Pros

Strong senior management team with strategy and vision for market transformation
Strong leadership team with high ethics
Cultural diversity
Good place to start career and get experience
Good benefits and 401k

Cons

Employees using empowerment and freedom from management to abuse system
Lack of management visibility to activities of employees - employees abuse this
Good amount of tenured employees with connections that manipulate system
LIttle accountability on behalf of employees
Image going to work and listen to coworkers brag about taking +3 hour lunches

Advice to Senior Management

Continue to focus on executing strategic vision
Encourage first line managers to empower their employees, but caution and instruct them to watch for employees that work the system
Reinforce "doing the right thing"
Employees abusing system should be held accountable for their actions
Imagine the effects of employees that work short days and brag about 3 hour lunches and what that does to the moral of employees that work an honest days work