Pros
In my view, with present economic conditions and current status of BE's, there are still a few reasons to work for BearingPoint. One reasonable reason to work for Bearingpoint at this time would be that if you believe you can help make a difference in turning the company around. Ed, the present CEO, has a difficult task at hand, and can use the help. Another reasonable reason to work for BE at the time of crisis would be to help lead the change and execute on the strategy brought forth by Ed. If you have researched the company, understand the risks ahead, and believe in Ed, then BE will not disappoint you and provide you opportunities to get engaged on projects, possibly aligned with your strengths. I entered BE to strengthen my knowledge of various industries in a short timeframe. As other consulting firms and inherent nature of the business, I was pleased with presented opportunities.
Cons
In my opinion and personal experience with BE, it lacks a fair/complete performance evaluation process. In addition, I do not agree with metrics used to evaluate performance of employees at all level. E.g. Sustaining growth number during declining economy, while addressing increasing attrition is an unrealistic expectation. By no means, is it an easy task to provide a fair career progression model for 17000+ employees but fixing fundamental issues with the model and communicating reasons for the chosen metrics is an equitable request. Furthermore, most practice leaders I have worked with rather show profitability in the responsible area with less concern to companies outlook as a whole. Some in my opinion do not understand what it means to be a publically traded companies much less the associated responsibilities. Sr. Mgmt lacks the enthusiasm and devotion to harness and grow younger talent to help make a better future for BE.
