Credera

2.0

Aug 30, 2016

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

Really talented people work here who have good hearts and an amazing work ethic. Practice Leaders, Management Team Members, those who work on project teams, and Corporate team members really go above and beyond to serve each other and their clients. For a firm Credera's size, our client list is reputable and the breadth and type of work performed is enjoyable. For a consulting firm, travel is pretty limited and Managers/Architects and below are generally able to manage work/life balance (the more senior levels, the less this is true). Credera's campus recruiting program resonates with young people, allowing us to hire very smart junior resources who also are very profitable from a business standpoint. Credera's financial performance is generally strong, with double-digit growth from an overall revenue standpoint. We are VERY financially conservative, so we haven't experienced growth like other firms and have struggled to grow in locations other than Dallas. However, the CEO manages costs very diligently to maintain high profitability.

Cons

There is only 1 female and 0 African Americans out of 55 Management Team members. 0 on the Leadership Team, 0 on the Partner Team, and 0 on the Board. The video that shows three women leaders in the firm is misleading - only one is still working at Credera, the ONLY woman leader in the firm. It's a very homogeneously white, male-led company. Unfortunately the CFO recently said he doesn't "see color or gender" and it seems the Partners don't think they have an issue. The rest of us see color and gender and know the data clearly shows there is an issue. Out of 9 partners, only 3 have been promoted through Credera's career path starting out as Manager/Architect or Senior Manager/Senior Architect to then Principal/Principal Architect and ultimately Partner. The 6 other Partners were sought externally. For a company that is about 17 or so years old, that isn't a great track record of grooming successful leaders. The latest Career Advancement video showing a Senior Consultant is misrepresentative of how people truly progress at the top levels in this firm. It is too bad some really strong performers who have given years of great individual AND practice leadership performance for the firm are consistently overlooked. There is no clarity for what it takes to make Partner in this firm. It will be interesting to see who makes Partner this Fall ... anyone? someone with a long track record of success at the firm, or someone relatively new who has 1 or 2 good years, or will they add more Partners from external sources? One thing is for sure ... since the success measures change every year, it really comes down to ... do the top three Partners like you? Finally, we used to discuss the company's charitable giving, but it seems this is now shrouded in secrecy. Why aren't the leaders sharing this information anymore? Are we not giving 20% of our profits away anymore? Most senior leaders in the firm won't write reviews b/c then it could hurt our ability to recruit top talent. So, issues aren't discussed on this site or publicly. These are things that have been brought up to the leaders internally, so this site is not the first time they are hearing it. I just hope this prompts action.

Credera Response

Thank you for your note. It sounds like we really discouraged you. We are so sorry we made you feel this way. Diversity, career progression, and Partner development are all very important topics to our entire firm. That is why, in addition to the programs already in place, each of these are included in the strategic imperatives for Credera’s 2020 Strategic Vision. Regardless, it doesn’t appear we made things right with you before you left the firm. As you might know this isn’t a great forum to try to work through differing opinions, but we do understand your point of view, even if we disagree with your conclusions. We want all of our employees to be completely transparent internally and externally about our firm. Our hope is that individuals will come to us directly so that we can openly discuss their perspectives and for us to make amends, if needed. If at some point you want to talk directly we would welcome the conversation. Just know, we wish you the best, want you to be successful in whatever you do and it is our desire that you (along with every employee we have the privilege of working with) have a fulfilling career.

We have issues no one wants to talk about (on Glassdoor) ... - Anonymous employee Credera Employee Review

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