ToolsGroup Reviews

2.7

26% would recommend to a friend

(59 total reviews)

Sean Elliott

13% approve of CEO

23% positive business outlook

ToolsGroup has an employee rating of 2.7 out of 5 stars, based on 59 company reviews on Glassdoor which indicates that most employees have an average working experience there. The ToolsGroup employee rating is 30% below average for employers within the Information Technology industry (3.9 stars).

Reviews by job title

59 reviews
1.0
20 Mar 2024
Recommend
CEO approval
Business outlook

Pros

If you were lucky enough to be hired in the past year or so, one of the positives is that your salary was heavily inflated and you were valued more than others

Cons

Where to begin... - The finance department's leadership can't even be really called Leadership. It's barely management the way they have no idea who does what and how any of the vital operations work. The financials for this company must be wild with all of the debt they went into for companies with 0 potential - The CEO talks the talk, but the team around her either doesn't understand anything about management or picks and chooses what to bring her way. Speaking as someone who has brought up a handful of issues in a timely manner, I was always told that "something's in the works" and then left to battle the fire drills that occurred as a result of poor leadership. It's every department and it's not getting any better - Retaining talent at this company should be a piece of cake. You have tons of people that genuinely loved (emphasis on the past tense) their jobs and loved producing good work. Now there's no incentive to work hard because there's no chance anyone from the previous regime will get promoted. - Growth in revenue is always projected, but good lord, there were rarely any actual real wins from the sales teams. The cash management was always pushed onto accounting and it never felt like they had a chance to breathe. Kudos to the AR collections teams for putting up with the BS from customers and some of the sales folks that said "they would handle it" and it would never get resolved. - Good leaders held their departments, but were often bullied into a corner. All of the good employees are on their way out as I suspect the bonus payout isn't great and there won't be any increases in compensation. Expect a lot of resignations in April/May. - Boston Office culture is dying as a result of everyone leaving. You had great talent in the office and as a result of Poor management, no promotions, or just being cheap, you lost a lot of them. Hire an office manager and don't push it on whoever had it after Aaron. I'm sure you're "still searching for a good candidate" for the 24th month in a row

1.0
12 Mar 2024
Recommend
CEO approval
Business outlook

Pros

Regrettably, identifying positive aspects of Toolsgroup in its current state proves to be an insurmountable task

Cons

Overall Experience: Deeply Disappointing Reflecting on my time observing and interacting with Toolsgroup, I find myself yearning for the company's former glory. It's disheartening to witness a once-thriving business undergo such a drastic decline under its new leadership. Each day seems to push the company further into turmoil, a far cry from the progressive and innovative organization it once was. The heart of the issue appears to lie with the current CEO, whose leadership style is characterized by a focus on appearances rather than substantive improvements. There's a palpable lack of direction and a disconnect from strategies that could potentially revitalize the company. This superficial approach, prioritizing saying the "right things" over taking meaningful action, is a disservice to the organization's potential for a rebirth and improved standing in its industry. Compounding these challenges is the state of the executive team, which seems to be adrift, lacking cohesion and clarity of purpose. The C-suite's disengagement from the company's core objectives is alarming and suggests a broader systemic issue that needs immediate rectification. Equally concerning is the condition of the product and technology teams. The absence of a clear, unified goal has led to a fragmented effort, with individuals testing software in isolation rather than collaborating towards the company's broader objectives. This siloed approach is detrimental to innovation and efficiency, hindering the company's growth and competitiveness. The marketing department's virtual nonexistence further exacerbates the company's plight. Without a solid marketing strategy, Toolsgroup is invisible to potential clients and partners, severely limiting its growth prospects. The sales team's performance, or lack thereof, mirrors this overarching theme of dysfunction. A lack of professionalism and accountability has resulted in a stagnation of sales activities, with the team celebrating non-existent victories instead of striving for actual achievements. In conclusion, Toolsgroup is at a critical juncture, reminiscent of the Titanic facing iceberg after iceberg. The analogy extends not only to the magnitude of the challenges but also to the urgent need for intervention. It is my sincere hope that the investors recognize the severity of the situation and undertake a comprehensive overhaul of the C-suite management. Without significant and swift changes, I fear for the company's future viability and its ability to recover from this downward spiral.

1.0
17 Apr 2024

How to convert confidence into concern

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Working at ToolsGroup will be beneficial to your supply chain career if you are a recent graduate or have 1-2 years of experience. However, number of experienced individuals available for learning is diminishing on alarming rate.

Cons

Back in 2020, I would have confidently stated my intentions to remain with ToolsGroup for the foreseeable future. My sentiment has shifted ever since. ToolsGroup used to be a company of people that took pride in their work and were willing to put extra efforts when necessary. However, Since 2022 the company has witnessed its most dedicated employees depart all over the world, leading to a noticeable loss of its core values. Regrettably, little has been done to address this issue. When someone announces their resignation from ToolsGroup, the common response they receive is 'I understand why you are leaving!', which does little to boost morale or inspire confidence in the company's future. On the business front, Competitor have experienced rapid growth and captured market share that was once the bread and butter of ToolsGroup. The strategy of going after 'fancy' logos without a strong base of satisfied customers is proving to be ineffective. The lack of sales suggests either performance issue within the sales team or a lack of demand for ToolsGroup's software. Historically, ToolsGroup has pursued mergers as a means to boost their position in the market. however, it has done little to nothing. This raises questions about the rationale behind these mergers in the first place. Moreover, mergers inherently involve product strategy, and it has been highly ambiguous, The executive leadership has failed to articulate a clear vision for the end product and the steps needed to achieve it.

Viewing 1 - 3 of 59 Reviews

Glassdoor has 82 ToolsGroup reviews submitted anonymously by ToolsGroup employees. Read employee reviews and ratings on Glassdoor to decide if ToolsGroup is right for you.