Wood Mackenzie reviews

The majority of the cons of working at WoodMac stem from what can only be described as a toxic culture and very poor management. The majority of mid to lower level management have no business managing others. I can not tell you the number of times I had to beg for something to do that actually required brain power. Needless to say day to day life at WoodMac became boring very quickly. It seems like any constructive criticism of how to improve WoodMac's processes and products seems to fall on deaf ears. During my time at WoodMac I made several suggestions to upper level (head of research), mid level (directors), and lower level (managers) management. Every one of them brushed off my concerns and the problems went unaddressed. After a while I just stopped offering improvements since there didn't seem to be a point. You should note however that this is a common complaint at WoodMac. Read some of these other reviews. Management's concern in producing top notch products for clients seems to be waning. Sure they'll throw together a new software tool and try to market it to clients every now and then, but it often leaves much to be desired and room for improvement. As far as management is concerned as long as it sells they don't care about improving it. Lastly, there is a very high turn over rate and lack of opportunities to seriously grow your career. Look on LinkedIn. Most people are here for a year or two at most. Upper management is convinced this is because the industry is competitive. The reality is the smart people WoodMac hires quickly see the problems WoodMac has and how they don't seem to care about solutions. Can you blame them for wanting to leave asap?

The consulting arm has intense workload but pays well below top firms. The saddest part is that people have learned to accept it. Little variety of project work in consulting. You will be doing market outlooks for various commodities 90% of your time. This will affect your exit opportunities if you stay for too long. WoodMac is viewed as primarily data/research company in the market. Keep this in mind if you look for consulting experience. Diversity in middle and top management can be better.