Discovery Communications – “A nice place to visit, but don't count on staying long.”

Pros

Benefits, Salary, Atmosphere. On balance, a very good place to work.

Cons

Removed from most of industry, creating something of a vacuum. Highly volatile organization until you are part of the "in crowd." Transition from private to public company could dampen entrepreneurial spirit, creativity and risk taking (as it already appears to be). Internal politics aren't as sticky as they once were, but can still be difficult.

Advice to Senior Management

Focus more on smart decisions, not quick ones. Understand your core business, and recognize when you don't understand parts of it (ie, content). Train senior managers on critical decision making skills, and reward them. Hire more people with professional experience in the industry.