Lacking opportunities, insufficient management skills - Anonymous employee Management Events Employee Review

Company management has similar structures as in family-owned businesses. Management team is an old friend group which works together over 10 years. The management does not want to include any new members, they want to keep the same team even though the industry and leadership skill set evolve over time. This friend-group management limits the turnover growth and profit level almost to zero. The problem occurs as the management cannot implement any robust direction for the company. Unfortunately the lack of profitability directly causes the sharp decline in average earnings for every employee in the company.