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Smart Team, Politics Outpace Performance

Vice President, Technology
Current Employee
Has worked at Morgan Stanley for 20 years
September 7, 2017
New York, New York
4.0
Doesn't RecommendPositive OutlookDoesn't Approve of CEO
Pros

Very smart people, who can learn from each other. A well-oiled machine with very mature processes and procedures. A culture of consensus, teamwork, and respect.

Cons

Parts of the firm are understaffed, leading to a stressful environment.

Career and pay are based more on politics and less on performance.

Out of touch with the external world, especially in the technology divisions.

Advice to Management

The firm is terribly unprepared for millennials at the workplace. This applies to culture, managers, empathy, perks, empowerment, etc.

Middle and lower management are in the weeds, and management directives are either ignored or implemented half-heartedly.

It's time to take a breath and ponder.

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