being any difficulty in scheduling vacations or personal time. Compensation was well above market for similar positions.

The company is very proud of its place in the community as a journalistic entity. It commited significant resources to being first adopters of broadcast technology.

The reader is cautioned that these impressions were formed prior to the current downturn in television advertising markets and prior to the spin-off of the company's newspaper properties into A. H. Belo Corporation.

Cons

Being a small company that existed to consolidate financial results from geographically diverse media holdings, the corporate structure was very compact. Movement between corporate and the operating units, or between operating units, is rare. There are no clear advancement paths within the company, and opportunities to move up in one's field are highly dependent on others vacating their positions through attrition. Many employees were effectively promoted in place, or given title promotions and increased pay without receiving any additional responsibilities. The company was slow to dismiss non-performing employees.

The company was very lax in developing and enforcing policies related to performance reviews and promotion. In four years with the company I was given only one cursory performance review, that coming after my first six months.

The company developed, and then later dropped, MBA recruitment, emerging talent and executive development programs. No follow-on programs were adopted to replace those efforts.

The company was not focused on innovation or growth, but rather on maintaining the operations of its media properties. The company's stated strategic goals were extremely wishy-washy to the point of meaning everything and nothing at the same time. Nobody in management appeared to be capable of the type of vision necessary to address the declining consumption of network television news and programming.

Advice to Management

Management needs to develop an actionable strategic vision, communicate it and hold employees accountable to it. Bonus policy should be decoupled from simple revenue or net income achievement and be made dependent, in some part, on achieving operational improvements or developing new businesses. More and concerted effort should be placed on identifying growth areas for the company.

The company needs to develop advancement paths for employees to give them exposure to more aspects of the business, including assignments in different areas of operations and corporate. Compensation should be more closely tied to performance and achievement of discernable goals and be less dependent on managers' whims.

Other Employee Reviews for Belo

  1. "In general things are good at Belo but I am a bit worried about the industry in general and the pressure on margins"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Norfolk, VA
    Current Employee - Anonymous Employee in Norfolk, VA
    Recommends
    Approves of CEO

    Pros

    they have higher standards than most similar companies in the industry

    Cons

    like many companies they are becoming more and more focused on the short term cash flow and less and less on the long term prospects

    Advice to Management

    Be innovative but don't overreact and make changes for the sake of trying something new or different.


  2. "Treated like little children."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Account Executive in Dallas, TX
    Current Employee - Account Executive in Dallas, TX
    No opinion of CEO

    Pros

    Prestigious, entertainment biz is fun, flexibility of sales.

    Cons

    micro managment central. treated like children. Take away commissions like it's nothing. paperwork hell. I used to sell, not 80% what I do is paperwork in order to ensure we pass an audit.

    Advice to Management

    trust us, communicate and motivate us with money, treat us like the adults we are!!!

There are newer employer reviews for Belo
There are newer employer reviews for Belo

See Most Recent

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