This company has lost its way and it’s good reputation has gone - Director Consulting Wood Mackenzie Employee Review

2.0
26 Nov 2021
Recommend
CEO approval
Business outlook

Pros

Good salary and benefits Good team members that have been drawn by the brand reputation of old

Cons

WoodMac and PowerAdvocate change leadership like they change their underpants - there is clearly some unhappy people at the top. Strategy is not clear so Executive team get sick of the lack of commitment to a direction and leave. Those that stay are stuck in their ways and are sitting on a pile of cash that they received when WoodMac was acquired and sold multiple times - ultimately ending up in the hands of Verisk - that has no idea what to do with it. Corporate HR are driving a constant headcount reduction agenda because the labour cost is too high. People are constantly watching their backs constantly scared of the witch-hunting HR organisation. Verisk parent company has no interest in pursuing a Consulting business as the revenue streams are volatile. They just want a boring subscription business which drives decisions around consulting resourcing and strategy. VPS are very territorial and do not work together. This limits the work that you get to do and the career opportunities available to junior employees. Consulting and Research don’t work together well and hence have conflicting analysis on many sectors. .

Explore other reviews about Wood Mackenzie

5.0
31 May 2026
Recommend
CEO approval
Business outlook

Pros

Good work life balance and interesting work

Cons

Nothing much to say on this.

3.0
15 June 2026
Recommend
CEO approval
Business outlook

Pros

Appreciated working with smart, driven colleagues; they were truly experts in their fields. The rigorous schedules we were on were strictly maintained, which usually made for a very organized structure and workload.

Cons

Leadership went through many changes and acquisitions while I was there. The mission seemed to keep changing, and it wasn't easy to maintain consistency in our reports with such leadership changes. Market analysts were often pulled onto consulting projects but were not paid as consultants. This is what pushed me to leave.

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