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Emerson Electric – “Emerson pretends to an innovative company, until real innovation threatens one of the larger divisions.”
Pros
It is a financially sound company, which is very important. If they stick to their core values, they will be around for a very long time. Emerson is probably a better company to invest in than work for.
Cons
Below average compensation.
The corporate culture makes it very hard to solve problems, because the problem solving process has become more important than solving the problem itself.
Although Emerson Process Management touts itself as an innovator, you'd better make sure your innovation doesn't make one of the big divisions (PSS, Rosemount, or Regulators) look bad, because your innovation will be killed.
Emerson Process Management also has a reputation for being very arrogant, especially outside of the U.S. Emerson seems to have the opinion that customers will buy what we tell them, because we know what's best.
It was announced just recently that Emerson Process Management was going to start talking to customers before developing new products. How innovative. How fresh.
Advice to Senior Management
Keep managing the company financially the way you have been for the last 100+ years. You are doing a great job. Realize, however, that to develop truly innovative products and services requires an open mindset that just does not exist in the organization.