Freddie Mac – “Job SIlos, Impaired Institutional Memory, Impossible Mission, Un-unified Senior Mgt”

Pros

-Can learn a lot in a very short period of time
-Ideal for entry-level employees
-Good benefits
-some positions give you Wall Street exposure

Cons

-Hard to get reassigned, you most likely will be laid off when management veers off (again); this results in an impaired institutional memory
-Narrow job silos make you much less marketable to outside employers
-Never having been properly capitalized in the first place and its conflicting missions make it a political pinata, hence the management veering
-Executive suite always in turmoil due to the pinata effect, no cooperation between divisions as a result

Advice to Senior Management

Try to hang on to your talent.