Thread regarding Huron Consulting Group Inc. layoffs

So guess what happens next?

We can vent as much as we want. Nothing is going to change!!!!! Sorry to be the party p--per. This is Huron's corporate culture. As long as leadership is incentivized to manage P&L by downsizing, nothing will change. Current model is if revenue is low then cut people to keep operating margin constant. VP, MDs, SDs all get significant bonuses from that! The only goal is to get the stock price up and sell the share to pocket some cash. Look at the history of this company since it's inception.

If an activist investor buys the company and blows it up, meaning enforce a mass resignation of VP, MDs, SDs, may be there is some hope, as small incremental changes and leadership's lip service are not working. It requires radical action taking. Did you notice how the workload of analysts and associates increased? They are doing all the heavy lifting. Did their bonuses got substantially bigger too? No. The risk and reward is disproportionate and growing in that direction. You will be promoted or rewarded as long as you s--- up to everything your manager or project lead demands!

Most clients in healthcare had been through prior consulting engagements from various firms, and they know what works and what does not. They are looking for customized services and offerings, not another cookie cutter tool they have to purchase with the Huron engagement. And clients also have the ability to separate sales pitch by Huron project leads from actual personalized "how to" models that could be sustained in client's environment. Our healthcare leadership and project leads on the other hand is focused on data so that we can populate the tool and create a database. Leadership thinks this helps them with not relying on SMEs. There is a disconnect between data gathering and data interpretation and lack of understanding what process deficiencies exist.

A tool does not solve problem for the client. It brings revenue to Huron. Most clients are figuring out that the hard way. Clients already have too many tools. And yet they could not solve their problems and hired Huron or any other consulting firm. So guess what happens next? No further healthcare project or extension to Huron.

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| 2805 views | | 1 reply (February 23, 2017) | Reply
Post ID: @OP+KIODL5e

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right on the money. we continue to see co-workers reach out to their friends and see if the other firm would be interested in themselves. once the healthcare team sees the meager bonus "for all the hard work that we at the Huron Leadership appreciate" "but there is still alot of work ahead of us". how many times have we heard that BS. even the MD's are patting analysts on the back and telling them to be patient, things are getting better. (sip the koolaid). If others can't see the writing on the wall, it's not my problem. I've written up my resignation letter and will deliver it the day after my bonus is delivered. I want Huron to be drop down on my resume. It was a stepping stone, but it's getting slippery to continue to stay.

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Post ID: @1heen+KIODL5e

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