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Lincoln Indicators

Is this your company?

A disorganised mess run by a despot - Anonymous employee Lincoln Indicators Employee Review

1.0
12 Jan 2023
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Lincoln Indicators has a number of dedicated and capable employees who do their best for the enterprise and their customers. Unfortunately, their efforts are often undercut by lack of leadership and direction.

Cons

The business owner/managing director has very limited leadership skills, vision and financial acumen. He surrounds himself with 'yes men' and 'yes women' who are senior managers in the business. These senior managers seldom support the staff and are more concerned about being in the MDs good books. The Managing director often comes up with half baked ideas that he wants to implement. Subsequently, he will abandon the idea half way through implementation because it got too expensive or difficult. When these plans eventually fail he finds a fall guy/girl to blame who will either get pushed out of the business or publicly blamed and humiliated. The level of knowledge of basic investment concepts is sub-par. Given the MD proclaims to be a fund manager, this is very concerning for investors and employees. The monetary compensation at Lincoln Indicators is below market standard. In addition, bonus/incentive payments are often delayed and the MD tries their best to wiggle out of paying bonuses.

Explore other reviews about Lincoln Indicators

1.0
16 Sept 2024
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- It is an Australian company, if that matters to anyone

Cons

- It is run by the son of the founder who has no idea what he is doing, and still runs a business like it is the early 1990s. He creates half-baked ideas and forces the entire business to pivot. When they fail, which they inevitably do, he blames everyone else. Predominantly, he blames the marketing team, despite lacking the proper leadership to create and execute business outcomes. - Cult of leadership: where the entire company culture relies on acquiescing to the son of the founder (the Managing Director) and squashing dissent. This translates to an inability to accept any other ideas (or simply pretend to accept other ideas, while continuing to follow the son of the founders' idea instead). - Low pay. It's significantly below market. Go elsewhere - they don't have much money to spare. - The products deliver zero value to the market. The performance of the managed funds is a joke. Their flagship growth fund has underperformed for an entire decade. - A lot of the 5-Star reviews appear to be written by the HR team.

2
1.0
13 Nov 2024
Recommend
CEO approval
Business outlook

Pros

The non senior management who need a medal for putting up with what they do. No one should have to put up with what they do.

Cons

The CEO & COO are the biggest negative for this business. The way they treat staff is appalling.The founder preaches respect and does the exact opposite himself. Getting people to bust their bolier to complete projects only to then scrap them. He has ridiculous deperate ideas which never work because he is desperate to get cash into the business. Thereplanned and when they always fail because they were never any good he sets about blaming everyone else and never taking responsibility. I haven't put a rating against senior managemtnas they aren't even worth one star. Do not take a position in this business

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