Ingenious Reviews

Ingenious has ridden the wave of its previous success for far too long and is now lost with very little direction. Leadership and strategy from the top is non existent despite the Board thinking otherwise. It is very well recognised that a number of external factors have played a part with the difficulties that Ingenious have seen in the last 2/3 years however, what isn't recognised are the internal mistakes that have been made, particularly from a senior management point of view. The lack of strategy and vision has undoubtedly led to a huge turnover of staff in the last 12-18 months. This is in addition to the two redundancies that have taken place in the past year (July 2019 and June 2020) so the business has lost a lot of knowledge and drive from those who once propped up the business. It is a shame to see but until there is a recognition and complete overhaul of leadership and vision, the company will continue to go the way it has been in recent years. It is not the place it used to be and won't be if the archaic, rigid and attitude of "senior management always knows best" stays in place.

- A single shareholder owner by HNW individual. Perhaps was once involved in the company however hardly seen these days and feels like he has left a sinking ship. Due to a single shareholder the CEO is more like a puppet than anything else and micro manages every detail from individual transactions to investor communications. - There is a distinct lack of trust in the company with the senior team filtering information to the rest of the company. A strong inability to answer straight questions and promises often left unfilled. Has created a feeling of disdain between those that lead and those that do. - Salaries are 25% under market value (independent analysis) however used to be supported by significant bonuses. The company has however made a loss for the last two years with no sign that it is likely to change in the next few years. - Company plays on its once great reputation however has sat on its laurels for too long and is now significantly behind its competitors and unwilling to change. - Senior management take too long to make any decision meaning the company continues to loose both money and reputation. - Senior team are too interested in maintaining their large salaries as they approach retirement age than take a risk to revitalise the company for future generations. In particular the department heads will say one thing to their team and another to the CEO often selling out their team to make sure they are seen to align with the CEO. COVID-19 - Company was reluctant to send employees home for remote working. - No history of remote working in the company due to lack of trust by management. - Further evidenced by the fact we still use desktop machines rather than laptops.