Great company and culture, committed to improving - Product Manager Morningstar Employee Review

5.0
Apr 9, 2017
Recommend
CEO approval
Business outlook

Pros

Morningstar is a great place to work. It sets itself apart in the financial services industry by genuinely supporting and developing a long-term, investor first approach. This is shockingly rare and deserves praise. This is a place where ideas win. For a firm with ~5k staff, it's fairly flat and it's easy to pitch ideas that will significantly improve the business. It has a great friendly, candid culture that many will find a rewarding and refreshing environment to work within. This is a company that cares about its team. Kunal, the recently appointed CEO, is an impressive leader and has very sensible plans for the company's future. There's recently been a refresh of several key executive positions (marketing, tech, product) and a renewed focus on driving a performance culture. My sense is that Morningstar under Kunal will retain all the stuff that has made it great but he'll take a more aggressive approach to addressing some of our shortcomings. These are all welcome changes and help ensure the Morningstar of tomorrow will be better equipped to continue winning in the marketplace.

Cons

No company is perfect and Morningstar has areas to work on. As with any global firm there's a constant battle between global and local priorities, and we have work to do reduce tech debt and better enable teams to get on with their important work of solving real investor problems.

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Morningstar Response
9y
Thanks for your kind words and thoughtful insights. I couldn’t agree more with your perspective, including your constructive criticisms and advice. I can say with confidence we’re working hard to address all of your suggestions at both the global and local level. But, as you know, some of these shifts take time before the impact is felt. I know many of your comments are relevant to Morningstar globally, but since we’re both in Sydney, I wanted to confirm that in the Australia operation we agree that we must continue to hone a focused strategy. We’ve initiated a strategic plan for the next 10 years that will help guide our resource allocation. This includes focusing on areas where we believe we have competitive advantages, but also includes identifying activities we will stop doing so we can reallocate resources elsewhere. All of your advice to management is very consistent with our goals and where we are trying to take the organization. We’re very happy to entertain specific ideas to keep moving things in that direction, so please keep them coming. And I’d be happy to sit down one-on-one with you to brainstorm and enlist your help. Feel free to reach out to me directly at any time! Thanks again.

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Pros

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Cons

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4.0
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Pros

Great benefits (e.g. 6% of salary 401K matching program, 6-week sabbatical after working 4 years). Good opportunities to switch roles within company. Most employees are great to work with.

Cons

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