Pros
Good pay and benefits; good work/life balance on my team, but it depends what team you're on. It still looks good on a resume.
Cons
Juggernaut career climbers who destroy a group to make themselves look good. A company who's only strategy is to draft behind innovators and maintain profits for the big shareholders. Impossible to get anything done without getting buyoff from tons of people. Employees are incredibly unaware of what's going on in the rest of the industry. Strong sense of entitlement.
Advice to Senior Management
Stop buying other people's innovations and start really putting your own blood into the game. That's the only way this company is going to learn how to own what it sells, care about the customer, and really be accountable instead of just talking the talk.