Pros

If you can schmooze with the best of them ---- the sky is the limit........ If you are one of those individuals who does not really care about relationships and is after just a performance based role...where merit/recognition is solely based on performance (like in trading) ...then look elsewhere.....i've definitely seen ppl with 4.0 gpas from top schools get turned down for jobs/promotions --- because they weren't "sociable".....of course if you are one of those social types ---- and you perform --- then this is the place to be

Cons

kinda the double edged sword of working at a company that places a high level of emphasis on relationships/social activities/work life balance ----- if you aren't social/comfortable wit networking --- i can see it being a drag

Advice to Senior Management

Have a more objective promotions review process --- sometimes politics can inadvertently get in the way