BCG Digital Ventures Reviews | Glassdoor.ca

BCG Digital Ventures Reviews

Updated Jan 19, 2020

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4.0
77%
Recommend to a Friend
85%
Approve of CEO
BCG Digital Ventures Global Managing Partner Stefan Gross-Selbeck (no image)
Stefan Gross-Selbeck
24 Ratings
Pros
  • "Work with many competitive/smart people across many disciplines(in 9 reviews)

  • "Great people, built like a startup(in 7 reviews)

Cons
  • "Hard work, long hours, stressful but helpful team(in 9 reviews)

  • "There have been only a few real success ventures to come out from DV(in 9 reviews)

More Pros and Cons
  1. "Great company to build companies"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Director in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at BCG Digital Ventures full-time for more than 3 years

    Pros

    Lots of new challenges every day

    Cons

    Lots of pressure to deliver

    BCG Digital Ventures2020-01-08
  2. "Scaling and retaining"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at BCG Digital Ventures full-time

    Pros

    Brilliant people from various backgrounds.

    Cons

    Lack of foundation to help nurture people's growth.

    Continue reading
    BCG Digital Ventures2020-01-19
  3. "Highly recommended"

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

    I have been working at BCG Digital Ventures full-time

    Pros

    - excellent culture - super smart and nice colleagues - good working environment

    Cons

    - some ventures can be a bit consulting heavy

    BCG Digital Ventures2019-12-18
  4. "Exposure to amazing projects and clients, and high caliber of intellect across co-workers"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Growth Architect in Manhattan Beach, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at BCG Digital Ventures full-time for more than 3 years

    Pros

    Not many places can offer access to this kind of diversity of industries and initiatives. There is a lot one can do in a little amount of time.

    Cons

    Some talent gets left behind while others are not contributing in senior positions.

    BCG Digital Ventures2019-11-24
  5. "Good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Software Engineer in Sydney
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at BCG Digital Ventures full-time for more than a year

    Pros

    - As an engineer you get to experience many different technologies since every project is different - Flexibility in learning and lots of opportunity to skill up - Work with many competitive/smart people across many disciplines - Work on 'consulting' skills as an engineer - Work with the biggest companies - Really good work flexibility - Great travel perks

    Cons

    - Feels like you're building POCs and MVPs most of the time - Teaming issues can arise since teams form and disband all the time on different projects - Some projects can seem pointless/directionless - Tensions can arise due to setting unreasonable expectations/scope

    BCG Digital Ventures2019-11-25
  6. "。。。。"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Engineer in Shanghai, Shanghai
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at BCG Digital Ventures full-time for more than 5 years

    Pros

    work life balance is very good

    Cons

    Unclear rules and regulations which make the office disordered

    BCG Digital Ventures2019-12-04
  7. Helpful (15)

    "Not worth the frustration"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Strategic Designer in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at BCG Digital Ventures full-time for more than a year

    Pros

    BCG name on your resume Amiable junior staff who are relatively talented Small chance to work on projects that are eventually put into market

    Cons

    Digital Ventures is a BCG-purchased implementation group that has doubled in size over the last year. That growth caused dysfunction within the group and amplified dysfunction that already existed. Unclear career pathways, changing product offerings, low pay, limited leadership or learning opportunities, and mismanagement make DV a place to be wary of - even if you think having BCG on your resume is worth the risk. DV's promotions and bonuses differ from BCG. At DV, feedback is not quantitative. A "coach" who is assigned to you when you begin but likely has never worked with you and may not be in the same office as you are is responsible for "pitching" your value to a board who then determines your bonus and promotion chances. This process is opaque. For example, you may receive excellent feedback from colleagues, but your coach may not translate that well to the board resulting in a lack of promotion and lower than expected bonus. My coach recently told me, "no one at DV is responsible for your career development other than you." Inspiring words from the only stakeholder able to support your growth at DV. Working alongside BCG (including BCG hours and travel) is becoming more commonplace at DV. DV can no longer command millions of dollars for three to four months of research before pitching startup concepts as their success rate for ventures is quite low ( roughly 5% succeed). DV has become an implementation arm for digital transformation projects BCG develops. This shift results in less innovative work, long hours, BGC-style work that is very slide focused, a lot of travel, or force-fitting the design process to supply chain or profit problems. With project timelines condensing, teams being BCG/ DV mashups, and project leadership sometimes unclear, learning and development opportunities are limited. Unlike BCG, DV has no formal training sessions. You are immediately staffed and expected to perform a specific role. As an SD, you schedule, execute and analyze interviews with consumers. Many times a BCG or DV partner will cherry-pick which research supports his/ her hypotheses about what a client should invest in and ignore anything that disconfirms these hypotheses. While this isn't inherently bad, it does result in a feeling that the research you've performed is not valuable or necessary. Unlike BCG partners, DV partners have minimal management, industry, or leadership training. Most have some startup background. Most come from failed startups (otherwise, they'd be retired or still at their startups). DV leadership can be inappropriate, and there have been several accusations of harassment. It is common to attend hour-and-a-half meetings where leadership serves alcohol and then mocks DV's work or veers off on self-serving rants about non-relevant issues. With >50 employees, hour-and-a-half meetings to listen to partner rants are quite expensive. Though DV pay is lower than what other firms are offering, partners frequently reward teams with alcohol-fueled outings. It's not uncommon to see directors or partners pouring liquor into associates' mouths during karaoke sessions. If this is your idea of a bonus, this may be a good fit for you; if not, find better pay elsewhere. Many people come to DV because they want to learn how to build businesses, but this is not DV's mission any longer. DV's mission is to support BCG in any way possible to remain funded and relevant to BCG's business model. Though a BCG stamp on your resume may open career opportunities in the future, DV is not worth the time or frustration.

    Continue reading
    BCG Digital Ventures2019-11-12
  8. "Fun at first - still has a lot of growth pains"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Specialist in Manhattan Beach, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at BCG Digital Ventures full-time for more than a year

    Pros

    Great people, creative environment, and benefits/perks are good.

    Cons

    Reviews and salary are about who you're friends with.

    BCG Digital Ventures2019-11-16
  9. "Great place to grow and work"

    StarStarStarStarStar
    Former Employee - Consultant 

    I worked at BCG Digital Ventures part-time

    Pros

    -good pay, decent benefits, good management

    Cons

    -poor company culture, poor area

    BCG Digital Ventures2019-11-14
  10. Helpful (2)

    "Poor leadership hampers a company with a great vision and ample opportunity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Lead PM in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at BCG Digital Ventures full-time for more than a year

    Pros

    BCG brand and benefits Opportunity to work on multiple startups

    Cons

    - Unclear career pathways (with a highly dysfunctional review process) - Low pay - Limited learning opportunities - Mismanagement by partners Unclear career pathways: One of the most poorly run review processes. Highly political even at mid-levels. Limited scope for specialists as they get more senior - partners consolidate all the power and look for minions Pay - Lower vs benchmarks (benefits are great though). Only level that pays market is at partner (they make $1mn+ for what is effectively a 9-6 job, leaning on BCG partners to sell and teams to execute) Limited learning opportunities - No structured training like in normal professional services firms Mismanagement by partners - Unable to drive sales - they're highly reliant on BCG partners who add far more value as they know the industry and have deep relationships. Unable to boost sagging morale of teams. Most partners at DV are in the best jobs of their lives and cling on to it.

    Continue reading
    BCG Digital Ventures2019-12-13

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