Company lives inside the Greentech Bubble but it's about to pop - Mitarbeiter (anonym) bei Ogin: Mitarbeiterbewertung

2.0
14. Juni 2014
Mitarbeiter (anonym)
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CEO-Befürwortung
Geschäftsprognose

Pros

Great talent base, great people to work with, from around the world (much of the workforce is Danish or Indian). Good pay and benefits, including gourmet catered lunches (I put on weight there). Primary locations in renovated historic buildings in Waltham, MA and Silkeborg, Denmark are attractive environments, as is operation in Charlton, MA. Chance to learn renewables industry and operate in startup environment, including performing as many functions as you can handle. Environment has strong sense of renewables evangelism. Seems like over half the people are VP's, Directors, Managers, or Senior something, so a good place to get a good title for your resume. A large number don't live near where they work, so commute long distances (even intercontinentally) to work. Very well funded - there's a lot of venture capital looking for greentech investments, and Ogin is more plausible than many. The shrouded turbine concept does provide some performance enhancement, as others who have tried it have found, and Ogin does have a technically-valid tweak on the concept. Electrical and controls group in Denmark is outstanding in every way. A large number of people in both countries are Vestas alumni, some GE too.

Kontras

Business plan is infeasible - cost of extra material and processing with shroud cannot be made up in performance, as others who have tried it have found as well. Cost disadvantage gets worse with size, limiting prospects to repowering old wind farms with small 1980's turbines that could be more competitive with new utility-scale machines anyway. Management talks about distributed and community wind markets, but those are not known even to exist. Secondary advantages of bird friendliness, noise, and visibility remain undemonstrated and of questionable commercial value even if they're real. Only two prototypes exist and have not shown the necessary performance results. Company has not made a single commercial sale, and none are in sight. Ogin is trying to repower wind farms it has bought or controlled instead, to prove the concept, but that would be years away. Board of directors, and major investors, operate in the same "greentech bubble" as Ogin management, lack the technical, manufacturing, and operations expertise needed to realistically evaluate the company's plans and status, or provide useful guidance. Their background is mainly in finance or Silicon Valley software, not very applicable to heavy machinery. Numerous negative leadership behaviors exist, unfortunately, due to growing frustration and panic that The Dream is not going to come true. Decision-making is erratic, impulsive, too often personality-driven. Strong messenger-shooting mentality, leading to repeated firings of people who apparently don't Believe In The Dream strongly enough to overcome the laws of physics or market realities. Numerous others are looking. Top management listens to very few individuals, and not well - need to hear what they want to believe is strong. Much time and money spent on a pointless name change that eliminates any guidance as to what the company is, a wind turbine manufacturer/operator. Technical leadership lacks either engineering or program management expertise despite their resumes. Much distraction of effort on developing standard, non-differentiating wind turbine components, with which leadership is familiar, even though the shroud is the company. Scattered physical locations of people, even for such a small firm, cause numerous communication friction problems.

Mehr Bewertungen zu Ogin entdecken

5.0
31. Mai 2018
Mitarbeiter (anonym)
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CEO-Befürwortung
Geschäftsprognose

Pros

Best place to start with.

Kontras

More interns should be given a chance

3.0
10. Feb. 2016
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CEO-Befürwortung
Geschäftsprognose

Pros

In the beginning, Ogin was a fun place to work. Anything was possible. With the right manager, work-life balance was outstanding. We had a lot of pride in our work and were completely dedicated to the company's success. As time went on, we saw that management was spreading itself very thin by planning a very optimistic business plan while not putting much resources into the engineering of the product itself.

Kontras

Staffing of the engineering team designing the product was too thin. Engineers started leaving the company and they were not being replaced. Smaller teams were expected to take up the slack. Corners were cut. Problems obviously developed. Personally, I put in so, so so many hours to make my team a success. I volunteered for assignments and sacrificed so much to help make the company successful in those tough times (as did many of us!). I thought I was valued for this. In the end, I was forced to realize that I was simply an employee. Expendable. I was part of the lay off in November 2015 when 25% of the workforce was deemed "redundant" (their word, not mine).The company is approaching the end and executives have stopped communicating to other executives and upper management. Direction and focus have eroded from teams. Morale is gone.

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