XPRIZE - Great in theory. Poorly Executed. | Glassdoor
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There are newer employer reviews for XPRIZE

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Helpful (7)

"Great in theory. Poorly Executed."

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Anonymous Employee
Former Employee - Anonymous Employee
Doesn't Recommend
Neutral Outlook
Disapproves of CEO

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

Pros

Creating an environment which is pleasant for everyone is difficult in fact it is almost impossible. In hopes of achieving their goal of becoming an "award-winning place to work", X Prize created a new contemporary office space which is appealing to visitors. The ideas that come from the development team are astounding in theory with a network of visionaries and leaders that would rival any Fortune 500 company. The operations team takes a concept and creates legal, ethical and inspired competitions meant to change the world. These are not easy tasks nor are they commonplace. It takes a remarkable group of people to create and operate these prizes.

Cons

Unfortunately, the cons far outweigh the pros. Management is so focused on nurturing their own egos and covering their own tracks that they don't focus on their constant internal discrepancies over everything from the core values to their management philosophies (or lack thereof), annual objectives or organizational missions. There is great autonomy when working at X Prize because management doesn't understand how to manage without micromanaging. The staff is continuously confused about the mission of the organization, there is no camaraderie because everyone is pointing the finger at everyone else to avoid the wrath of management and the amount of money spent on new offices should have been spent elsewhere because apparently nobody bothers to show up to work. There are a good number of excellent people who work at the organization but they won't stay for long once they realize there is in fact no change occurring in a place whose mantra is to revolutionize the world. Management is borderline tyrannical. There have been employees who have fallen out of favor who have suddenly and without explanation disappeared from the organization without a trace never to be heard from again. It puts employees on edge and creates a stressful environment.

Advice to Management

Look at the culture you are creating in an open-minded and honest fashion and pay attention to what your employees are telling you. Listen don't judge. Question don't defend. Create a more open line of communication with your staff. Allow your staff to do their jobs without creating fear.

Other Employee Reviews for XPRIZE

  1. Helpful (7)

    "Awesome concept, frustrating execution"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Change the world, work with some amazing people and innovators and learn about fascinating things. Good benefits package, workplace food, often get extra days off!
    HR really tries. Looks good on resume (for those who don't know the organization).

    Cons

    Leadership with limited/no experience in running successful companies/non profits, yet some of highest salaries in non profit field and also a bonus package. Both leaders have two assistants. Board of Directors (not Trustees) full of friends of leadership so does not take a stand. Senior management likes to empire build. Relationships with related companies / personal business interests for leadership leads to self interested decisions. Inefficient and rigid processes and practices lead to poor donor stewardship and poor funds stewardship as well as frustrating good employees.

    Advice to Management

    Clean up the entanglement issues before they cross the line. Think about what wouldn't look good if the LA Times did an investigation and get it sorted. Hire people who actually know how to lead a non profit. Focus on sponsors and donors and proving great value or they won't return and will say bad things to other potential donors and sponsors.


  2. Helpful (4)

    "Please pay attention - flock won't follow"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Anonymous Contractor
    Former Contractor - Anonymous Contractor
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at XPRIZE as a contractor (Less than a year)

    Pros

    ideas that could change the world
    People that care to make change in the organization

    Cons

    The leader, the leader, the leader and then other 2 musketeers (president and cfo). Totally don't get it. Focused on their own wealth increase. Tyrants, egos, narcissistic megalomania

    Advice to Management

    Treat people with respect. Get out of the way. Stop unethical practices. Stop feeding your own other companies with XPF donor funds.

    The board needs to get on board and make this stop.

There are newer employer reviews for XPRIZE
There are newer employer reviews for XPRIZE

See Most Recent

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