Lake Forest Graduate School of Management Reviews | Glassdoor

Lake Forest Graduate School of Management Reviews

Updated October 12, 2017
7 reviews

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  1. "Good people, low salary"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Lake Forest, IL
    Current Employee - Anonymous Employee in Lake Forest, IL
    Doesn't Recommend
    Positive Outlook

    I have been working at Lake Forest Graduate School of Management full-time (Less than a year)

    Pros

    Good people, solid business strategy

    Cons

    Pay is low, health benefits are poor

    Advice to Management

    Raise salaries - make sure job matches are correct


  2. "Manager"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook

    I worked at Lake Forest Graduate School of Management full-time

    Pros

    New carpeting and paint downstairs a few years ago. The School is a great deal vs. other options for older adults who lack the time, money and resume to get into a top tier program.

    Cons

    The School is losing money and have seen a sharp decline in enrollment as they continue to double down on the Corporate Programs where they have no core value proposition, competitive brand, defining products or go-to-market strategy despite several years of trying, expanded headcount and good stable of faculty. Their Board has gone from too controlling to letting the part-time non-strategic CEO run the show. Outside of 1 active Board member, they have not done much to help them market their programs to employees. The School used to be alive with activity for students, faculty and alumni. Now - outside of their open houses - there is no buzz beyond the classes - which are getting smaller and smaller each year.

    Advice to Management

    Good luck.

  3. Helpful (2)

    "Trainer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Anonymous Contractor
    Current Contractor - Anonymous Contractor
    Recommends
    Positive Outlook

    I have been working at Lake Forest Graduate School of Management as a contractor

    Pros

    Excellent students, faculty peers. People dedicated to what they are doing. This is a great class room experience. Great and approachable technical staff support. Strong sense that there are proactive outreach and business development initiatives to address enrollment.

    Cons

    Bloated administration. Leadership falling into the classic higher ed model - 'enrollment is down - so I need an assistant!'
    Faculty are all part time - and you can go 6 months or a year without a teaching assignment making it very difficult to stay current with the mechanics of the classroom. Some sr. management appear to resent that faculty might want to be compensated for significant off line work expected meeting, developing courses, etc. "We don't want people who are just in it for the money" was the way this was communicated at a faculty "appreciation" dinner. Why would you dedicate personal time to building your courses with no certainty you will even teach them or only to see assignments go to people who never participate in any of the "off line" work?

    Advice to Management

    1. Level the administration.
    2. Faculty will be engaged in proportion to opportunities to apply their off line work in the classroom. The rule needs to be if you are too busy to do the grunt work, you are too busy to take a teaching assignment.
    3. It is a business school, not a charity. "You don't have to be here" attitude is just another version of "my way or the high way" - which is the basest form of leadership.
    4. Continue the outreach to the business community. Continue to aggressively build the brand.


  4. Helpful (1)

    "manager"

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

    Pros

    Well respected local MBA program
    Committed faculty and staff
    Free MBA for staff
    Easy parking
    Attractive offices
    Free pens
    Lots of meetings rooms

    Cons

    School is getting smaller. Sharp decline in students, class sizes, staff headcount, revenue, budgets, events, etc.
    Corporate programs are growing but face a very competitive market that is challenged by smaller budgets and a local footprint that is really limited to just the North Shore.


  5. Helpful (1)

    "Executive Assistant/Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant in Charleston, SC
    Former Employee - Administrative Assistant in Charleston, SC
    Positive Outlook

    I worked at Lake Forest Graduate School of Management full-time (More than 10 years)

    Pros

    I bring planning, organizing, independence, interpersonal skills and team spirit along with my skills and experience

    Cons

    Tend to push hard and not relax

    Advice to Management

    I have added my certificate of management, I am a pastor's wife, so familiar with confidentiality, public speaking, and leadership with respect for values and integrity


  6. "A small Titanic"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Lake Forest, IL
    Former Employee - Anonymous Employee in Lake Forest, IL
    Doesn't Recommend
    Negative Outlook

    I worked at Lake Forest Graduate School of Management full-time

    Pros

    Small, nimble, trying to stand out in a crowded field

    Cons

    Management is among the worst. They have destroyed a place that had much spirit, dedication,and passion. They never used the talent that they had brought in in the first place. It should never be on a best place to work list, unless you have a morbid sense of best. Just a shame how they have destroyed it.

    Advice to Management

    Clean the top of the house.


  7. "Culture is going downhill with changes at the top."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Lake Forest, IL
    Former Employee - Anonymous Employee in Lake Forest, IL
    Doesn't Recommend

    Pros

    Belief in practical education. You're helping others and that feels good.

    Cons

    Poor management and poor decisions. Don't utilize skills and knowledge of employees. Us/them culture.

    Advice to Management

    Listen to others, you are too small not to value the abilities of everyone there.