Pros

Compensation is higher than industry average.

There is very little chance of termination for incompetence

It is nearly impossible to be uniquesly responsible for failure.

Work hours are not excessive

Cons

Very little overall technical competence

Demonstrated excellence is largely ignored

The decision-making process is ridiculous

It is an unispiring environment

Advice to Senior Management

Show some ownershipand value those that do show it. Stop celebrating simple execution of job responsibilities and start creating some challenges.