The cake is a lie... Slow and Toxic Culture - Recensione dipendente - Senior Manager presso Capital Group

Slow moving and tedious meeting-driven environment. Constant negativity. Associates talk of wanting to be a tech company and move more quickly, but they just don’t know how to get out of their own way. This place needs a serious shake up with leadership if they hope to be relevant in the coming years. Culture is not what it seems. It has become a toxic place filled with a subversive negativity. HR talks of core values, but fails to uphold them. If you bring an issue to the attention of HR they will try to avoid taking action. People seemed fake. Instead of helping people grow they’ll look for ways to bring you down and prevent any kind of change you bring to the organization. They typically, over hire for roles and limit your span of control into a tiny box. It’s sad that people end up staying for the pay and continue to dread each day of life in the office. Too many meetings and council approvals combined with micromanaging senior leaders slow progress to a crawl. No wonder, change is pretty much non-existent. Decisions take months or even years and opportunity is lost. They don’t realize how much money and time is being wasted which is your investment money being wasted by the way. In this case, talk is not cheap. Talk of the importance of culture is constant, but they don’t know how to nurture it. In most cases, leaders only care about themselves and not the people they lead. Additionally, there is no evidence that active management is actually better than passive and yet they continue to take your money and waste it in their extremely non-productive work environment. So much talk and so little action. Risk avoidance is built into the corporate culture so no one is willing to take a risk on even small changes. Everything, and I mean everything, needs to be reviewed by a committee before a decision is made. The good folks get frustrated and leave and the bad ones stay and act busy just building powerpoint presentations for the next committee meeting. I had high hopes for Capital Group. On paper it looks so good, but the reality did not align with the promise. The longer I stayed the more I became frustrated and depressed. Do not join this organization if you have a strong moral compass, value your time, want to grow professionally or want to make a difference at the place you work.