1. Mismanagement of Projects by MDs - Riveron is a relatively small advisor to PE firms relative to some other consulting firms, and they will bend over backwards to please large, mega-sized PE firms for the chance at getting their business. The negotiating leverage is completely one-sided, and it results in MDs accepting project terms that result in understaffed teams and unreasonable timelines and commitments. Delivery teams (Ds, ADs, Managers) are then under-resourced to adequately deliver and forced to commit to unreasonable deadlines. MDs will then blame the project teams for any issues that come up, without taking any responsibility for setting the project up to fail in the first place.
2. Fearful / Uncertain Environment (Revolving Door of Talent) - little to no retention of talent here; MDs are purely focused on meeting revenue and margin targets, nothing else. My annual performance reviews with the Head of FP&A practice (my supposed 'mentor'), usually consisted of a 10 minute meeting and a paragraph in Workday. Depends on project, but usually a pretty terrible work/life balance.
3. No Camaraderie / Everyone Looks Out For Themselves - people just look out for their own interests, which is a result of the fear-based and unsupportive corporate culture driven down by leadership
4. Extreme Favoritism / Old Boys Club - leaders are consistently promoted based on their relationships (leader of the FP&A practice rapidly promoted to being by far the youngest senior MD in the company previously worked with the head of the performance improvement practice for many years before both came to Riveron). He's easily the worst people manager I've ever been around; couldn't care less about the individuals that work for him and treats them with zero respect or dignity in my experience.
5. Dishonest, Misleading Bonus Structure - in my experience, the company will over-promise and under-deliver (by a LOT) with their performance bonuses (specifically for non-MDs)
