Yankee Group Reviews | Glassdoor

Yankee Group Reviews

15 reviews

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1.9
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Yankee Group President & CEO Terry Waters
Terry Waters
4 Ratings

15 Employee Reviews

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  1. "Great in the late 90's, early 2000's, but went downhill after that."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Boston, MA
    Current Employee - Vice President in Boston, MA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Yankee Group full-time (More than 8 years)

    Pros

    Great analysts, cameraderie, great stepping stone into the IT industry

    Cons

    Poor management choices over the years, low morale due to attrition, clients saw the writing on the wall

    Advice to Management

    Invest in analysts, and you should never have abandonned the market segments the company was strong in. I never understood why that happened.


  2. "Someone take this sick old donkey out back and shoot it"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Analyst in Boston, MA
    Former Employee - Senior Analyst in Boston, MA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Worked at Yankee for three years. Great, intelligent, driven analysts and support staff.

    Cons

    Shockingly inept, narcissistic and vindictive "leader" shaped company culture with a policy of staff retention by litigation and threats. Attempt to leave and the MA "Non-Compete" dropped like a ton of bricks. Company driven to ruin through mismanagement, disastrous managerial hiring choices and general cluelessness on any strategic direction, compounded by throwing money at "consultants" who sucked the coffers dry. Idiotic PE firm backing this debacle let things slide until demise. 451 acquisition may have stemmed the rot, but only a handful of actual analysts left (have a look at the staff - most of the team is actually a separate data analytics firm in Colombia). Prognosis - terminal.

    Advice to Management

    451 should cut their losses, take the best of the talent and kill the brand. Not sure why it's taking them so long.


  3. Helpful (1)

    "Despite the ownership change, still a poor place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Research in Boston, MA
    Current Employee - Research in Boston, MA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Very few "pros" to point to. Some of the reviews say that it's great to work with smart people and while a couple remain, the talent at YG is far lower than it has ever been in my tenure. A fair bit of autonomy exists so that's a plus and it's great to work in the mobility ecosystem.

    Cons

    YG was sold to 451 Group last year and that has made little difference. Terry Waters being out as CEO has improved morale some but the company still lacks leadership in almost every way. Sales force are really order takers, direction from management tends to be mixed so its hard to know what to focus on. The move away from enterprise and telecom research has made the company less relevant

    Advice to Management

    Invest in talent and bring some top quality analysts back to the fold. Have some team building exercises to improve morale.


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  5. Helpful (1)

    "Many great people, high churn, low morale"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Research in Boston, MA
    Current Employee - Research in Boston, MA
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Many very smart people to work with. Will learn a lot and be able to create a brand name for ones self as a high profile analyst. Perks include flexible schedule and opportunity to travel

    Cons

    Very low employee morale, high employee churn. Analysts are stretched very thin with very little support from sales or executive management. Need to be a self starter and get satisfaction from within to work at Yankee Group

    Advice to Management

    Pay attention to employee morale. Incent with carrots instead of sticks


  6. Helpful (1)

    "Great colleagues but company struggling"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Boston, MA
    Current Employee - Anonymous Employee in Boston, MA
    Doesn't Recommend
    No opinion of CEO

    Pros

    Great co-workers. Easy to collaborate with others. Very bright analysts. Good benefits package for a small company. Very nice office downtown.

    Cons

    Company is struggling in a very competitive market. Analyst firms are bifurcating into the big shops (Gartner, Forrester, IDC) and small, boutique firms. Yankee falls into the latter.

    Advice to Management

    Put more value in the analysts. Communicate more effectively and show you appreciate their efforts. Work on retaining them. Give them a reason to want to stay.


  7. Helpful (1)

    "Highly Unstable"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Boston, MA
    Current Employee - Anonymous Employee in Boston, MA
    Doesn't Recommend
    No opinion of CEO

    Pros

    YG pays well, and the new CEO (Terry Waters) has charisma, vision, and a practical approach. Most of the employees are great to work with, and try to foster a supportive environment for each other. Some of the neat little perks include free Red Sox tickets and $0.25 20oz sodas in the office's vending machines. The physical office is quite nice.

    Cons

    Extremely high turnover; a lot of people have left or been fired recently, and many of those remaining are nervous. The company is currently in the red (although growing again under Terry's leadership), and employment decisions are fast, harsh, and very bottom-line based. Not a good environment if you're looking for work-life balance or something stable.

    Advice to Management

    Make employee morale a priority.


  8. Helpful (1)

    "nice place to work, but company is struggling"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Analyst in Boston, MA
    Current Employee - Senior Analyst in Boston, MA
    No opinion of CEO

    Pros

    knowledgeable group of people, people are nice and generally get along well. the work is very interesting and you get exposed to a lot of opportunities and information. smart analysts can establish a name for themselves

    Cons

    below market rate pay, dysfunctional executive management

    Advice to Management

    pay people fairly, listen better to employee feedback, better communication


  9. "High Caliber Company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Research Analyst
    Former Employee - Research Analyst
    Recommends
    Neutral Outlook

    I worked at Yankee Group (More than 5 years)

    Pros

    The company, old and new, has many very talented and knowledgeable analysts and industry experts. Clients respect the advice and market expertise the firm, and its employees offer.

    Cons

    Can sometimes be a challenge to manage the balance between providing research and generating new business


  10. "Analyst"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook

    Pros

    Great people to work with

    Cons

    It is in a shrinking market

    Advice to Management

    Pay more


  11. "A great group of people lacking clear direction"

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

    I worked at Yankee Group full-time

    Pros

    Worked with some great people in my time at Yankee Group. Direct manager and a majority of the people I worked with on a daily basis were intelligent, fun, and hardworking. Was given the opportunity early on to explore different areas of the company and take on ad hoc projects.

    Cons

    There were a lot of communication issues. Was often given different instructions for the same task and inevitably could not make everyone happy. Teams were insulated and nobody knew what anyone else was doing, which led to mixed messages coming from all directions. Salary was very low for the amount of work assigned. Promotions were few and far between, with many employees stagnant in their positions.

    Advice to Management

    Foster more open communication between teams and people at different levels of the company. Make executable plans rather than half-ideas and give clear instructions. Reward employees who deserve it.


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