Marakon Reviews | Glassdoor

Find your next job here

Marakon Reviews

37 reviews

Filter

Filter

Full-timePart-time

4.1
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
(no image)
Mason Kissell
27 Ratings

37 Employee Reviews

Sort: PopularRatingDate

  1. "Great Place to start your Career"

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

    I worked at Marakon full-time

    Pros

    Pure Strategy Consulting

    Great Firm Culture

    Early Responsibility

    Incredible Colleagues

    Top Clients

    Great Exit Opportunities

    Cons

    Less CPG and Tech projects sold than ideal

    Advice to Management

    Marakon would be improved if there was a more concerted brand management effort.

    I hope to see the Chicago office continue to grow.


  2. Helpful (5)

    "A dying star - slowly and painfully"

    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

    I worked at Marakon full-time

    Pros

    -Compensation - competitive with top-tier management consulting firms, if bonuses were paid out in full
    -Focus on strategy means clients will usually be very senior - generally C-suite - although typically only partners are permitted to interact with these clients
    -Intellectually stimulating work - generally, the work is great for intellectually curious people who enjoy highly theoretical subject matter
    -The UK office - Marakon is in practice two separately run firms, North America and the UK. The UK office is well-led and full of great people. The "Cons" below apply to the North American offices where I worked.

    Cons

    -Toxic culture - leadership team members are a mix of apathetic and outright hostile. There are NO upward feedback measures in place to create accountability and leadership has flat out refused to implement them when asked by junior team. As a result, partners routinely overwork or otherwise mistreat associates including incidents of name-calling, frequent bouts of yelling, etc. all unaddressed by leadership.
    -Analytical orientation - Highly analytical work, combined with a history of high turnover among associates, means Associates, Consulting Associates, Senior Associates, and Associate Principals can all expect to spend a large portion of their time on analytical work. Generally, everyone is forced to operate one level "down" from their actual title.
    -Everything is "phase 1" - Due to the highly theoretical and often impractical nature of the work, the firm struggles to get repeat business, meaning the projects often end at "Phase 1" which is highly diagnostic and analytical. Consequently the firm often has minimal impact on client performance.
    -Uncertain future - Marakon has consistently failed to meet the annual targets it sets with parent company CRA. This has negatively impacted bonuses (which are subsidized by CRA) historically, but at some point CRA may decide to outright pull the plug.
    -No long-term strategy - Leadership will not settle on a long-term focus or strategy, instead pursuing whatever immediate leads happen to surface. Questions about focus areas, investments in marketing, long-term plans, etc. are addressed with non-answers.
    -Challenges with selling - Marakon leadership struggles to convert leads into actual business, which means business is often slow and there are limited opportunities to get good experience. Despite that, it's nearly impossible to get promoted if you're on the beach for a significant period of time.
    -Inverted pyramid - at one point, the partner-to-associate ratio was frighteningly close to 1. It's improved due to high associate turnover, but it still limits opportunities for forward progress because partners are effectively acting as managers
    -Aging partner base - Most partners who do sell work are likely nearing the end of their careers, with no apparent heirs to keep the firm running. A single additional partner departure could end the firm.
    -Poor relationships with alumni - Leadership team has historically handled departures with immaturity and spite, and most alumni carefully distance themselves from the firm.

    Advice to Management

    -Right-size the partner base - so partners can focus on selling and more junior people get a chance to prove they can be Principals
    -Align on a focus - Stop chasing down every single lead that is available and decide what functions or industries you want to concentrate on.
    -Add upward feedback mechanisms to hold partner team accountable for behavior that is unacceptable in today's workplace

  3. "Amazing culture, interesting work"

    StarStarStarStarStar
    Former Employee - Store Manager in New York, NY
    Former Employee - Store Manager in New York, NY
    Recommends
    Approves of CEO

    I worked at Marakon full-time (More than 5 years)

    Pros

    Strong IP and career development

    Cons

    Small firm and brand recognition


  4. Helpful (2)

    "A True Gem in Consulting"

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

    I worked at Marakon full-time

    Pros

    - Pure strategy consulting means exposure to the C-suite executives and high impact work
    - Tight-knit culture with a group of incredibly intelligent yet humble people
    - A true meritocracy with opportunities to take on a lot of responsibility very early on
    - Great exit opps and MBA placement

    Cons

    - More limited set of projects given smaller size
    - Sometimes unpredictable hours

    Advice to Management

    Continue to invest in developing the people and build out mentorship programs


  5. Helpful (3)

    "I never want to remember this place, from a staffs view of mind"

    StarStarStarStarStar
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Approves of CEO

    Pros

    There were two over see'ers of the firm, if it were not for them and their amazing people skills I would not be able to put any Pros in writing. They were not from the East coast.

    Cons

    Every staff member but for one had serious issues. HR was a mess-personal problems were worn on their sleeves, this group needed weeded out completely. The Managing Partners had ego problems in the NY office. What I saw, witnessed, endured-my manager, HR and the secy's was beyond words. Most of these people were from Fairfield Co., CT.

    Advice to Management

    Back then before the over haul, I would have advised each one to do your jobs, not look for employee's who are eager to put forth greatness and you tried to work against them as was done to me but to see one's value and appreciate who they are.


  6. Helpful (1)

    "Engagement Manager"

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

    I worked at Marakon full-time (Less than a year)

    Pros

    Highly intelligent, driven group of individuals at all levels. Client work that is highly stimulating and challenging. Senior level client access.

    Cons

    50-80 hours per week, including weekends. Client ravel to sometimes out-of-the-way locations four days per week, pretty much every week.

    Advice to Management

    Redouble efforts to find new ways to achieve better work-life balance. It is hard, but the trade-offs are worth it to the company in the long run.


  7. "A truly unique firm"

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

    Pros

    Great projects with a real focus on high-level C-Suite strategy. Great people who are extremely accomplished but do not take themselves too seriously. Amazing level of focus on analytics generally.

    Cons

    Lack of name recognition, although I have been surprised by how many people have heard of us and have a favorable view.

    Advice to Management

    The firm continues to grow at a rapid pace, which should provide everyone at all levels with a significant amount of opportunity to grow and develop.

  8. "Associate"

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

    I have been working at Marakon full-time

    Pros

    Good people, plenty of strategy work, fast promotions, decent pay and bonuses. Appreciate new grads straight out of school

    Cons

    Small, relatively less known. Charles River Associates banner makes it more recognizable. However small feel also adds to the experience if you appreciate start ups

    Advice to Management

    Keep the business rolling in, have more training programs please, try to have comp packages more in line with MBBs


  9. "Neutral"

    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
    No opinion of CEO

    Pros

    If you truly enjoy strategy work, you will have an opportunity to work on major strategic projects at some point

    Cons

    The pipeline of project work is not entirely predictable or stable, so development can ebb and flow

    Advice to Management

    The role of management should be to bring in business that furthers the firm and provides opportunities for junior consultants


  10. Helpful (3)

    "Great place to learn"

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

    I worked at Marakon full-time (More than 3 years)

    Pros

    Great place to build a skill set that is valued by both clients and future employers!

    Doing data analysis (becoming an Excel master) --> generating insights --> creating a compelling case and presentation (becoming a PowerPoint master) --> making recommendations --> having fact-base influence over business-critical decisions being made by executives.

    Pretty awesome to be able to learn how to do that.

    Great opportunities for internal advancement (e.g., sky is the limit, and without needing an MBA).

    Great experience to talk to on resume when looking for jobs elsewhere.

    Cons

    Lots of work, to both client work and internal firm responsibilities.


Showing 37 of 37 reviews
Reset Filters