Dysfunctional and degrading but could have a bright future
Pros
+Company has great potential, particularly with new senior management and new personnel being brought in for the next phase with new THL private equity owners
Cons
-Turnover and talent attrition at all levels is truly staggering, and it seems that there is no recognition or action taken to recognize the habitual patterns and try to curb the problem. There are departments that with regularity for years and years now can’t retain team members for longer than 6-12 months and where quite frequently people have just quit the department and left. -Plenty of fancy titles to go around in corporate segments, just about everyone has a “Head of ________” but no work or results of practical value to show for it, this also creates siloes where groups and people don’t work cohesively as they all try to work on their own “plot of land” rather than with one another for broader team or organizational goals & strategy. -Seems that very little attention or evaluation has been given to ensuring that HighTower has the right people with the right skills and experience for roles at the company, at all level top and mid-level in particular. -Groups don’t work well together, trust is low, collaboration is poor, siloes and fiefdoms have ruled for quite some time. This is the first company I have ever worked at where quite literally nobody will share their calendars with one another so that you can have an awareness of what your colleagues have going on any given day/time. -Disjointed, disorganized, confused mess of a firm, hasn't decided what kind of organization it wants to be with any degree of discipline. It is constantly reorganizing its departments and causing confusion and chaos it has no vision or clear set of priorities.