A terrible place to work! - Manager DTCC Employee Review

Management - In my opinion the management is completely out of touch with their employees. They are either completely clueless regarding the corporate strategy or extremely poor at communicating it to their employees. Either way, this type of disconnect between management and their underlying employees creates a tremendous amount of distrust. And this distrust leads to employees spending an inordinate amount of time trying to fill in the blanks themselves, which is tremendously counterproductive. Additionally, many of the people in management positions, particularly at the Sr. management level, attained those positions largely as result of their political clout and not because of any tangible management skills. Culture - Some of the management issues outlined above (it is by no means an exhaustive list) has led to a culture of distrust. Many of the employees spend a good deal of their time trying to fill in the blanks left by the void in leadership. Still other employees spend their productive time speculating what might happen to the company in the future, just plain gossiping and/or jockeying for their own political position within the organization. This activity is polarizing and creates an environment wrought with cliques, which in turn leads to the exact opposite of an open, inclusive and productive work culture. Technology - In my opinion the technology is extremely antiquated. As a result, it takes significantly more resources to maintain it than it would if it were built on a more modern platform. Additionally, the outdated and disjointed nature of the technology make it difficult, if not next to near impossible, to accommodate market driven requirement and enhancements.